6 days ago
Nvidia Targets Global Robot Leadership as China Emerges Customer
Nvidia makes technology that can help robots understand and act in the real world.
The company wants its technology to be used by robots around the world.
China is described as an eager customer.
Nvidia’s physical artificial intelligence business already brings in about $10 billion each year.
That is much smaller than the company’s total revenue.
Nvidia made $303 billion over the four quarters that ended in July.
Jensen Huang, Nvidia’s chief executive, believes the physical artificial intelligence business could become ten times larger in the next decade.
Nvidia is seeking a leading role in the global robotics industry.
China is described as an eager customer for Nvidia’s physical artificial intelligence.
Nvidia’s physical artificial intelligence business already generates about $10 billion annually.
That business remains a fraction of Nvidia’s total revenue.
Chief Executive Jensen Huang expects physical artificial intelligence revenue to grow tenfold within a decade.
- Who
- Nvidia, its Chief Executive Jensen Huang, and China as an eager customer.
- What
- Nvidia is expanding its physical artificial intelligence business for robotics.
- Where
- The effort is global, with China identified as an eager customer.
- When
- The company expects the business to grow tenfold within the next decade; the cited total revenue covers the four quarters ended in July.
- Why
- Nvidia believes demand for technology used in physical artificial intelligence and robots will grow substantially.
Key facts
- Physical AI revenue
- About $10 billion annually
- Nvidia total revenue
- $303 billion over the four quarters ended in July
- Expected growth
- Jensen Huang says physical AI revenue will grow tenfold within the next decade
- Business focus
- Physical artificial intelligence and robotics
- Notable customer market
- China is described as an eager customer
- Company executive
- Jensen Huang, Chief Executive of Nvidia
Sources
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