Jensen is reportedly about to get fired
Things may get really really crazy really fast
TL;DR
- Nvidia CEO Jensen Huang is reportedly facing termination.
- The potential firing stems from poor judgment, liability concerns, and reputational damage.
- Huang's departure could destabilize AI financing structures.
- Nvidia's planned investment in Anthropic may be jeopardized.
Jensen has been a busy fellow.
But more than this further evidence of poor judgement,The Wall Street Journalreports that Nvidia is about to fire him.
If Jensen is indeed on his way out—and Nvidia may really not have much choice to let him go given the potential liability and reputational damage, to say nothing of the scrutiny from investigations if they don’t act—all hell may break loose.
The stock is already down in after hours, but that’s just the start.
The bigger issue for the AI world at large is that Jensen is the ringmaster of all the insane circular financing. And all that might collapse.
One immediate big question, if he does in fact go, would be whether an Nvidia with an acting CEO (perhaps the CFO?) still goes through with the billions they promised Anthropic in the IPO.
Things could get real wild real fast if they put a hold on that.