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Jensen Huang’s departure blasts big hole in AI startup funding, VCs and founders say

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.

By TechCrunch

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·Excerpt
Jensen Huang’s departure blasts big hole in AI startup funding, VCs and founders say
Image: Image Credits:Heather Diehl / Getty Images

It was the resignation heard across the world. Jensen Huang, Nvidia’s embattled CEO who co-founded and led the company for 33 years, had officially stepped down. “It’s like a bomb went off,” one neocloud founder told TechCrunch when he first heard the news.

Over the last several years, Nvidia has been a prolific investor…

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