Industry Newsgenerative aisoftware industrynvidiamarket volatility
Nvidia CEO Defends Software Against AI Threats
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At a Cisco-hosted AI conference in San Francisco this week, Nvidia CEO Jensen Huang dismissed fears that AI will render software obsolete, calling the notion "illogical." His remarks came as a global software-stock selloff, partly triggered by Anthropic's updated chatbot, hit markets—Indian IT exporters fell 6.3% on Feb. 4 while indexes in China and Japan also declined.
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