Nvidia poured tens of billions into AI startups under Huang. Without him at the helm, founders and VCs are bracing for smaller checks and lower valuations.
Jensen Huang’s departure blasts big hole in AI startup funding, VCs and founders say
TE TechCrunch 
Key takeaways
Jensen Huang's departure from Nvidia has created uncertainty in AI startup funding, with investors fearing reduced capital and support.
- Nvidia invested heavily in startups, participating in 105 rounds this year.
- Huang's absence may impact dealmaking and valuations in the AI sector.
- Interim CEO Colette Kress is expected to adopt a more conservative investment approach.
Summarised automatically by AI from the original article by TechCrunch. AI can make mistakes, so check the original for details.
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Related reporting
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- Hacker News Jensen Huang resigns as Nvidia CEO immediately
- TechCrunch Jensen Huang’s departure blasts big hole in AI startup funding, VCs and founders say (this story)
