On Thursday, Gene Munster of Deepwater Asset Management discussed Nvidia Corp. (NASDAQ: NVDA) managing partner Jensen Huang’s insights, highlighting a notable transformation in the software industry. At the Morgan Stanley Technology, Media, and Telecom Conference, Huang suggested a paradigm shift from traditional seat-based subscription models toward innovative approaches such as renting AI agents and specialized tokens. Munster emphasized that this shift could significantly expand the software market as reliance on seat-based models diminishes, stating that “usage-based software companies will flourish.”
Market reaction remains turbulent with the rise of AI tools from companies like Anthropic and OpenAI, which some analysts believe may disrupt conventional software functions. However, institutions like HSBC assert that AI will enhance the industry rather than replace it. Additionally, Huang revealed that Nvidia’s investments in OpenAI and Anthropic may cease after their upcoming IPOs. Nvidia shares closed at $183.34, indicating a slight increase but showing a downward trend in short-term analysis.
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