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CLAIM #46795 · NVIDIA Corporation (NVDA) · 2024Q1 earnings call · May 24, 2023 · due Dec 31, 2023

NVIDIA Omniverse Cloud will be available starting in the second half of this year.

Colette Kress · CFO

PENDING
graded after results covering Dec 31, 2023 are reported

In context

s behind us. The ramp of our Ada Lovelace GPU architecture in workstations kicked-off a major product cycle. At GTC, we announced six new RTX GPUs for laptops and desktop workstations, with further rollout planned in the coming quarters. Generative AI is a major new workload for NVIDIA-powered workstation. Our collaboration with Microsoft transformed windows into the ideal platform for creators and designers, harnessing generative AI to elevate their creativity and productivity. At GTC, we announced NVIDIA Omniverse Cloud, an NVIDIA fully managed service running in Microsoft Azure that includes the full suite of Omniverse applications and NVIDIA OVX infrastructure. Using this full stack cloud environment, customers can design, develop, deploy, and manage industrial metaverse applications. NVIDIA Omniverse Cloud will be available starting in the second half of this year. Microsoft NVIDIA will also connect Office 365 applications with Omniverse. Omniverse Cloud is being used by companies to digitalize their workflows from design and engineering to smart factories and 3D content generation for marketing. The automotive industry has been a leading early adopter of Omniverse, including companies such as BMW Group, Geely Lotus, General Motors, and Jaguar Land Rover. Moving to Automotive. Revenue was $296 million, up 1% sequentially, and up 114% from a year ago. Our strong year-on-year growth was driven by the ramp of the NVIDIA DRIVE Orin across a number of new energy vehicles. As we announced in March, our automotive design win pipeline over the next six years now stands at $14 billion, up from $11 billion a year ago, giving us visibility into continued growt

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SEC filings for NVDA · Claim quote is verbatim from the 2024Q1 earnings call.