Abstract:
NVIDIA officially announced that Jensen Huang has resigned as president, CEO and director with immediate effect, which has attracted the attention of the technology circle and the investment community. NVIDIA's long-term partners Epic Games CEO Tim Sweeney, Hugging Face CEO Clement De Lange and others expressed regret on social platform
“This is a sad day for Nvidia, developers, the United States, and all of humanity,” Sweeney wrote. “The company founded and led by Jensen Huang is one of the few companies that has continued to drive major innovation and make technology widely available while growing to huge scale, while other companies have fallen into the trap of ever-increasing grabs.”
Epic Games founded by Sweeney is the developer of "Fortnite" and Unreal Engine, and is also a long-term technology partner of Nvidia. Unreal Engine integrates NVIDIA's ray tracing, DLSS and other technologies and is an important application platform for its game graphics technology.
De Lange, co-founder and CEO of Hugging Face, an open AI model and data set platform, also expressed disappointment: "The whole thing sucks. I really wish this hadn't happened. It's really sad today."
In September this year, Huang Renxun announced that Nvidia had agreed to acquire Hugging Face for approximately US$12.93 billion and promised that the platform would continue to be open to the entire AI ecosystem and would not force developers to use the Nvidia computing platform. The transaction is subject to regulatory approval and is expected to close in the first half of 2027. Previously, Nvidia was already a shareholder of Hugging Face.
De Lange emphasized in the post that the team will continue to promote open source artificial intelligence: "We will fight harder than ever for open source AI. This matter is too important to slow down now."
Binance founder Changpeng Zhao’s attitude is more direct. He wrote on X: “It’s a mistake for Nvidia to let Jensen resign.” The post did not further explain the basis for his judgment.
Lin Junyang, who was the technical director of Alibaba Tongyi Qianwen and later founded the AI company Pragmatik Labs, also used the English word "crazy" on X to express his shock.
The investment community began to discuss the valuation changes brought about by this change. Gary Black, co-founder and managing partner of The Future Fund, an American investment management institution, posted on X that he has been observing similar corporate disturbances for 30 years, and these events often follow similar trajectories. As uncertainty continues, share prices are under pressure until the final outcome is confirmed.
Black said that on the day Huang resigned, it was when portfolio managers finally faced reality and uncertainty reached its highest point. However, some investors speculated whether other risks would be subsequently disclosed as the investigation further unfolds after the separation between Huang Renxun and Nvidia.
Comments