Jensen Huang, CEO of NVIDIA, predicts that the next major market for artificial intelligence (AI) will be in cybersecurity. As NVIDIA anticipates continued high growth next year, Huang has identified cybersecurity as a key driver of this performance.
On September 10, during the Goldman Sachs Technology Conference in San Francisco, Huang stated, "Cybersecurity will be the next major application area for AI." He explained that the automation of computer programming through AI models is accelerating the pace at which code can be exploited, and correspondingly, the speed at which code can be modified is also increasing, thus reshaping the landscape of the cybersecurity industry.
Huang posed a rhetorical question: "What better way to create demand than to generate problems?" He emphasized that every company would want to see enthusiastic market responses to their products, with customers lining up to purchase them. He added that there are responsible ways to create such demand, as well as less desirable methods.
This statement comes amid rising concerns about the safety of AI, particularly following recent hacking issues involving major AI models like ChatGPT and Claude. The day before, The Wall Street Journal reported that a researcher at Anthropic, the developer of Claude, resigned, expressing fears that the competitive race among AI companies could lead to uncontrollable AI systems.
Huang suggested that as the use of AI in cybersecurity expands, demand for AI chips will also continue to grow. In fact, Sarah Pryor, CFO of OpenAI, mentioned at an event this week that she views cybersecurity as a significant "commercial opportunity." NVIDIA has also announced collaborations with companies like CrowdStrike, Cisco, and Palantir to develop AI-based cybersecurity tools.
In its earnings report last month, NVIDIA projected a 70% increase in revenue for next year, significantly exceeding the initial forecast of 44% growth, with cybersecurity expected to be a major contributor. Huang reiterated, "We believe that revenue can grow by 70% year-over-year, and we are confident in this."
Additionally, Huang addressed recent allegations regarding 'circular trading' related to NVIDIA's investments, asserting that their investments are fundamentally different from circular trading. He stated, "We invest a small amount of capital and receive significant returns, so it is not circular trading. If you look at the spreadsheets, we invest $1 and receive $100. Is that circular trading? If so, let's do more of it." Recently, there have been suspicions that NVIDIA's investment contracts with major clients allow those clients to use NVIDIA's investment funds to purchase NVIDIA's AI chips, raising concerns about potential circular trading.
* This article has been translated by AI.
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