
What happened
The Wall Street Journal reports that Jensen Huang was pushed out of Nvidia more over risky business practices than personal affairs. Nvidia offered AI cloud providers and data center developers billions of dollars in guarantees to help them buy its chips, expecting a share of their revenue; the largest deal involved a proposed $250 billion guarantee for an Ohio data center with OpenAI. Interim CEO Colette Kress cut Nvidia’s commitment in half, and the scaled-back deal was signed in August.
