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Nvidia’s interim chief was criticised by Huang over proposed data centre loans
Nvidia’s newly appointed interim chief executive, Colette Kress, was reportedly criticised by Jensen Huang during an August strategy meeting, months before he resigned as CEO. The meeting concerned whether Nvidia should help smaller cloud and data centre firms finance purchases of its chips, a proposal that could create long-term customers but raised concerns about circular financing.
According to a source cited in the article, Huang called Kress “a deer in the headlights” and a “reporting CFO”, arguing she could not help with strategic decisions. Kress, who joined Nvidia in 2013, defended the investment strategy at the time and has since praised Huang’s legacy in a staff memo. Huang’s resignation followed reports of several alleged affairs; Nvidia, founded in 1993, makes chips central to the artificial intelligence boom.
In short
- Colette Kress is Nvidia’s interim chief executive.
- Huang reportedly criticised her during a financing strategy meeting.
- The dispute concerned loans to potential Nvidia chip customers.
Read the full article at the source →
Originally published by Daily Mail as “Philandering ex-Nvidia CEO Jensen Huang ‘tore into his female replacement at meeting and branded her a “deer in headlights”‘ before being ousted for ‘three’ affairs”.