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Nvidia CEO Sees "Revolutionary" AI Future
1 Dec
Summary
- Physical AI, interacting with machines, is seen as next growth phase.
- Agentic AI, performing complex multi-step tasks, is rapidly evolving.
- Nvidia achieved $57 billion in revenue last quarter, up 62% year-over-year.
Nvidia's CEO Jensen Huang has articulated a vision for a "revolutionary" era driven by physical AI, a domain where artificial intelligence interacts directly with machines and the physical environment. This expansion into robotics and autonomous vehicles is projected to be a major growth catalyst, with CFO Colette Kress calling it a multitrillion-dollar opportunity.
This anticipated evolution builds on the company's recent stellar performance. Nvidia reported a record $57 billion in revenue for the quarter ending October 26, marking a substantial 62% increase compared to the previous year. The company projects continued growth, expecting approximately $65 billion in sales for the current quarter.
Beyond physical AI, agentic AI—which performs complex, multi-step tasks like travel booking—is also a key area of development. Huang believes these advancements will unlock new applications and companies, solidifying Nvidia's position at the forefront of artificial intelligence innovation.
