meta_pixel
Tapesearch Logo
Log in
WSJ Minute Briefing

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

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 16 March 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Italian bank UniCredit has offered to buy all the remaining shares of Germany’s Commerzbank. And Intuit plans to roughly double its stock buybacks to shore up its falling stock. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

I think the potential of Agenic is to rethink how work gets done overall.

0:05.0

It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand.

0:11.3

That's Jason Gersatus, CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI.

0:17.9

Join him later to learn why agents are a game changer for businesses across industries.

0:27.4

Here's your midday brief for Monday, March 16th. I'm Pierre Bien-Ame for the Wall Street Journal.

0:33.1

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.

0:43.3

Those are the kinds of chips Nvidia built its massive computing empire with, chips optimized for training AI.

0:49.1

Much more of the talk at this year's event will be focused on inference,

0:52.4

the type of computing required to run models

0:54.5

and allow them to respond to user questions. That's because the AI industry has moved into a new

0:59.9

phase. NVIDIA's customers are less concerned today with training large AI models and more

1:05.2

preoccupied with running them and generating big profits from end users. That inference requires

1:10.7

a different suite of hardware compared with chips optimized for training.

1:14.6

The Italian Bank Unicredit has offered to buy all the remaining shares of Germany's Commerce Bank.

1:20.3

The bank said its proposal to buy the rest of Commerce Bank for around $24 billion, or roughly $28 billion,

1:26.6

isn't likely to lead to a quick merger.

1:28.8

The German government is a 12% owner of Commerce Bank and has resisted letting the bank

1:33.5

come under foreign ownership.

1:35.7

And Intuit plans to roughly double its stock buybacks, while ending scheduled stock sales

1:40.8

by its senior management team to help shore up its stock.

1:44.3

Intuit owns TurboTax, Credit Karma, and QuickBooks. Its stock is down about 33% this year.

1:50.0

Investors worry artificial intelligence will degrade software providers' businesses.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.