Nvidia's ousted CEO Jensen Huang's downfall isn’t just your run-of-the-mill salacious billionaire sex scandal. He was using his influence to push the AI industry in some very specific ways.
Five ways Jensen Huang’s ouster from Nvidia could damage the AI industry
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Jensen Huang is out at Nvidia — who is Colette Kress, his interim replacement?
Nvidia shares plunge 10% in pre-market trading after board ousts longtime boss Huang over two affairs, including with a suspected Chinese spy, in big blow to AI boom Too big – and too well-connected – to sack? Huang does not enjoy the supercharged voting rights that are par for the course elsewhere – his shareholding is a plain vanilla 3.6%. On the other hand, Nvidia’s board does not appear to have spent much time worrying about succession planning and “key person risk” or other standard concerns of corporate governance wonks outside the US. Continue reading...