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WSJ Minute Briefing

Nvidia’s Developers' Conference Is Focusing on a New Type of AI Computing

16 Mar 2026

Transcription

Chapter 1: What is the significance of Nvidia's focus on inference at this year's developers' conference?

0.537 - 11.013 Pierre Bien-Aimé

I think the potential of agentic is to rethink how work gets done overall. It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand.

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11.353 - 22.63 Jason Gerzades

That's Jason Gerzades, CEO of Deloitte US, talking about the transformational potential of agentic AI. Join him later to learn why agents are a game changer for businesses across industries.

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27.773 - 48.744 Pierre Bien-Aimé

Here's your midday brief for Monday, March 16th. I'm Pierre Bien-Aimé for The Wall Street Journal. NVIDIA's annual developers conference, GTC, begins today. And for the first time this year, the event's focus won't be squarely on GPUs, or graphics processing units. Those are the kinds of chips NVIDIA built its massive computing empire with, chips optimized for training AI.

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49.325 - 60.364 Pierre Bien-Aimé

Much more of the talk at this year's event will be focused on inference, the type of computing required to run models and allow them to respond to user questions. That's because the AI industry has moved into a new phase.

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Chapter 2: How does agentic AI transform traditional work processes?

60.985 - 79.948 Pierre Bien-Aimé

NVIDIA's customers are less concerned today with training large AI models and more preoccupied with running them and generating big profits from end users. That inference requires a different suite of hardware compared with chips optimized for training. The Italian bank Unicredit has offered to buy all the remaining shares of Germany's Commerzbank.

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80.589 - 95.479 Pierre Bien-Aimé

The bank said its proposal to buy the rest of Commerzbank for around 24 billion euros, or roughly 28 billion dollars, isn't likely to lead to a quick merger. The German government is a 12% owner of Commerzbank and has resisted letting the bank come under foreign ownership.

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95.459 - 114.124 Pierre Bien-Aimé

And Intuit plans to roughly double its stock buybacks while ending scheduled stock sales by its senior management team to help shore up its stock. Intuit owns TurboTax, Credit Karma, and QuickBooks. Its stock is down about 33% this year. Investors worry artificial intelligence will degrade software providers' businesses.

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114.925 - 132.91 Pierre Bien-Aimé

Intuit's CFO told the journal that, quote, "...the market is seeing a boogeyman that frankly doesn't exist." Heads up, an artificial intelligence tool helped us make this episode by creating summaries that were based on WSJ reporting and then reviewed and adapted by an editor. We'll have more coverage of the day's news on the WSJ's What's News podcast.

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133.371 - 143.826 Pierre Bien-Aimé

You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts. Access to affordable credit helps me pay my employees, but I don't really need it.

144.194 - 154.036 Unknown

Inflation is killing me. But who cares? Big retailers are making record profits. That's why we support the Durbin Marshall credit card bill. See?

154.357 - 159.408 Pierre Bien-Aimé

Banks and credit unions help small businesses make payroll. This bill would cut the vital resources they need.

159.829 - 163.979 Unknown

While increasing megastore profits. They deserve it, don't they?

164.801 - 170.353 Pierre Bien-Aimé

Tell Congress, stop the Durbin Marshall money grab for corporate megastores. Paid for by the Electronic Payments Coalition.

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