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Jensen Huang resigns as Nvidia CEO, raising open-model questions

Original title: Jensen Huang’s exit puts Nvidia’s support for open source in question

TechCrunch · AIby Rebecca Bellan ()3 min read
Part of a story covered by 21 sourcesNvidia accepts Huang’s resignation as Democrats probe China chip salesMerged summary & timeline
AI summary · x-ai/grok-4.7Summaries by Vani AI

CFO Colette Kress is interim CEO while a reported $13 billion Hugging Face deal remains unfinished.

TechCrunch reported that Nvidia CEO Jensen Huang resigned Thursday after admitting an affair with Alice Huang, a Megaspeed executive described as an alleged Chinese spy. Huang had backed open-weight models, including Nvidia’s Nemotron family, investments in Reflection AI and Thinking Machines Lab, a $6 billion Poolside license, and a letter against tighter US limits on open-weight models. Nvidia has not finalized a reported $13 billion deal for Hugging Face, and TechCrunch said it had asked Nvidia for comment.

Unconfirmed: The spy allegation is reported as alleged, Nvidia has not commented, and the Hugging Face acquisition is not finalized.

Key facts
  • Colette Kress, Nvidia’s CFO, was named interim CEO.
  • Hugging Face CEO Clem Delangue said the company would keep fighting for open source.
  • Nvidia agreed to pay $6 billion for a non-exclusive Poolside technology license.
  • Huang’s open letter was signed by 25 companies, including Microsoft, Meta, IBM and Palantir.
  • The article says Google and OpenAI are among customers building their own chips.
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From the original article

3 min read at techcrunch.com

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.

TechCrunch · AI

By Rebecca Bellan · techcrunch.com

Read the full article at TechCrunch · AI

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.