US Department of Justice

Jensen Huang has resigned as Nvidia's president, CEO and director effective immediately, with CFO Colette Kress stepping in as interim CEO. Hugging Face CEO Clement Delangue publicly lamented the departure and vowed to defend open-source AI more firmly. The move lands amid Nvidia's roughly $12.9 billion acquisition of Hugging Face, which the DOJ has already scrutinized over competition concerns, leaving the AI compute and open-source landscape facing major uncertainty.

The US Department of Justice is advancing multiple investigations, one of which directly targets Nvidia on antitrust grounds, while two others involve Megaspeed and Supermicro. There is no indication the DOJ plans criminal charges against Nvidia or Jensen Huang, and neither Nvidia nor the DOJ has commented. The probe unfolds amid fallout from Huang's resignation as CEO, with CFO Colette Kress serving as interim chief executive.

The US Department of Justice has charged five individuals in its first broad federal crackdown on "ghost student" fraud, a scheme that used AI to impersonate hundreds of Americans as fake college students and steal millions in student loans. Authorities seized more than $750,000 in cryptocurrency tied to a network linked to Kenyan nationals.