Nvidia’s New Sales Booster: The Global Push for National AI Champions

In this article:

• • Nvidia announced that sovereign AI efforts are expected to generate almost $10 billion this year, up from nothing last year.
  • The company reported $26 billion in quarterly revenue, with nearly half coming from big cloud-computing companies renting access to its chips.
  • Pablo Chavez, a former Google and Microsoft policy executive now at the Center for a New American Security, noted that governments are anxious about the economic impact of generative AI and seek more influence and control.
  • These sovereign AI efforts are proving lucrative for Nvidia and U.S. tech companies that build and operate data centers, providing new growth opportunities as private-sector demand for AI tools potentially slows.