The global trend of generative AI is still going strong, with corporations continuing to strive to introduce related applications to improve efficiency and services. Nvidia remains optimistic about the future growth potential of the AI industry. At a Communacopia + Technology conference hosted by Goldman Sachs, Nvidia's VP in enterprise computing Manuvir Das stated that the Total Addressable Market (TAM) of AI will reach US$600 billion.
Das pointed out that this US$600 billion includes US$300 billion in chips and systems, US$150 billion in generative AI #software, and US$150 billion in Omniverse enterprise software. Das noted that these estimated figures represent long-term growth, but he didn't specify a timeframe for reaching this scale. According to an analysis by Wccftech, given that the global AI industry has not yet reached its peak, this TAM estimation is likely within a 10-year time frame.

Nvidia estimated that AI's overall market has potential to reach US$600 billion
The global trend of generative AI is still going strong, with corporations continuing to strive to introduce related applications to improve efficiency and services. Nvidia remains optimistic about the future growth potential of the AI industry. At a Communacopia + Technology conference hosted...
www.digitimes.com