Nvidia’s () voluminous contracts with other technology giants such as Amazon, Microsoft and Google have secured the company its current status as an industry darling. But the company is eyeing a diversification that involves clients in governments (which includes Brazil) and direct sales to companies.
“We are starting to see corporations a little more mature in the development of their techniques in the cloud, and they are now able to do the math”, says the executive director of corporate sales at Nvidia in Latin America, Márcio Aguiar, in an interview with InfoMoney. “Our proposal has always been hybrid computing. It means that for certain volumes of work it makes sense to rent from the cloud. Now, for others, it is done at home”, he explains.
Today, approximately 50% of Nvidia’s revenue comes from so-called hyperscalersmajor public cloud providers such as Amazon’s AWS (), Microsoft’s Azure (), Google Cloud and Oracle ().
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Last Wednesday (20), the company reported revenue of US$35.08 billion in the last quarter, of which US$30.77 came from the data center line. The value represented an increase of 17% three months compared to the previous three months and 94% above the same range last year.
Demand remains strong, with high investments in infrastructure being announced by hyperscalers throughout the year. These companies, however, have been looking for alternatives to Nvidia. Last week, for example, dedicated to artificial intelligence processing.
For Nvidia, the idea is for revenue to diversify across companies and governments. In recent months, strategic contracts have been signed with countries such as Denmark, Japan, Indonesia and India.
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Brazil on the supercomputer route
For now, the United States, Europe and Asia markets are more mature and are Nvidia’s main customers. However, Brazil should gain an important space in the investment route of countries in AI through the Brazilian Artificial Intelligence Plan.
This year, the Brazilian Artificial Intelligence Plan (PBIA) was announced, which foresees an investment of R$23 billion from 2024 to 2028. Considering the projection, the project would be Nvidia’s largest in Brazil and would be in line with the Nvidia plan. Brazil to have one of the top 10 supercomputers in the world.
But there is concern about the deadline, because, even though the Plan was announced, the release of the funds was not sanctioned. The company maintains dialogue with the Ministry of Science and Technology. The assessment is that decisions should be faster compared to other countries, although planning time must be taken into account.
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For now, bodies such as Banco do Brasil, the Social Security Technology and Information Company (Dataprev), the Brazilian Agricultural Research Company (Embrapa) and the Federal Data Processing Service (Serpro) have projects involving Nvidia GPUs in the country .
Nvidia argues that the Brazil project should involve gradual purchases of batches of GPUs, which would assist in the installation and maintenance of cutting-edge equipment. “We say that if you buy everything now, a year from now, when it is installed and researchers take advantage of it, it will already be out of date”, says Aguiar
