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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.
#nvidia#ai startup#venture capital#jensen huang#funding

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