AIThe Decoder43 minutes ago
Nvidia Ouster Linked to Risky Credit Program
3 min read
Nvidia ousted CEO Jensen Huang primarily due to a risky credit program offering billions in guarantees to AI cloud providers, driven by his son-in-law Nico Caprez. Interim CEO Colette Kress cut the largest OpenAI deal from $250 billion in half after internal questions. Nvidia shares fell 5% upon the report's release, and the scaled-back agreement was signed in August.
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