MICROSOFT SECURITY
Jensen Huang built the company that powers AI. Now Nvidia must find a way forward without him
Nvidia CEO Jensen Huang has resigned following weeks of controversy over alleged extramarital affairs and his links to a woman suspected of spying for China. His departure leaves the AI chipmaker facing leadership uncertainty, investigations and questions over national security, while Colette Kress takes charge as interim chief executive.
Jensen Huang resignation: Is Nvidia facing its Steve Jobs moment?
Jensen Huang resignation: Nvidia is undergoing a significant leadership change following co-founder Jensen Huang's resignation. The company has appointed Colette Kress as interim CEO while it evaluates permanent leadership options. Challenges include maintaining momentum in the AI sector without Huang's unique influence and authority. Unlike Apple, Nvidia lacks a pre-identified successor, complicating its transition. The focus will be on establishing a robust leadership structure to sustain innovation and operational success.
He’s no longer Nvidia’s CEO, so does Jensen Huang still have to face Congress on November 18?
Nvidia's CEO Jensen Huang has received an invitation to a closed-door briefing with US lawmakers regarding his ties with Alice Huang. This meeting, scheduled for November 18 following Nvidia's earnings call, raises concerns over national security, particularly about technology access by China. Although Nvidia has yet to confirm Huang's attendance, the company maintains that his customer interactions are standard business operations.
Colette Kress to lead Nvidia as interim CEO after Jensen Huang resigns: What is her net worth?
Nvidia’s board said Thursday that Colette Kress, the company’s executive vice president and chief financial officer has agreed to serve as interim CEO. Earlier in the day, the board announced that Nvidia founder and CEO Jensen Huang resigned amid backlash over allegations of extramarital affairs.
Nvidia after Huang: Who is interim CEO Colette Kress?
Colette Kress has been appointed as the interim CEO of Nvidia after the sudden departure of Jensen Huang. Kress joined Nvidia in 2013 as CFO, contributing to its significant revenue growth during her tenure. Before Nvidia, she gained experience at Texas Instruments, Microsoft, and Cisco in various financial roles. Forbes ranks her among America's richest self-made women, with her shares valued at approximately $750 million.
Jensen Huang exits Nvidia after 33 years: What the company said about the shock move
Nvidia has announced the resignation of Jensen Huang from all his leadership positions within the company. Colette Kress has been appointed as the interim CEO while a search for a permanent successor begins. Kress will maintain her roles as executive vice president and CFO during this transition period. The board expressed full confidence in Kress and her ability to lead the company forward.
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Jensen Huang resigns from Nvidia after 33 years: Board names Colette Kress interim CEO amid affair reports and China probe allegations
Jensen Huang resigns: Jensen Huang has resigned as Nvidia CEO with immediate effect after leading the chipmaker for 33 years. CFO Colette Kress will serve as interim CEO as the board begins its search for a permanent replacement. His departure comes amid reports about alleged relationships and scrutiny over Nvidia's links to companies suspected of evading US export controls.
Nvidia CEO crisis: Who is Jay Puri? Longtime Nvidia VP in focus as Jensen Huang faces scrutiny over alleged affairs with Alice Huang and Kimberly Powell
Nvidia CEO replacement Jay Puri: Jay Puri, an Indian-origin executive who spent more than two decades at Nvidia, is drawing attention as CEO Jensen Huang faces reports of a possible board ouster. Puri retired from his executive role in August 2026, but his experience at the chipmaker has brought his career into focus amid leadership uncertainty.
Amid layoff season, this Bengaluru company is paying employees to quit and start their own business and return back if things don't work out
Amid layoffs and voluntary buyout offers at global tech companies, Bengaluru-based iD Fresh Food is encouraging employees to quit and start their own businesses. CEO Musthafa PC's entrepreneurship policy offers a partially paid sabbatical, mentorship, access to the company's business network and an option to return if their ventures fail.
Meet Krishna Rao, the Indian-origin Anthropic CFO with a $700 million stake in the firm
Anthropic is seeking to raise as much as $90.4 billionat a potential valuation of about $1.4 trillion as it prepares for its initial public offering (IPO). Seven major tech companies, including Google, Nvidia, and Microsoft, have committed a combined $26 billion to the offering.
Anthropic targets $90 billion IPO at $1.4 trillion valuation
Anthropic PBC is preparing for an initial public offering aiming for a fully diluted valuation of $1.4 trillion. The company plans to raise up to $90.4 billion, including a private placement with major investors. It has reported a revenue run rate of $81 billion, showcasing significant growth in recent months. The IPO is scheduled to price on November 18 and begin trading the next day.
Google agrees to addition privacy protections in Spirit Airlines data sale
The agreement clears the way next week for approval of Google's $10 million deal to acquire Spirit data to train AI models. The union said it had won a more rigorous de-identification process than previously planned and added significant employee data will be excluded from the sale, including health and medical information.
Faithful...to their husbands' institutions
Jensen Huang's recent affair has prompted attention to his wife Lori's possible reactions and future actions. Throughout history, many women have tolerated their partners' indiscretions for various larger purposes. This tendency is especially evident in politics, monarchies, and business, where public loyalty often takes precedence over personal fidelity. Historical examples include Hillary Clinton and Eleanor Roosevelt, who prioritized political stability and legacy.
Anthropic eyes $1.4 trillion valuation in blockbuster IPO, targets up to $90.4 billion in fundraising
Anthropic is targeting a fully diluted $1.4 trillion valuation through its proposed IPO, seeking up to $64.35 billion. Combined with a $26 billion private placement, fundraising could reach $90.4 billion amid rising infrastructure costs and competition.
