Jensen Huang’s abrupt resignation after 33 years leading Nvidia leaves the artificial intelligence chip leader without its principal architect. The company, which has become a central bank financing the AI boom, may see its support for young cloud computing providers weaken, while its shares fell 6.3% on Thursday. Anthropic’s planned November 18 IPO, which seeks to raise up to $60 billion, will test the sector’s ability to finance infrastructure and generate profits. Huang’s departure could also intensify regulatory and political pressure on data centers, open-source models, export controls and advanced semiconductors.
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