Jensen Huang: Agentic AI is fully accretive for software companies

ServiceNow CEO Bill McDermott and Nvidia CEO Jensen Huang discuss ServiceNow's aggressive growth targets and the transformative role of agentic AI. McDermott projects doubling revenue by 2030, while Huang highlights ServiceNow's critical position in managing AI agents and the massive increase in compute demand. - ServiceNow aims to double revenue to over $30 billion by 2030. - McDermott cites rapid growth and $28 billion RPO as proof of momentum. - Jensen Huang explains agentic AI requires 1000% more computation than generative AI. - Huang positions ServiceNow as essential for identity and governance of AI agents. - The software industry is transforming as service becomes software, expanding total addressable market. - ServiceNow and Nvidia announced Project ARK for autonomous agents. - Both executives are bullish on the application layer's profitability in AI.