Nvidia begins its annual GTC developer conference in San Jose, California, on Monday. CEO Jensen Huang will deliver the keynote address at 11 a.m. Pacific Time. GTC, which stands for GPU Technology Conference, is Nvidia’s flagship event running from March 16 to March 19. The company typically uses this platform to announce new products, highlight partnerships, and outline its vision for the future of computing. Huang’s keynote will specifically focus on Nvidia’s role in the future of computing and artificial intelligence.
The broader three-day event is centered on the future of AI across various industries, including healthcare, robotics, and autonomous vehicles. On the software front, rumors suggest Nvidia will release an open source platform for enterprise AI agents, known as NemoClaw. This platform would provide businesses with a structured method to build and deploy AI agents, which are software programs capable of autonomously carrying out multi-step tasks. This move would position Nvidia to compete with similar offerings from other companies like OpenAI.
Regarding hardware, the company is also rumored to be introducing a new chip designed to accelerate the AI inference process. Inference is when an AI model applies its learned knowledge to generate responses or make decisions, as opposed to the initial, more computationally intensive training phase. Faster and more affordable inference is widely considered a key bottleneck to broadly scaling AI applications. This new chip represents Nvidia’s latest effort to dominate not just the AI training market, where it already holds an estimated 80 percent share, but also the inference market, where competition from custom chips built by Google, Amazon, and others is rapidly increasing.
The event will also feature a range of partnership announcements and demonstrations showcasing Nvidia’s AI capabilities across different sectors. Additionally, attendees are expected to learn more about Nvidia’s plans for its relationship with Groq, an inference company. Nvidia reportedly paid 20 billion dollars late last year to license Groq’s technology. There is significant interest in this partnership, as Groq’s founder, president, and other team members have joined Nvidia to help advance and scale that licensed technology.