Nvidia loses its biggest champion for AI startups
Jensen Huang's resignation removed a major investor from the startup ecosystem, leaving 105 rounds unfunded. This change could significantly impact dealmaking, valuations, and competition in the AI sector.
- Field
- industry news
- What they did
- Jensen Huang, the head of Nvidia, has resigned, which has led to a sharp reduction in the flow of investments in startups, as the company was one of the main investors.
- Why it matters
- This could negatively affect deals, company valuations, and competition in the AI sector, as startups will have less funding.
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