Why will the next generation of software companies be capital-expenditure heavy?

Jensen Huang
Replied byJensen Huang

Co-founder & CEO at NVIDIA

Niche: Technology
Revenue: $1M+/month
Location: Santa Clara, California, United States
Started: 1993

Traditional software was capital-expenditure light because code was written by humans. AI software requires massive computing clusters to manufacture tokens and process reasoning. Generating intelligence requires building physical data centers and investing in hardware.

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