Nvidia CEO Jensen Huang resigned Thursday after admitting to an affair with an alleged Chinese spy, prompting national security concerns; CFO Colette Kress was named interim CEO. Huang had been a staunch advocate for open source AI, and his departure raises questions over whether Nvidia will sustain that commitment to the open model community.
TechCrunch
US technology media outlet covering startups and the tech industry, producer of podcasts including Equity.
Curated Intelligence
Nvidia co-founder and 33-year CEO Jensen Huang resigned immediately on Thursday morning as President, CEO, and board member, following reports of affairs with an alleged Chinese spy and a direct report. With no succession plan in place, CFO and EVP Colette Kress has stepped in as interim CEO and is expected to outline near-term plans at Tuesday's quarterly earnings call.
TechCrunch's Equity podcast highlights that many announced data center projects may never be built due to local opposition, permitting delays, and power constraints. Ascend Analytics executive Brent Nelson joins to distinguish realistic projects from speculative ones.
The AI data center boom is colliding with local opposition, permitting delays and power scarcity, and many announced projects may never be built, TechCrunch's Equity podcast notes. Guests also discuss why natural gas is an unreliable fallback in extreme weather and how battery storage paired with curtailable grid connections could serve as an alternative.