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Jensen Huang resigns as Nvidia CEO, but a Billionaire says hiring him would be 'an honor'-here's who made the surprising offer
Elon Musk responded to a suggestion on X about hiring Nvidia CEO Jensen Huang during his challenging time. Reports indicate that Nvidia's board may discuss Huang's future soon amid rising scrutiny. Allegations about Huang's personal relationships have intensified calls for his resignation from several lawmakers. The controversy has negatively impacted Nvidia's stock, leading to an 8% drop in after-hours trading.
Who is Harvey C. Jones? Nvidia's first-ever board chair has been with the company since its inception in 1993
In a significant shift, Nvidia has welcomed Harvey C. Jones as its inaugural chairman of the board following the abrupt resignation of CEO Jensen Huang. A seasoned expert in the chip-design sector, Jones has been with Nvidia since its inception in 1993. During this period of transition, Colette Kress, the Chief Financial Officer, will act as interim CEO while a permanent replacement is sought amid ongoing scrutiny.
The man in the leather jacket is gone, but new risk haunts AI firms
Jensen Huang abruptly resigned as Nvidia CEO after 33 years following reports of extramarital affairs, including one with a suspected Chinese intelligence asset. CFO Colette Kress is interim CEO. Huang’s exit exposes severe "key person risk" and geopolitical vulnerabilities across the AI industry, highlighting the dangers of concentrating sensitive technological knowledge, political influence, and leadership in single founders.
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.
Harvey C Jones net worth, industry experience and ventures: Who is Nvidia’s first-ever board chair?
Harvey C Jones has been appointed as Nvidia’s first-ever board chair after the resignation of co-founder Jensen Huang as president, CEO and board member. Jones has more than three decades of experience in technology, semiconductor companies and venture investments. The company has appointed Colette Kress as interim CEO and is now looking for a new permanent successor to Jensen Huang. Both internal and external candidates are being considered.
How Colette Kress joined Nvidia before becoming interim CEO? Her children's love for video games played an unexpected role in her hiring
Nvidia's interim CEO Colette Kress joined the chipmaker in 2013 after her two young sons, who were avid video game players, encouraged her to consider the opportunity. At the time, Nvidia was much smaller than it is today, and Kress was moving from senior finance roles at Microsoft and Cisco.
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US stocks: Nvidia shares plunge 13% after Jensen Huang quits as CEO; Colette Kress named interim chief
Nvidia shares plunged 13% after co-founder Jensen Huang resigned as CEO and board member with immediate effect. CFO Colette Kress was named interim chief executive while the board searches for a permanent successor, with Harvey C. Jones appointed Nvidia’s first independent board chair.
Jensen Huang quits as Nvidia CEO, putting $4 trillion empire in transition
Jensen Huang has resigned as CEO of Nvidia, prompting concerns regarding the company’s future direction. Colette Kress has been appointed as interim CEO while the board searches for a permanent successor. Huang's departure follows controversy related to personal relationships and an investigation into potential foreign intelligence targeting. His hands-on management style has significantly influenced Nvidia's operations over the decades.
'Profound' contributions, and not a word about why: What Nvidia's resignation statement leaves out
It was announced that Nvidia's Executive Vice President and Chief Financial Officer, Colette Kress, has been appointed interim CEO. This comes after it was revealed that Jensen engaged in two extramarital affairs. One with an alleged Chinese intelligence operative and another with a subordinate executive. This came after it was reported that Huang had maintained an undisclosed relationship with Kimberly Powell.
Meet Colette Kress, Nvidia's new interim CEO as Jensen Huang resigns: Her education, qualification, career and more
Nvidia CFO Colette Kress has been named interim CEO of Nvidia after Jensen Huang stepped down from the leadership role. A finance graduate with an MBA, Kress joined Nvidia in 2013 after working at Microsoft, Cisco and Texas Instruments. Here's a look at her education, qualifications and nearly 25-year career in the technology industry.
Nvidia loses its AI architect: Huang's exit puts AI dominance to test
Jensen Huang has resigned as CEO of Nvidia, which has raised concerns for the company and the AI industry. Colette Kress will serve as interim CEO while the board searches for a permanent successor. Huang's resignation follows reports of personal controversies, including extramarital relationships involving a former executive. Nvidia's chips are crucial for AI development, making Huang's departure significant amid technological competition.
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.
Death Stranding Isolations anime series: Release date, teaser trailer, plot, main characters, where to watch and production team
Death Stranding Isolations anime series teaser trailer was released at the 10th-anniversary event of Kojima Productions. The trailer revealed a teaser video, visual and crew members of the series. It is based in the universe of Hideo Kojima's Death Stranding game. The entirely standalone 2D hand-drawn series will air in 2027. It will be available to watch on Disney+ and Hulu in select regions.
No. 2 on Day 1: How Jio Platforms broke India’s market cap hierarchy in debut trade
Jio Platforms made a blockbuster stock market debut, listing at a 21.3% premium over its IPO price of Rs 1,119 at Rs 1,358 on the BSE. With a market capitalisation of around Rs 12.5 lakh crore, it became India’s second-most valuable listed company after parent Reliance Industries, overtaking Bharti Airtel. The debut also made Jio India’s largest listed telecom company, placing it ahead of major players such as TCS, SBI and Bajaj Finance.