Nvidia CEO Jensen Huang's $81 billion divorce bill to wife could dwarf Jeff Bezos' $35 billion settlement with MacKenzie Scott ? What we know
Nvidia CEO Jensen Huang's estimated $162.2 billion net worth has drawn attention amid reports of an affair with Alice Huang and a possible divorce. Under California's community property laws, his wife Lori Huang could potentially receive $81.1 billion, a figure that could surpass Jeff Bezos' $35 billion divorce settlement with MacKenzie Scott.
Microsoft presses Trump to scuttle expected ban on Chinese data center technology: Report
Microsoft is lobbying against a proposed ban on Chinese optical transceivers essential for artificial intelligence data centers. The Trump administration's decision could significantly impact the speed of data center development in the US. Industry groups have expressed concerns about potential supply chain disruptions and competitive disadvantages. The Federal Communications Commission is currently deliberating on the implications of this ban.
Microsoft presses President Trump to scuttle expected ban on Chinese data centre technology
Reuters reported in August that the Trump administration wants to ban US imports of new models of Chinese optical transceivers, which allow data to travel over fiber-optic cables at the speed of light within data centers. The concern is that they could be used by Beijing to steal data, install malware or disrupt service at US data centers.
Jensen Huang's price of secret affair: NVIDIA CEO loses $7.4 billion in 30 minutes, drops 2 spots in top 10 richest list
Nvidia CEO Jensen Huang lost an estimated $7.4 billion in net worth, and slipped two spots to number 10 on Forbes' billionaire rankings, all in a span of 30 minutes. The AI-chips revolutionary admitted Monday to having an affair with a Singapore-based executive alleged to be a Chinese spy. Nvidia has done business with the firm, and a probe into the repationship is underway in the United States.
Anthropic unveils Fable 5.2 and Mythos 5.2, its most powerful AI models yet: All you need to know
In a blog post, Anthropic said both models improve on coding, reasoning and vision, and cost less than the 5.1 versions. “Testers have found that Fable 5.2 and Mythos 5.2 communicate more clearly than past Fable and Mythos models,” it added.
Nvidia CEO Jensen Huang's affair with Chinese agent being looked into by FBI, says Trump
The president called Huang, whose computer chips have helped to launch the artificial intelligence revolution, a "very honorable man." The president said he had spoken with Huang.
Human, all too human: More than whether Jensen Huang can survive the scandal, can Nvidia survive Jensen Huang?
Nvidia's co-founder Jensen Huang has acknowledged an extramarital affair which has raised security concerns. He reportedly engaged with a Chinese businesswoman who may have influenced his lobbying efforts. Nvidia has initiated an independent investigation regarding these allegations and their implications. Although personal scandals might impact reputation, Huang's leadership is currently deemed important for the company's future. Nvidia's board maintains confidence in Huang as they navigate this challenging situation.
Why did Susie Wiles resign? What will White House Chief of Staff Stepehen Miller do?
Stepehen Miller is one of Trump’s closest and longest-serving advisers, joining his long-shot 2016 presidential campaign as a speechwriter. Susie Wiles is the longest-serving White House chief of staff for Trump, who cycled through four of them during his first four-year term.
Activists breach Microsoft data centre construction site as protests spread in Europe
Activist groups have announced actions in 16 countries on Friday and Saturday, according to the "Stop Dirty Data Centres" coalition, which is rallying environmental groups and digital rights campaigns behind calls to pause large-scale construction.
Google voluntary buyouts: What's the exit package, which teams qualify and how many employees are eligible after Microsoft's similar offer?
Google Voluntary Exit Programme Details: Google has expanded its voluntary buyout programme to selected employees in five countries. The offer comes as Microsoft rolls out a similar voluntary exit scheme covering around 60,000 employees. Here's a look at Google's severance package, eligible teams and the number of employees who could opt for the offer.
eMudhra says TLS certificate security incident impacted 1% of revenue
eMudhra Ltd experienced a certificate security incident in October that impacted its TLS business revenue significantly. Following the incident, the company revoked the affected intermediary certificates to prevent further issues. Executive Chairman V. Srinivasan confirmed that no end-entity certificates were issued, maintaining the integrity of the infrastructure. KPMG was appointed as an independent external reviewer to investigate the incident thoroughly.
ETtech Explainer: Why Meta is raising billions through bonds
Developing AI models and offering AI-powered services requires enormous computing capacity. This involves building data centres, purchasing specialised chips and servers, expanding cloud infrastructure, and securing the electricity needed to run these facilities.
Microsoft buyout offer: Should you take the payout or risk future layoffs? A legal expert explains what to do before signing
Microsoft buyout offer: Microsoft has offered voluntary buyouts to around 60,000 employees, leaving workers to weigh the payout against the uncertainty of staying or finding another job. Employment attorney Craig Levey shares what employees should review before signing, from legal terms and future layoff concerns to negotiation and tax implications.
Why is Microsoft borrowing $25 billion after offering buyouts to 60,000 employees?
Microsoft 25 billion bond sale: Microsoft is raising $25 billion through a bond sale as AI infrastructure costs rise, days after offering voluntary buyouts to nearly 60,000 employees. The company expects up to 3,000 employees to accept the exit offer as it prepares to spend $175 billion on capital expenditure in 2026.
Microsoft buyout offer? What employees should know before saying yes
Working at Microsoft? Your inbox may hold an exit offer. Microsoft has offered voluntary buyouts to about 60,000 staff across four countries, nearly 27% of its workforce. Each offer differs by role, level and years of service. A former Microsoft HR head says it may not be your best offer, so read every term carefully before you decide.
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