Nvidia (NVDA) expects physical AI revenue to grow from $10 billion to $100 billion in a decade. It made $96 billion last quarter.

Deepu Talla told the Financial Times he expects Nvidia's (NVDA) revenue connected to physical AI to grow tenfold over the coming decade, from $10 billion to $100 billion. Talla is the company's vice-president of robotics and edge AI. Nvidia recorded $96.2 billion in revenue for the quarter that ended July 26, 2026, while revenue across the latest twelve months was approximately $303 billion. On that basis, today's $10 billion physical AI figure is a little over 3% of total revenue. The $100 billion projection for ten years from now slightly exceeds what Nvidia presently earns in one quarter.

"Ninety per cent of the world's actions need to happen in the physical world, not just in the digital world, that's why we believe the opportunity for physical AI is arguably an order of magnitude larger," Talla told the paper.

Physical AI covers robots, autonomous vehicles, and other systems that act in the world rather than generating text or images. Chief executive Jensen Huang has said every industrial company will become a robotics company as AI moves from the digital to the physical realm. Elon Musk is directing tens of billions of dollars into Tesla (TSLA) as it shifts from electric vehicles toward robotaxis and humanoids, and manufacturing start-ups selling what the industry calls robotics-as-a-service have drawn valuations closer to those of software companies.