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Meet Colette Kress, Nvidia's interim CEO after Jensen Huang's exit

Nvidia's longtime Chief Financial Officer Colette Kress has been named interim CEO after Jensen Huang's resignation amid an affair scandal

Nvidia CEO Jensen Huang resigns; CFO Kress to take over as interim chief

Nvidia CFO Colette Kress will take over as interim CEO as the company begins its search for a permanent successor.

From Reliance to Sarvam, Nvidia sits at the heart of India's AI plans

Nvidia's chips underpin major Indian AI projects, including Reliance, Yotta, L&T, and Sarvam, even as chief executive Jensen Huang faces scrutiny over a suspected Chinese intelligence operative

Nvidia CEO Huang admits affair with Chinese spy, company launches probe

Nvidia is opening an investigation into reports that CEO Jensen Huang was the "target of a foreign intelligence effort," the company's board of directors said Sunday. The announcement came after Huang acknowledged to the board that he had been intimate with a business executive whom US intelligence determined was gathering information for Beijing, The New York Times reported. Huang apologised in a message to the company, according to the Times. "I was unfaithful to my wife," he said. "My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry." Nvidia's board said in a statement it has "no reason to believe that either national security or Nvidia secrets were compromised," but that its inquiry would examine all available information. Huang "fully supports the review and has committed to cooperating with it," the board said. Huang, 63, will remain CEO during the investigation. The Times reported last month that US intelligence agencies had discovered

AM Intelligence orders 9,000 Nvidia Rubin GPUs for Hyderabad AI factory

Greenko promoters' AI infrastructure platform plans to deploy the GPUs at its Hyderabad facility, with an initial 200 MW capacity involving over $8 billion in capex

Nvidia to invest $1 billion with Eli Lilly to build AI-driven drug lab

The hope is to supercharge a time-consuming process that currently relies heavily on human researchers conducting physical experiments

Asian markets waver as Nvidia slides despite strong earnings beat

MSCI's broadest index of Asia-Pacific shares outside Japan swung between gains and losses, and was last down 0.2 per cent

As shares hit record, Nvidia reclaims title of world's top-valued stock

The stock rose 4.3 per cent to $154.31, taking out an all-time high that has stood since January

Nvidia CEO Huang unveils new tech to keep global AI expansion going

Chief Executive Officer Jensen Huang on Monday kicked off Computex in Taiwan, Asia's biggest electronics forum, touting new products and cementing ties with a region vital to the tech supply chain

AI chipmaker Nvidia gives 'underwhelming' report after 2 years of blowouts

The company also warned that gross profit margins would be tighter than anticipated as it rushes to roll out a new chip design called Blackwell

Nvidia founder unveils new technology for gamers, creators at CES 2025

In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marvelled over the crisp real-time computer graphics displayed on the screen behind him. He watched as a dark-haired woman walked through ornate gilded double doors and took in the rays of light that poured in through stained glass windows. The amount of geometry that you saw was absolutely insane, Huang told an audience of thousands at CES 2025 Monday night. It would have been impossible without artificial intelligence. The chipmaker and AI darling unveiled its GeForce RTX 50 Series desktop and laptop GPUs its most advanced consumer graphics processor units for gamers, creators and developers. The tech is designed for use on both desktop and laptop computers. Ahead of Huang's speech, Nvidia stock climbed 3.4 per cent to top its record set in November. Nvidia and other AI stocks keep climbing even as criticism rises that their stock prices have already shot too high, too fast. Despite worries about a ...

Nvidia CEO unveils robot training tech, Toyota deal, new gaming chips

Nvidia introduced what it calls Cosmos 'foundation' models that generate photo-realistic video which can be used to train robots and self-driving cars at a much lower cost than using conventional data

Nvidia CEO Huang regrets turning down SoftBank's offer to fund acquisition

During a conversation at the Nvidia AI Summit in Japan, Jensen Huang praised SoftBank's Masayoshi Son for his contributions across multiple industry sectors in Japan

Nations building their own AI models add to Nvidia's rising chip demand

Countries adopting their own AI applications and models will contribute about low double-digit billions to Nvidia's revenue

Nvidia's quarterly forecast fails to impress investors, shares fall

The revenue and gross margin forecast for the current quarter were not far from analysts' expectations

Nvidia starts supply of new AI chips to Tata Communications, Jio Platforms

In September last year, tech giant Nvidia said that it is partnering with Reliance and Tata group companies to support the creation of AI-driven supercomputers, AI clouds, and GenAI applications

Nvidia hits correction territory as slump wipes out $430 bn in market value

The stock fell 6.7 per cent, its third straight negative session and biggest one-day percentage drop since April

US antitrust enforcers to investigate Microsoft, Nvidia, and OpenAI

US antitrust enforcers have decided to investigate the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom, according to people familiar with the pending actions. The Department of Justice will launch an investigation of chipmaker Nvidia, while the Federal Trade Commission will scrutinise close business partners Microsoft and ChatGPT-maker OpenAI, according to two people who were not authorised to publicly discuss details of the investigations and spoke to The Associated Press on condition of anonymity. Nvidia and OpenAI declined to comment Thursday. Microsoft didn't immediately respond to a request for comment. The New York Times was first to report Thursday on a deal between antitrust regulators at the two agencies. Emboldened by President Joe Biden's push for tougher scrutiny of Big Tech's business practices, federal officials have signalled for more than a year that they've been watching out for monopolistic behaviour in the rapidly advancing ...

Like pop star, Nvidia's CEO Huang stirs up 'Jensanity' wave in Taiwan

Jensanity, as some Taiwanese have taken to calling his sky-high popularity, has taken over the island

Samsung's HBM chips failing Nvidia tests due to heat, power problems

The reasons for Samsung failing Nvidia's tests are being reported for the first time