Is bad news for Jensen Huang also bad news for the AI industry?
"Jensen is Nvidia, right? And so much of this economy is riding on Nvidia."
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Nov 15
An overview of Jensen Huang’s messy days
This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more on Jensen Huang's resignation and the fallout from Nvidia's leadership crisis, follow Terrence O'Brien. The Stepback arrives in our subscribers' inboxes on Sunday at 8AM ET. Opt in for The Stepback here.
Elon Musk, other tech execs sign petition calling on Nvidia to reinstate Jensen Huang
The petition had attracted more than 115,000 signatures as of Saturday afternoon.
Anthropic CEO Amodei admits "there's a huge uncertainty in what's going to happen next year" days before a record IPO
Days before what could be the largest IPO in history, Anthropic CEO Dario Amodei called buying compute 'the deepest business dilemma' his company faces. Anthropic's commitments now total nearly $901 billion, and it's still far from clear whether future revenue will justify those costs. The planned IPO is largely meant to serve as a financial buffer against that uncertainty.
Asian governments react to Nvidia CEO Jensen Huang’s exit
Some governments moved to confirm chip supply commitments, while others are monitoring the impact on local projects or addressing ongoing investigations.
Nov 14
Jensen Huang and the decline of the visionary showman founder CEO
On January 6th, 2025, Nvidia CEO Jensen Huang got his rockstar moment at last.
Jensen Huang’s departure blasts big hole in AI startup funding, VCs and founders say
Nvidia poured tens of billions into AI startups under Huang. Without him at the helm, founders and VCs are bracing for smaller checks and lower valuations.
Export-banned Nvidia chips are behind China’s most powerful AI models — uh-oh, Jensen!
New research shows the most advanced AI models from China were trained on banned Nvidia chips.
Anthropic's IPO is six times oversubscribed and on track to become the largest public offering in history
Anthropic is on track for the largest IPO ever, with orders exceeding available shares by a factor of six.
The unfolding Jensen Huang scandal: a timeline
Jensen Huang has resigned from Nvidia following an affair, which could have ramifications for national security as the U.S. and China race to develop the most advanced AI infrastructure.
Nov 13
[AINews] Jensen Huang resigns after 33 years leading NVIDIA
Colette Kress takes over as interim CEO. What happens to open source/American AI leadership?
Jensen Huang is out. What did China want from him?
Today, we’re talking about the Jensen Huang scandal at Nvidia, which is developing so quickly that we had to do an emergency update of this intro minutes before publishing this episode.
The Jensen Huang scandal is hardly over
I was certain, until the story of Jensen Huang's second affair hit, that Huang was bulletproof. After all, why wouldn't he be? He's placed himself indispensably at the center of the AI industry and famously had no succession plan at Nvidia. In fact, he's the only CEO Nvidia has ever had. L'état c'est moi.
Jensen Huang’s exit puts Nvidia’s support for open source in question
Jensen Huang’s resignation raises questions about Nvidia’s commitment to open source AI, including its Hugging Face acquisition, open-weight models, and advocacy against restrictions, as the company navigates a leadership transition.
Read Nvidia’s internal emails about the ‘extraordinarily difficult period’ amid CEO shakeup
Jensen Huang resigned as CEO of Nvidia this morning, a company he co-founded in 1993. The decision came following the company's board opening an investigation into multiple extramarital affairs Huang had with a direct report and an alleged Chinese spy.
Jensen Huang is out at Nvidia — who is Colette Kress, his interim replacement?
Nvidia CFO Colette Kress is taking over as an interim replacement for longtime CEO Jensen Huang, who is embroiled in scandal.
Nov 12
Jensen Huang resigns as Nvidia CEO after espionage scandal wipes out $1.4 trillion in market value
Jensen Huang resigned as CEO, president, and board member of Nvidia effective immediately, according to a statement on November 12, 2026.
Nvidia CEO Jensen Huang resigns amid spy, affair scandals
Nvidia's board announced that Jensen Huang - its longtime co-founder, president, and CEO - has resigned after reports of two extramarital affairs, one with an alleged Chinese spy and one with an Nvidia executive who reported to Huang.
The unfolding Jensen Huang scandal: a timeline
Jensen Huang has resigned from Nvidia following an affair, which could have ramifications for national security as the U.S. and China race to develop the most advanced AI infrastructure.
Nvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang
As soon as Wednesday evening, Nvidia's board could decide to remove its founder and CEO of 33 years.