Perplexity CEO Aravind Srinivas stated on September 4 that major banks like Morgan Stanley and JPMorgan are requesting air-gapped, on-premises AI solutions, specifically on Nvidia's DGX Spark, to prevent intellectual property from leaking to frontier labs. Nvidia's CFO Colette Kress noted that the company's trailing 12-month on-premises revenue reached $8 billion in the automotive sector alone, with financial services, manufacturing, and healthcare collectively contributing another $7 billion. Nvidia anticipates that non-hyperscaler categories, including sovereign AI, enterprise edge, and air-gapped data centers, will account for approximately half of its data center business.