Jay-Z to headline next year's Super Bowl LXI halftime show: What is the rapper’s net worth
Jay-Z's impressive net worth of $2.8 billion stems from a mix of his music career and savvy business moves, including his involvement with Roc Nation and investments in Tidal and D’Usse. As he prepares to headline the Super Bowl LXI halftime show in February next year, his luxury champagne and fashion lines further highlight his influence across entertainment and spirits, showcasing an entrepreneurial spirit that's hard to match.
Cadence unveils Nvidia-backed AI models that chipmakers can run in-house
Both companies make software used to design computing chips - a process that involves arranging billions of transistors precisely to meet cost and performance targets - and are racing to have AI "agents" use those tools on behalf of human engineers to speed up the process.
Breeder release date: When will the horror thriller starring Maddie Phillips and Dot-Marie Jones hits theaters?
Breeder, directed by Alex Goyette, will release in US theaters on October last. The film follows Russell, a college student who finds unexpected sponsorship from an unusual dog breeder named Patti. As Russell arrives at Patti's ranch, he realizes her intentions is not just animal breeding.
Is The Diplomat Season 5 confirmed? What we know after Season 4’s cliffhanger and is Kate coming back?
The Diplomat Season 4 leaves Kate and Hal facing a choice that could reshape their future. The finale raises questions about their loyalties, and where the Netflix thriller can go next.
Akka OTT release and platform details: When and where to watch Keerthy Suresh, Radhika Apte's crime thriller web series? Teaser, cast and more
Set to premiere on October 30, 2026, Akka explores a fictional matriarchal society. The teaser features women defending their territory against an outsider's threat to their power. Keerthy Suresh plays Bhavani, while Radhika Apte portrays Rudra, whose arrival disrupts their established order. The series is directed by debutant Dharmaraj Shetty and produced by Yash Raj Films. Read on!
Elizabeth Holmes documentary out: When and where to watch You Can See Everything
You Can See Everything is a new documentary detailing Elizabeth Holmes' life prior to her imprisonment. The film chronicles the 34 days leading to her federal prison sentence in 2023. Elizabeth Holmes, founder of Theranos, was convicted of fraud against investors and sentenced to over 11 years. The documentary features Holmes and her family, focusing on her story.
‘Tulsa King’ season 4: Release date, streaming details, cast and what to expect from Sylvester Stallone’s crime drama
Mark your calendars! Season 4 of Tulsa King is set to premiere on October 16, 2026, exclusively on Paramount+. As Dwight Manfredi attempts to legitimize his criminal dealings, he will encounter a web of corrupt politicians and relentless foes. This season promises to delve deeper into Dwight's personal turmoil and strained relationships.
Violet Bridgerton spin-off: Before eight children and endless matchmaking, how did Edmund win the Viscountess' heart?
Violet Bridgerton spin-off: Shonda Rhimes and Nicholas Nardini will write the series together. They will also serve as showrunners and executive producers. Tom Verica and Betsy Beers are also on board as executive producers.
Kotak Mahindra Bank shows bullish breakout; check trade setup and derivative strategy
Kotak Mahindra Bank has delivered a fresh trendline breakout backed by strong volumes and 200-Day EMA support. Trading above key moving averages, technical indicators signal strengthening momentum towards Rs 430. Derivatives analysts suggest a Hedged Call Ratio Spread targeting Rs 420 by October expiry.
Quanfluence raises $10 million to build full-stack photonic quantum computer
The company plans to use the fresh capital to develop and launch a four-qubit quantum computer in the near term, while targeting a larger prototype with around 100 qubits by 2029, cofounder and CEO Sujoy Chakravarty told ET.
Software startup Vinci raises $250 million at a $1.5 billion valuation
The Palo Alto, California-based company is entering a market that includes similar AI-based simulation products from established chip design software firms such as Cadence and Synopsys.
Lord Of The Rings film put on hold after Warner Bros-Paramount merger? Why studio is reconsidering the franchise
Stephen Colbert’s film The Lord of the Rings: Shadow of the Past is currently paused, following significant corporate changes within Warner Bros. and Skydance. Although not outright cancelled, the production faces delays filled with uncertainty. This corporate turbulence might reshape the prospects for future Middle-earth endeavours, prompting a careful examination of established franchises. In the meantime, excitement builds for The Hunt for Gollum, potentially impacting Shadow of the Past's trajectory.
Synopsys shares jump on robust growth outlook, OpenAI and AWS deals
Synopsys shares jumped 10% on Thursday after the chip-design software maker forecast fiscal 2027 revenue and profit above analysts' estimates and unveiled deals with OpenAI and Amazon Web Services.
South Park's new episode builds a golden town for billionaires, then treats them like Vermin
Unlike most South Park episodes, the billionaires are not shown as recognizable public figures. Trey Parker and Matt Stone instead portray them as tiny, crude-looking creatures. Their lavish settlement suddenly appears in Butters’ backyard.
Kaali Kheti first look poster: Jackie Shroff’s rural horror film blends ‘family, legacy and buried truths’
In the upcoming horror movie Kaali Kheti, Jackie Shroff dives into a chilling narrative that intertwines agriculture with supernatural elements. Set against the backdrop of rural India, it contains deep family secrets and generational legacies. Anticipation is building as the first-look poster captivates fans. Under the direction of Imtiyaz Khan, Kaali Kheti is poised to address pressing societal themes through its haunting story, hitting theatres on October 23.
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