Nvidia's New CEO Colette Kress Seems Tougher on OpenAI Than Huang Was
24/7 Wall St. reports that Nvidia named CFO Colette Kress interim CEO after Jensen Huang's resignation, and that anonymous sources and The Information describe her as having opposed Huang's largest OpenAI financing commitments, including a $250 billion credit backstop. The stock fell to a 52-week low of $148.80 on the news, and 24/7 Wall St. recommends listening to her November 17 earnings call for updated backstop totals and any OpenAI comment.
