Jensen Huang, face of the AI boom, ousted by Nvidia board as CEO

Detailed summary

Chief Financial Officer Colette Kress was named interim CEO.

Maybe tone down the “founder” story a bit? He owns less than 4% (yes a nice chunk of change) but nobody inside or outside Nvidia pretended that Jensen still played any technical role since decade or more.

Ellison at Oracle is a 35% founder shareholder. That is properly pregnant. Same Musk at Tesla and SpaceX over the 25% levels.

Hopefully Nvidia’s actual financial condition and its reporting does not trigger the claim of naked emperor in AI because that will wipe out 10+ trillion of debt and equity, especially private debt in that market is “optimistic”

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