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, cybersecurity has been identified as a key area supporting its performance.
On September 10, Huang spoke at the Goldman Sachs technology conference in San Francisco, stating, "Cybersecurity will be the next major application area for AI." He explained that the automation of computer programming using AI models is accelerating the pace at which code can be exploited, and correspondingly, the speed of modifying and fixing that code is also increasing, thus changing the landscape of the cybersecurity industry.
Huang posed a rhetorical question: "What better way to create demand than to generate problems?" He emphasized, "Who wouldn’t want their products to receive enthusiastic market responses, with people lining up to buy them?" He added that there are responsible ways to create such demand, as well as less desirable methods.
These comments come 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 its initial forecast of 44% growth, with cybersecurity expected to be a major contributor. Huang reiterated, "We believe revenue can grow by 70% year-over-year, and we are confident in this."
Meanwhile, Huang addressed recent allegations regarding 'circular trading' related to NVIDIA's investments, asserting that the nature of their investments is fundamentally different from circular trading. He stated, "We invest a small amount of capital and receive significant returns, so it’s not circular trading. If you look at the spreadsheet, we invested $1 and received $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 involve those clients using NVIDIA's investment funds to purchase NVIDIA's AI chips, raising concerns about circular trading.
* This article has been translated by AI.
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