Jensen Huang Is Out. Everything in AI Is Now Up for Grabs.

Jensen Huang is no longer the CEO of NVIDIA. After a week of reports and stories, a second affair revealed on top of the first, more and more details about the degree to which intervened on behalf of the Singaporean company that was reportedly giving China access to chips in violation of export control rules. All of this has added up to an untenable situation, and Jensen Huang is out. Today, we are going to look at what happened, who might have wanted it to happen, and what changes now because of it. The AI Daily Brief is a daily podcast and video about the most important news and discussions in AI. Alright, friends. Quick announcements before we dive in. First of all, thank you to today's sponsors, KPMG, Sea Data, Granola, and Blitzy. To get an ad free version of the show, go to patreon.com/aidailybrief. And if you wanna learn more about sponsoring the show, send us a note at sponsors@aidailybrief.ai. At this point, I am used to some crazy things. I lived through the crypto industry, including being directly in the blast radius of SPF and FTX. And one can argue that ever since the moment the ChatGPT launched, AI has been nothing but the unexpected, followed by the improbable, followed by the unbelievable. And yet, had you asked just about anyone in the world a month ago what was the most improbable, unbelievable thing that they could imagine about the structure of this industry, Jensen Huang being booted out as CEO of NVIDIA had to be near the top of the list. And yet, that is exactly what has now happened. This morning just before the markets closed, NVIDIA made its announcement as he would be leaving his board position as well. Now alongside the announcement, the NVIDIA board announced its first ever chairman in Harvey C. Jones, who had previously served as CEO and Executive Chairman of Synopsys, and the elevation of Colette Kress, currently NVIDIA's Chief Financial Officer, to additionally take on the role of interim CEO once the board had found a suitable replacement. The Thursday morning announcement followed some big developments from Wednesday. Most importantly, The New York Times reported that Jensen's affair with a supposed Chinese spy wasn't his only indiscretion. Five sources claimed that Jensen also had an extramarital affair with an Nvidia executive that reports to him directly. The woman in question is Kimberly Powell, Nvidia's VP of Healthcare, who is also married. The Times reports that a bystander recorded Jensen and Powell being affectionate at a hotel during the GTC conference in March, and according to three sources, Jensen Security basically pinned down that bystander and tried to pressure them to sign an NDA. For those trying to keep track of all of this, this second affair has none of the geopolitical intrigue of the first, but of course establishes or reinforces a pattern of poor judgment coming from Huang. To many observing this from the outside, if the …