Jensen Huang resigns

Why did the senior exec rat out on him?

Anthropic is behind this.

Jack Clark Co-founder and head of policy at Anthropic / head of the Anthropic Institute is the nyt and @AnaSwanson "source" he is the one coordinating a coup against Jensen.

It just sucks because Jensen was basically the last big tech CEO that seemed like a human being, and knew what the hell he was talking about. I guess a little too human in the end. But this has pretty much destroyed my last bit of faith in any of them.

I wonder who thought they would make more money with him gone.

Could have just powered through it. I'm surprised he decided to resign.

> NVIDIA (NASDAQ: NVDA) Board of Directors announced today that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board, effective immediately.

Jensen Huang gone as President, CEO, and a member of the Board of Nvidia, effective immediately.

The Nvidia coup operation has been completed. It is over.

i hate this moral outrage. what's wrong if he was sleeping around? let him just print gpu. his ability to print gpus has nothing to do what he does in his bedroom. i can sympathaize with the wife and infidelity is a sin. but he was supplying everybody with gpu. so that makes him a great guy too.

I was hoping we wouldn't return to woke witch hunts

If this was about national security or evading the law, it would have happened when it was discovered.

The board didn't have the determination either to fire him or to protect him, and he realized they wouldn't be able to make a decision, so he did it for them.

Now we'll see yet another jewel taken over by bean counters because the board was so dependent.

Let's hope other founders have boards who can actially handle their responsibilities.

good for her!

I have seen several references to Huang's stance on Open Models, and there is apparently nothing below board with exports. Is there a chance (within reason, I don't mean conspiracy theory) his ouster was orchestrated? Let's call the affair a "convenient excuse" because from what I've seen in my time on earth, a CEO's private indiscretions aren't always enough to result in a termination.

tl;dr - how much of this might be motivated about internal politics and board views vs. CEO views ?

because of a spy?

so a week ago a picture leaks and now he’s out. I’d like to know the story behind the story.

Every influential person, even middle managers, have a laundry list of “scandals” . The real question is why now and why him.

This is the beginning of the bubble burst. for AI… In history, big things always start with little things.

Bad luck for Microsoft. That Surface computer, team up probably goes up in smoke.

Not a bad time for an exit anyway. Saves being in the spotlight later if anything should happen.

wow! things moved fast. It was only yesterday we were debating what could/should happen.

If he did what he did as an employee, he would be fired too. As a CEO it was much worse.

Also, this did not happen in a day, it was cooking for some time and the mid-term shift of power may have something to do with it as well.

All the folks arguing "oh China does not need the chips, this ban is bad". That is a separate issue. Fact is there is a ban and this reeks of at least turning a blind eye in pursuit of profit, if not downright complicity. Second major character flaw for a leader after he demonstrated tendency to cheat.

A CEO is the public face of the company. If he was in China, he would already be in a remote prison for "re-education".

Folks may have their own opinion, but I do think China desperately wants access to the latest nVidia chips. Their own efforts are lagging behind (maybe at 80% and the last 20% is the hardest). So in the meantime, they don't want their software part to fall behind. So they need the latest/greatest for their AI models.

Eventually they may get to hardware parity and likely even get ahead (they have enough smart people and consistent leadership focus). But not today.

For them this was a win-win. If it worked, they would have the chips they need and if it blew up, they would have slowed down the leading US company (and it will affect nVidia).

Mr. Huang who already was quite successful eventually could not manage the stratospheric growth that he lucked into on the back of AI. Maybe on a product level he did, but on a policy level, he seems to have come up short.

Now that leaves another big hardware company, also helmed by a Taiwanese - I hope they can keep their heads (women are generally better at that since they only have to manage one head).

You know the industry has concentrated too much power into too few people when one person's midlife crisis can wipe ~$600 billion in market cap

Well, at least he has about 300 bill in his pocket. He can go and create his own X competitor or just chill on a beach somewhere.

Ofcourse he might have to pay a few bill to men and women sitting in oversized leather club chairs to avoid prosecution.

Maybe it's all just staged so he can play GTA VI in peace?

Have to stay positive, AMD stock price is up!

I remember Jensen saying he doesn’t have a contract with TSMC. The whole supply is based on a trusted relationship and handshake deals between the two CEOs. I wonder if that relationship is transferable to his successor.

Yay for powerful people being held accountable for their actions. Do Musk next.

And is it going to get cheaper to build data centers?

