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Nvidia’s AI boom created a $9 billion foundation led by Lori Huang. Here’s where the money has gone.

Publicado por Business Insider · Estados Unidos hace 34 min
Nvidia’s AI boom created a $9 billion foundation led by Lori Huang. Here’s where the money has gone.
Business Insider

Resumen detallado

The Jen-Hsun and Lori Huang Foundation's fate remains unclear in the wake of Jensen Huang's recent scandals.

Jensen Huang is out at Nvidia, but there's still a big question over what comes next for the $9 billion foundation that's led by his wife, Lori. The couple established the Jen-Hsun and Lori Huang Foundation in 2007, when it listed $13,000 in net assets and made zero donations, according to a tax filing. It named Lori Huang as president and Jensen Huang as CFO and secretary, neither of whom earned a cent from their roles. Nearly a decade later, the foundation's assets have ballooned to a multibillion-dollar fund, growing alongside Nvidia's power and profits. Now, the foundation's fate is unclear after Jensen Huang's extramarital affair and possible foreign influence scandal.

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