Nvidia CEO Jensen Huang Resigns Amid Pending Hugging Face Deal
Jensen Huang has resigned as Nvidia's president, CEO and director effective immediately, with CFO Colette Kress stepping in as interim CEO. Hugging Face CEO Clement Delangue publicly lamented the departure and vowed to defend open-source AI more firmly. The move lands amid Nvidia's roughly $12.9 billion acquisition of Hugging Face, which the DOJ has already scrutinized over competition concerns, leaving the AI compute and open-source landscape facing major uncertainty.
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IT之家 November 13 news: Jensen Huang yesterday (November 12) resigned from his positions as President, Chief Executive Officer, and Director of NVIDIA, effective immediately. Hugging Face CEO Clement Delangue promptly posted on LinkedIn, calling it "an incredibly sad day," and stated that he will continue to push for open-source artificial intelligence with even greater determination.
IT之家 reported yesterday that co-founder Jensen Huang has resigned from his roles as President, Chief Executive Officer, and Director of NVIDIA, effective immediately; Chief Financial Officer Colette Kress will serve as interim Chief Executive Officer, and the company has simultaneously initiated the process to select a new CEO.
After the news was announced, Delangue expressed his regret in a LinkedIn post. He wrote: "The whole thing is awful, I really wish none of this had ever happened. This is truly an incredibly sad day!" Delangue also emphasized that Hugging Face will work "harder than ever" to defend open-source artificial intelligence, and said the matter is important enough that "we cannot slow down now."
Jensen Huang co-founded NVIDIA in 1993 and served as CEO for a long time, leading the company from a graphics chip supplier to a core global AI computing power enterprise. This sudden departure comes as NVIDIA's proposed acquisition of Hugging Face for approximately $12.9 billion is progressing. The transaction is expected to be completed in the first half of 2027, and the U.S. Department of Justice has previously made inquiries regarding its impact on competition in the AI market.