Question · Q2 2026
Samit Chatterjee with J.P. Morgan asked about the accelerating trend in AI-related deals, customer feedback on the new AFX solution, and the reasons for the Q3 revenue guidance being flat to modestly down quarter-over-quarter, which deviates from typical seasonal growth.
Answer
CEO George Kurian noted a growing volume of AI wins (approximately 200 deals) with a stable mix across data prep, training, and inferencing, and strong early interest in the AFX platform, though it's too early to attribute current results to it. CFO Wissam Jabre attributed the Q3 seasonality to a dynamic macro environment and expected sub-seasonal performance in the U.S. public sector due to the recent shutdown.