Jensen Huang's ouster likely traces back to Nvidia's risky business practices more than his personal life
Jensen Huang's ouster likely traces back to Nvidia's risky business practices more than his personal life
A Wall Street Journal report says Jensen Huang was pushed out more over Nvidia's business practices than his personal affairs, citing a risky credit program that offered AI cloud providers and data center developers billions in financial guarantees to buy Nvidia chips, including talks with OpenAI over a $250 billion guarantee for an Ohio data center. After the deal became public and Nvidia shares fell 5%, interim CEO Colette Kress cut the OpenAI commitment in half, and Huang reportedly dismissed her as a "reporting CFO" who was "a deer in the headlights." The report also describes Huang pressuring cloud CEOs at Berlin's GTC conference with a story about a Japanese soup vendor, and CNN reporting that spy allegations involving Alice Huang rest on shaky ground.
It offers a detailed, sourced account of the business disputes behind Huang's departure and the scrutiny of Nvidia's circular AI deals.
Source: The Decoder · the-decoder.com