The AI market will be worth $600 billion, Nvidia exec says

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

According to Nvidia, $600 billion is tied to a major bet on accelerated computing.

According to Das, the total addressable market for AI will consist of $300 billion in chips and systems, $150 billion in generative AI software, and $150 billion in omniverse enterprise software. These figures represent growth over the "long term," Das said, though he did not specify a target date.

"It's not just about the chips, it's about the whole stack," said Das, Nvidia's vice president of enterprise computing.Das explained that accelerated computing is still in its early stages.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia’s Rally Is Going to Show Traders What a  Market Bubble Looks Like, Rob Arnott SaysFor years now, stock traders have been getting so rich betting big companies will get even bigger that they’ve forgotten what a bubble looks like. They’re going to find out thanks to Nvidia Corp.
Source: BNNBloomberg - 🏆 83. / 50 Read more »