TechCrunch AIT2·Industry
78 pts
Nvidia co-founder and CEO Jensen Huang has stepped down after 33 years, with CFO Colette Kress named interim CEO. As one of the most prolific AI investors—participating in 105 rounds this year alone, often as lead—Nvidia's potential shift in investment direction threatens a capital gap for AI-native startups, with VCs warning of impacts on dealmaking, valuations, and competition.