Nvidia CEO Jensen Huang has resigned days after admitting an affair with a woman alleged to be a Chinese spy, the company said today.
Confirmation of his departure also came a day after reports of a second affair with an Nvidia executive.
In a regulatory filing, Nvidia said its board accepted Huang’s resignation yesterday.
Nvidia said: ‘Colette Kress, current Executive Vice President and Chief Financial Officer of NVIDIA, has agreed to serve as Interim Chief Executive Officer.’
Kress said: ‘NVIDIA’s strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years.’
Huang’s future was thrown into doubt after Huang admitted that he had an affair with a woman.
US officials concluded that Alice Huang, an executive at Megaspeed, a company buying Nvidia-made chips, was a spy for Beijing.
This was intensified yesterday after The New York Times reported that Huang also had an extramarital relationship with Nvidia’s vice president of health care.
Nvidia employees are barred from entering ‘personal relationships’ as they could ‘create conflict’, the AI giant’s code of conduct says.
Huang is one of the most powerful figures in the AI world, having co-founded Nvidia more than three decades ago.
The company now makes powerful AI chips that can perform complex tasks like facial and speech recognition and generate text for chatbots.
Seven in 10 chips are made by Nvidia, according to the research firm Omdia.
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