NVIDIA announced another record-breaking quarter on Wednesday. Revenue surged to $39.3 billion, a 12% increase from the previous quarter and a 78% rise from the previous year. “Demand for Blackwell is amazing as reasoning AI adds another scaling law—increasing compute for training makes models smarter and increasing compute for long thinking makes the answer smarter,” said Jensen Huang, founder and CEO of NVIDIA. He said that the world is at a nascent stage of reasoning AI and inference-time scaling, and multimodal AIs, enterprise AI, sovereign AI, and physical AI are right around the corner. “We will grow strongly in 2025,”...