Huang called Nvidia's interim CEO "a deer in the headlights", WSJ reports
Former Nvidia CEO Jensen Huang called Colette Kress, the finance chief who has now replaced him as interim CEO, "a deer in the headlights" during a meeting earlier this summer, the Wall Street Journal reported, according to TechCrunch. The report cites an anonymous source.
Huang made the comment in a meeting with Nvidia's finance team about plans to give billions of dollars in guarantees to data centre operators that could not afford to buy its chips upfront. He also reportedly said Kress could not help him steer strategy or decisions.
According to the report, Kress had questioned Nvidia's credit-based deals and asked how to value such guarantees and judge their returns. Earlier this year she scaled back Nvidia's commitment to OpenAI's Ohio data centre project: Nvidia had been in talks to provide $250 billion in credit but committed $105 billion.
Huang resigned on Thursday after reports of extramarital affairs. Nvidia is searching for a permanent CEO.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Silicon Brief or Daily AI Brief.
Also, consider following us on social media:
More from Data Centers
Nov 13 Data centre transformer market forecast to reach $10.72B by 2031 Nov 13 Hitachi Energy signs first HMAX Energy contract in Brazil Nov 13 Google.org gives $2.5M for open-source AI tools for Europe's grids Nov 13 Samsung in talks to buy data centre cooling maker Modine Nov 13 Norway plans licensing for data centres as grid requests outstrip supplySilicon Brief
Weekly coverage of AI hardware developments including chips, GPUs, cloud platforms, and data center technology.
Market report
2025 Generative AI in Professional Services Report
Thomson Reuters
This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.
Read moreYou may also like
Nvidia Board Reportedly Preparing to Oust CEO Jensen Huang
Korean AI startups fear Huang exit could delay planned NVIDIA investments
Jensen Huang pulls out of ElevenLabs Summit and Anthropic CEO Forum after admitting an affair
Nvidia board opens independent investigation into Jensen Huang after reports he was targeted by Chinese intelligence
US intelligence memo claimed Megaspeed executive was recruited to spy on Nvidia CEO, reports say
Daily AI Brief: the AI news that matters, in your inbox.