NVIDIA working on a game-changing $50 trillion 'AI automation' market for the future

NVIDIA CEO Jensen Huang thinks that the current AI insanity will lead to AI automation worth a mind-boggling $50 trillion worth of companies, and that NVIDIA's new Blackwell GPU architecture will play a (gigantic) role in that future.

At the recent NVIDIA Annual General Meeting, the company's shareholders talked about future plans including compensation packages for top NVIDIA executives, including CEO Jensen Huang.

During the meeting, Jensen talked about the future of the AI markets being bright and "green" as well, claiming that companies are moving towards automation and that the AI automation sector could grow into a $50 trillion stream, which would make it one of the largest markets on the planet.

• Read more: NVIDIA becomes the most valuable company in the world with $3.33 trillion market cap
• Read more: NVIDIA's new Blackwell-based DGX SuperPOD: ready for trillion-parameter scale for generative AI
• Read more: NVIDIA GB200 Grace Blackwell Superchip: 864GB HBM3E memory, 16TB/sec memory bandwidth
• Read more: NVIDIA's next-gen Blackwell AI GPU: multi-chip GPU die, 208 billion transistors, 192GB HBM3E

Not just that, Jensen talked about NVIDIA's new Blackwell GPU architecture and that it will be the most "successful product in their history and for the entire history of computers." That might be something bold to say, but given that NVIDIA has an estimated 98% of the AI chip market share, and with Blackwell making the dominant Hopper H100 look slow in comparison, that isn't out of this world to see.

• Read more: NVIDIA's next-gen RTX 5090 rumors: GDDR7 on 512-bit bus, RTX 5080 will have 256-bit bus
• Read more: NVIDIA reportedly has 98% of the AI GPU market, ships almost 4 million AI GPUs in 2023
• Read more: NVIDIA CEO proud to announce Dell's new AI factory is powered by Blackwell AI GPUs
• Read more: NVIDIA and Foxconn expect results this year for AI factories, smart manufacturing, AI smart EVs