The software industry has faced recent volatility, particularly with investor concerns about AI tools like Claude Cowork potentially displacing legacy SaaS companies like TCS and Infosys. However, Nvidia CEO Jensen Huang contends that this perspective is misguided. He emphasizes that AI will not replace established software tools but will serve as an intelligent agent utilizing them to enhance human productivity. Huang asserts that legacy software, such as SAP and ServiceNow, will continue to thrive due to their inherent value. He predicts a future where AI agents perform tasks with the aid of existing software, reinforcing the notion that AI serves as a tool user rather than a replacement. Nvidia, under Huang’s leadership, recently reported a remarkable 73% revenue increase for FY25, reaching $68.13 billion, and anticipates further growth with a projected $78 billion revenue for Q1 FY26. Naveen Huang’s insights illustrate a collaborative future between AI and legacy software, ensuring ongoing relevance in the tech landscape.
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