12/Personally, this is the part I find most interesting.
We spend so much time talking about encryption, decentralisation and protecting corporate information.
But sometimes, the biggest vulnerability isn't a computer system.
It's the person who has access to the system.
11/Nvidia's CFO, Colette Kress, was appointed interim CEO while the company began searching for a permanent replacement.
A man who co-founded Nvidia in 1993 and spent more than three decades building it into an AI powerhouse was suddenly no longer leading the company.
10/Nvidia's shares plunged
On November 12, the day Jensen Huang's resignation was announced the shares fell as much as 13% at the opening of trading before recovering some more than $320 billion had been wiped from Nvidia's value with losses exceeding $600 billion over the week
9/And just when the situation was already complicated, another report emerged.
The New York Times reported that Huang had also been involved in a separate relationship with Kimberly Powell, Nvidia's VP of healthcare, who reportedly worked under him
This was a second allegation
8/ He admitted that he had been unfaithful to his wife and apologised to his family and colleagues.
One line from his message stood out to me:
There is no excuse for what I did. I am deeply sorry.
He also accepted responsibility for the damage his actions had caused
7/ There were also allegations that advanced Nvidia chips were being diverted to Chinese companies despite US export restrictions.
These allegations are part of what made the relationship so sensitive.
On November 8, Jensen Huang finally addressed his employees..........
6/ This is no longer just about someone's private relationship.
Reports raised questions about Megaspeed's financial growth and its access to Nvidia's advanced chips.
Its reported assets increased from approximately $33 million in 2023 to almost $3 billion in 2024.
5/ $NVDA produces some of the most important chips powering the global AI industry.
Its technology is used by major AI developers, cloud providers and data-centre operators.
A person with access to its CEO could potentially gain access strategic plans and sensitive information.
4/ US intelligence officials reportedly suspected that she was working with Chinese intelligence and gathering information for Beijing.
The allegations became particularly sensitive because Megaspeed was also connected to Nvidia's chip supply chain.
3/ Their relationship reportedly goes back several years, with video footage showing them together at private dinners in Taiwan
Alice Huang wasn't just another person in the technology industry
She was connected to Megaspeed International, a company involved in AI infrastructure
2/ technology companies in the world.
And now, he's out.
Jensen Huang, the co founder and now former CEO of Nvidia.
And Alice Huang, also known as Huang Le, a Chinese businesswoman and former executive at Singapore based Megaspeed International..
I've been following the $NVDA story, the more I read about it, the more I realise how complicated the relationship between personal decisions, corporate leadership and national security can become.
A thread 🧵
We're talking about a man who helped one of the most valuable.......
Gm gm 🖤
What are we grinding on today?
Looks like motion is back !!!!!
I wanted to get my bluetick today only to discover that x plus is now ~10k while x premium is now ~25k
Btw what happened to x gifting
Gm gm CT
If you someone that love fast internet and you spend so much funds on data
I would advise you to get the mtn 5g ODU
I've been using for some weeks now and I'm really happy that I got it