fromAxios
23 hours agoJensen Huang says Nvidia is the world's only tech company
Look at the large tech companies in the world today. Most of them have a business in advertising or social media or, you know, content distribution...Nvidia is the only company in the world that's large whose only business is technology, Huang said. We only build, we don't advertise. The only way that we make money is to create amazing technology and sell it. Between the lines: Companies like Meta and Google are referred to as tech companies, but much of their revenue comes from advertising. Technology fuels their advertising businesses, however, with AI features creating a windfall of ad-revenue at Meta, for example. As Wall Street has worried about the return on investment in AI, some investors tell Axios that the revenue for tech will still come from advertising in an AI-world.
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