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Nvidia's board ousts CEO Jensen Huang amid foreign spying reports

Colette Kress is interim CEO while the board searches for a successor, and Nvidia holds $100 billion in equity investments.

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Nvidia's board ousted CEO Jensen Huang days after opening an independent investigation into reports that he was the target of a foreign intelligence effort. His successor will face questions about Nvidia's $100 billion in equity investments, including a planned $10 billion stake in Anthropic's IPO next week. Full story:
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Nvidia CEO Jensen Huang resigns amid spy, affair scandals. After reports of Huang’s two extramarital affairs with an alleged spy and an Nvidia executive, he’s out, and Nvidia CFO Colette Kress is in
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Jensen Huang is out, NVIDIA CFO Colleen Kresse is interim CEO. Big question now is what it means for AI industry to have such a key dealmaker behind supply of compute, investment for both biggest AI companies and smaller startups alike suddenly removed.
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🧵 BREAKING: Jensen Huang has resigned as Nvidia CEO, upending the world’s second-most-valuable company and rattling one of the foundations of the AI economy. Finance chief Colette Kress will become interim CEO.
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Jensen Huang has resigned as Nvidia CEO, president and board member effective immediately. CFO Colette Kress is now interim CEO while the board searches for a permanent successor.
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Nvidia is searching for a new CEO after ousting Jensen Huang, who resisted a succession plan and left no clear No. 2 among dozens of direct reports. Huang once told senior colleagues he planned to run the company until he was 120. Full story:
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