Sector 6 | The Newsletter of AIM

Sector 6 | The Newsletter of AIM

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Sector 6 | The Newsletter of AIM
Sector 6 | The Newsletter of AIM
GenAI Revenue Soars Like Never Before
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GenAI Revenue Soars Like Never Before

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Analytics India Magazine
May 27, 2024
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Sector 6 | The Newsletter of AIM
Sector 6 | The Newsletter of AIM
GenAI Revenue Soars Like Never Before
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Astounding revenue surges are like finding a winning lottery ticket in an old black leather jacket. This week, NVIDIA announced its quarterly revenue for FY25 Q1, reporting a record-breaking 629% year-over-year increase, with revenue up 261.11% ($26 billion), fueled by advancements in generative AI.

There is no stopping NVIDIA. Its data centre revenue alone was $22.6 billion – a record-breaker again – up 23% sequentially and 427% YoY, driven by continued strong demand for the NVIDIA Hopper GPU computing platform across data centres, cloud providers, and enterprise customers. 

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