Nvidia’s longtime chief Jensen Huang resigned amid allegations tied to an intelligence scandal and personal misconduct, thrusting finance chief Colette Kress into the interim CEO role and raising questions about the company’s aggressive financing of the AI ecosystem. Industry analysts say Nvidia’s practice of investing in startups that then purchase its chips has underpinned the AI boom but poses systemic risk as many ventures struggle to turn profits. Kress, seen as more financially conservative than Huang, may curb the company’s “bank-like” backstopping of AI bets even as lawmakers eye investigations into Nvidia’s dealings in China. Any shift in strategy could ripple across leading AI developers and infrastructure players that rely on Nvidia’s capital and hardware.
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