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The Economic Times
The Economic Times

Nvidia growth driver Vera has big-name early adopters, according to CEO Huang

Nvidia's Vera central processing unit (CPU) is ​designed for AI agents and its early adopters include OpenAI, Anthropic and SpaceX, according to the $5 trillion chip company's CEO Jensen Huang.

Huang was speaking ‌and presenting ⁠ahead ⁠of the Computex conference in Taipei where leaders of some of the ​world's largest technology companies are gathering.

During an earnings call in May, Huang ​said Nvidia's new Vera central processors give it access to a new $200 billion market.

"This (Vera CPU) is going to be ​our new major growth driver," said Huang ⁠during a ‌lengthy speech outlining Nvidia's latest AI products ​and highlighting ​the island's central role in the global technology ⁠industry.

Huang also dismissed concerns as "complete nonsense" that ​AI would reduce demand for software engineers, arguing ​instead that the technology would drive hiring by making workers more productive.

"This is the promise of AI. The number of engineers, software engineers, is actually increasing. People talk about AI reducing jobs, complete nonsense. It's causing more software engineers to ‌be hired."

Huang, who was born in Taiwan's southern city of Tainan, announced plans last week to ​invest around $150 ​billion a year in ⁠Taiwan, describing it as the epicentre of the AI revolution.

The speech at the Taipei Music Hall comes around two ​weeks after he accompanied U.S. President Donald Trump on a visit to Beijing, part of a high-powered corporate delegation, to meet Chinese leader Xi Jinping.

The Computex trade show runs June 2-5.

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