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AI & Enterprise

Jensen Huang says Nvidia opened $200 billion new market, sees CPU demand surging

Nvidia is pushing into a new AI infrastructure market with its in-house CPU, Vera, as it expands beyond GPUs in anticipation of the agent AI era. CEO Jensen Huang said Vera has opened a new total addressable market of about $200 billion and described it as the first CPU designed from the ground up for agent AI. He said AI agents’ tool use and task execution will drive heavy CPU demand. Nvidia also cited early sales and strong revenue guidance.

AI & Enterprise

Jim Cramer says big tech cannot scrimp on AI investment as customers already line up

Jim Cramer said big tech companies should not try to save money on artificial intelligence infrastructure investment. He rejected concerns that a rally in data centre and AI-related stocks reflects overheating, saying the current cycle is about catching up with demand that has already materialised. Cramer said major customers such as OpenAI, Anthropic and Meta are already seeking computing resources and infrastructure partners. He cited Amazon’s planned capital spending of about $200 billion this year, largely for expanding data centre capacity.

AI & Enterprise

AWS first-quarter revenue up 28 percent, fastest growth in over three years

Amazon posted first-quarter revenue of $181.5 billion, up 17 percent from a year earlier, and net profit of $30.3 billion, up 77 percent, topping market expectations, the Wall Street Journal reported. AWS revenue rose 28 percent to $37.59 billion, making up about 21 percent of total revenue. Amazon forecast second-quarter revenue of $194 billion to $199 billion and operating profit of $20 billion to $24 billion.