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Financial Times · AI·Indexed by this site · Originally published

FT comment: Jensen Huang's fall is an indictment of tech giants' "founder mode"

Huang’s fall is an indictment of founder mode at Big Tech

AI summary

NVIDIA co-founder Jensen Huang falls, and the company's market value evaporates 1 trillion dollars in two weeks; FT calls it an indictment of Silicon Valley's "founder mode." He did not rely on super-voting rights, but rather on a compliant board that did not require a designated successor and did not even elect a chairman. The article argues that his arrangements to support neoclouds and open-source AI will face risks, that power may concentrate toward founders such as Zuckerberg and Musk, and that founder mode appears set to shape AI over the long term.

Read originalft.com