Jensen Huang steps down as NVIDIA CEO; Israeli VCs discuss competitive opportunities
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After Jensen Huang stepped down as NVIDIA CEO, Israeli VCs believe this could open a window for competitors. Yanai Oron of Vertex Ventures Israel said slower decision-making at NVIDIA could give competitors an opportunity, but if uncertainty weighs on AI spending, they may simply gain a larger share of a smaller market. Adi Levanon of Selah Ventures said Huang's departure will not dismantle NVIDIA's technology or ecosystem, but could give competitors more room to shape the future.
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- TechCrunch · AIIsrael’s VCs see opportunity for challengers in Nvidia’s turmoil
Israeli VCs say Nvidia's leadership turmoil could open room for competitors, though a change at the top alone won't win them business. Nvidia, which employs about 6,000 people in Israel and built its largest R&D site outside the U.S. there after acquiring Mellanox for $6.9 billion in 2019, is closely watched in the country over whether it will remain as committed under new leadership. Interim CEO Colette Kress and possible successors including Apple's Johny Srouji and Nvidia's Michael Kagan are being observed closely.
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