Nvidia was/is such a fundamental cog in the american ai economy/ machine, what spies, what cheating are people obsessed about? Nvidia created the capital for its own success; read about it, think about it, be against it, be for it. The capital did not exist, they created it by neoclouds buying hardware which they wouldnt need for two years ahead by lender and vendor-backed financing; hardware, which would be replaced in another 2-4 years.

Will nVidia continue to provide the same backing to neo-clouds? Without nVidia backing are lenders willing to give more or less?

Forget about chinese openweight models, antropic or oai, I see this development as a huge spanner in the us ai economy, maybe the biggest blunder of the year, the biggest own goal if it came from within the us administration under or without guidance.

And finally: Jensen selling to the chinese iron. Okay, was he the only one, god amongst mortals, in the fricking room. Who the heck comes up with these shallow plots...

He resigned to spend more time with his families.

> Jensen Huang was fighting hard to hang onto his role with the company he founded, according to several people briefed on the discussions. But an interim plan for the chief financial officer, Colette Kress, to take over Nvidia was well underway yesterday.

From the NYT live updates.

Ah well, I'm somewhat seeing parallels to the 2023 OpenAI drama, not sure if this is gonna be how things end quite yet.

I think at this point, what is more interesting to me is not the events themselves, but observing the dichotomy of moral stances in this thread.

Gives some light to understanding why the world is the way it is. No further comment :P

Who ordered the hit? This was coordinated. None of the info was new, it was dwelling for years.

At the point, the lesson is to have affairs big and early, so you are invincible to media-coordinated attacks. What a tragedy.

No, the alternative is not to “not having affairs”. Remember, we don’t need evidence to spin a narrative.

Haha puritans strike again. Should have learned the trump lesson. Just say no and do whatever you want, the news cycle will move on.

Ooh a real world test of whether CEOs are dispensable.

How do you have $150B and squander your 30 year position at the head of this company for either of those two affair partners. Wild work.

It’s crazy how many powerful people are brought down by a seemingly super easy thing: using your conscious mind to decide who to have sex with.

Through abstinence-only sex ed programs, we ask millions of teenagers in the throes of puberty to do this. But somehow fully adult leaders with everything to lose, can’t.

Food for thought- The guy was clearly doing whatever he was doing for the past year if not longer. Why now?

https://www.cbsnews.com/news/jensen-huang-nvidia-rejects-ai-...

Could this be it? Are these fuckers worried about their incentives being misaligned where Anthropic would love to stop open weight models in the US and NVIDIA has incentives to beat Apple at the local AI game.

Just asking questions oh and Dey took'er jerbs!!!

Just putting my comment here for the history books.

The affairs are horrible behavior. Going around export restrictions.

But talk about ruining a legacy before it really took off. I don't really have sympathy. But this guy should have carried around a piece of paper with some short aphorisms to look at everyday to anchor him back to reality.

I was telling yall I knew something was off with nvidia when they had those remote controlled “lets pretend they are ai” Disney robots on stage - I was like that’s not cricket.

I felt I needed to offer a comment since everyone else is.

I honestly have no feelings one way or another about this.

This is the reason no other ceo projects an image of being good guy. One affair and everything you build just collapses. And on the other side rich people can be doing anything and nothing moves markets for their deeds lol

that leather jacket was a givaway.

It's amazing to see the people cheering on Jensen's resignation as if it's not the death knell for open models..especially on a forum that prides itself on open source, what a slap in the face and a compromise of the forums values.

Its his personal thing again, making so much noice for nothing.

The "state of the world economy and the future of open models would be in turmoil due to affairs of a single person who's not even a politician" situation was not on my 2026 bingo card.

I’m sure Nvidia will have great leadership to substitute Jensen, but man is this a generational fumble from Jensen.

The king’s crown tumbles. Stock is already down 10% this morning.

I wonder if this will be the catalyst for Nvidia losing the lead

I predict that Jensen Huang will be co-leading the new SpaceX TerraFab.

Don't really care, just wanna know the value of the golden parachute.

Meanwhile, twitter is all up on Elon hiring Jensen as CEO of Terafab!

Financially, this is probably the best thing that could’ve happened to him…even with the almost assured impending divorce. Wonder if he’s gonna start a new chip company.

Netflix - HONYPOT : The Jensen Huang story. Coming soon.

With valuation down a two figure percentage it will be interesting to see what other problems they will now publish and kitchen-sink.

Singapore: 0.07% of global population, 22% of NVIDIA's revenue