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Nvidia's longtime finance chief Colette Kress has become interim CEO after Jensen Huang left after 33 years leading the leading AI company. NPR National reported the change came amid a suspected intelligence scandal and reports of extramarital affairs, leaving the company with risky artificial intelligence bets and a legal mess. AI expert Gary Marcus told NPR that Nvidia has become a bank backstopping AI firms through circular financing, investing in companies such as OpenAI, Anthropic and CoreWeave that then buy its chips. NPR reported that Kress, unlike the engineer Huang, appears more cautious about big bets. Kress may also face federal and congressional investigations into Nvidia's China dealings, which Marcus said she must "clean up that mess," and lawmakers need answers on why Commerce Secretary Howard Lutnick did not act sooner.

Sources:NPR National

1 outlet · 1 article · first seen Nov 13, 12:53 PM ET

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