Completely tangential but I always find it interesting how different expressions become attached to specific contexts in people's heads.
"This old house as got good bones" is the realtor 'slaps roof of car' meme that seems to have caught on during the 2010s and peaked during COVID. Now I hear people mindlessly propagating it whenever they talk about renovating/buying an old home.
I'm sure that we'll be hearing this ants in the kitchen of the house with good bones thing forever now.
Possibly Nathan Calvin on Twitter in August: If you find two ants in your kitchen, the best estimate of the total number of ants in your kitchen is not two
It's much much older. As a kid growing up in NY in the 90s, I heard many times the version of this saying, "one cockroach on the floor means one hundred behind the wall."
Fable 5.2 couldn't access the full DMN text (nor can I), but suggests the article is about "local TV journalists reacting to a report on minority hiring" and "Sanders" is probably a reporter named Bob Ray Sanders, a reporter in the region (who was later inducted to the National Association of Black Journalists' Hall of Fame). What he actually said is sadly paywalled in the archives.
Yep. Maybe the other parties thought they had a special thing with him and now realize they're just another body? That makes people vindictive and willing to talk.
His security detail is also no longer worried about retribution and are likely complying with an internal investigation.
It's very likely his affairs were simply open secrets within the C suite.
Not even. Credibility is one thing. If people wanted to out him but were afraid, the time to be believed is now. The other is just that everyone is looking now and with all this attention more things come out.
I guess OpenAI and Anthropic IPOs are failing expectations plus open weights models which Nvidia supports and Jensen been super vocal about them and confronting anodes and Altman about dangers of IA have something to do with what we are seeing
Yes, one investigation begets others. Also, high profile witnesses come forward voluntarily once the screen is lifted on any unrelated investigation, but not typically before.
Here it seems the dude was just lobbling molotov cocktails at his own house until people started to notice. The conspiracy, if there is one, is what other folks who knew beforehand got out of him before it was made public, not why everyone is now pointing out shit is on fire for him.
This happens all the time with news stories and doesn't require conspiracy theories. Once an initial story breaks, other journalists investigate (if they weren't already). No doubt Nvidia started investigating internally and employees will have leaked the findings.
There isn't really even any point in this third story from the point of view of any "coordinated attack". He's already resigned.
Are you serious? He had multiple affairs is what's going on. Including one with a spy. And people who wouldn't be believed before are now coming forward.
There's probably some mildly interesting risk-balancing that happened behind the scenes because the intel community apparently knew mid-2026 and only spilled the beans now, but this is entirely of Jensen's own doing. He confessed.
He clearly is a top performer, though, managing four-plus relationships is a big job.
Correlation isn’t causation always. Once there’s a scandal, more people start digging, and the more they dig, the more they find. The news cycle continues rewarding more information, so you keep getting more.
It’s a common tactic to make sure the scandal stays on the front page and it’s untenable to try to stay on. Politicians do this all the time. Scandals happen constantly, it they’re saved for when they are most useful. Jensen is in politics, whether he realises it or not.
China may be behind it as an attempt to sabotage America’s economy. But I actually think more likely the Americans as Nvidia haven’t complied sufficiently.
I really feel for Jensen. He’s dedicated his life to Nvidia and really is heavily responsible for its success. It must be devastating to have to step away from it.
You understand that the AI labs in the US have taken a lot of money from thousands of investors. They don't benefit whatsoever in losing their investment to powerful open weight AI models that undermine closed weight ones especially chinese AI models that are rapidly catching up to them.
Nvidia was investing the open weight model ecosystem after realizing that the AI labs were moving off of their GPUs and using in-house chips. Jensen made sure that some Chinese AI labs were getting Nvidia GPUs in order to slow them down in relying or building their domestic ones.
Why would someone who invested a lot of money into any of the >1TN+ AI labs accept the risk of a chinese AI lab undermining them in their future IPO plans?
As I’m sure you know it can be both true that Jensen was getting side pieces like it was going out of style, and also be true that this is a coordinated hit. Note that the media for instance isn’t racing to investigate the strange sex lives of Anthropic senior leadership.
> Note that the media for instance isn’t racing to investigate the strange sex lives of Anthropic senior leadership.
Thus far, there's no evidence Anthropic was knowingly violating sanctions on China, nor did they donate $25M to the Trump ballroom project while doing so.
Yes, it's the illegal stuff (bribes and sanction busting), not the legal stuff (consensual, of-age sex), that's getting him booted. I am very prepared to admit that.
(Plus presumably lying to the board about all this as it started to break.)
From what I had read the sanctions-busting type stuff was really "lobbying the administration to not do anything about it from a regulatory perspective" which is different from just ignoring the law like the talking points claim.
I'm fine with the idea of not selling chips to China, but this is being used as the catalyst to embed government-controlled kill switches in all advanced chips under the guise preventing chip smuggling to China. Read up on the Chip Security Act sometime. Most on HN would find such a policy on its face abhorent, but those like you will cheer it on now because of the partisan affiliation of specific actors in this story.
> As recently as the summer of last year, Singapore was officially one of Nvidia’s biggest markets, generating 22% of the chip maker’s revenue. Then, practically overnight, it disappeared from the company’s financial disclosures.
> The timeline indicates that Nvidia altered its methodology for reporting the geographic breakdown of its revenue shortly after placing Megaspeed International on an internal block list. It isn’t clear if the two are related, but the shift had the effect of removing visibility into Nvidia’s sales tied to Singapore. That is the home to Megaspeed, the cloud-computing company embroiled in a sex-and-espionage scandal that has engulfed Nvidia and its chief executive.
I'm not sure what the point here is? Parts of the government wanted to blacklist Megaspeed, Nvidia apparently first intervened with Lutnick to block this, and then decided to block them internally instead for some reason. The change in revenue disclosure was almost certainly to avoid further complaints about export controls but they never actually violated a control that actually went into place? Worst case for them legally is that they broke their own internal block on selling chips to Megaspeed.
Do you think NVIDIA really thought 20%+ of their market share going to Singapore wasn't something odd going on? Where are you going to put that many datacenters there?
Of course they did! But Megaspeed was never actually sanctioned by the government so I don’t know where the meme of criminal consequences is coming from, aside from partisanship.
> But Megaspeed was never actually sanctioned by the government…
This is irrelevant. There's a blanket ban on physically providing these chips to China; if they knew Megaspeed was diverting chips, it doesn't matter if they were on a list or not, just as you can't trade with North Korea via a new front company. https://www.nytimes.com/2024/08/04/technology/china-ai-micro...
There's a good chance a future Democratic administration sees the $25M ballroom donations as plain old bribery, too.
It can also be true that this is the exact pattern you see with powerful men.
Because, the powerful men can hide things for a long time, right up until they are no longer powerful.
That's like the entire point of #MeToo. Women are very upset with how much known misbehavior was going on that was kept hush because the men involved were in positions of power, and people preferred keeping that power structure stable over literally putting people doing sex crimes to justice.
What you are seeing is that when women feel like they will be listened to when they come out with a story like this, they will.
That, and there's also the simple effect of "A rich person is suddenly getting dragged through the media, perfect time to share your own gossip if you have some"
You can't blame this on a conspiracy when such simple incentives will cause the same phenomenon, and we have ample examples of exactly that happening.
So why isn’t that incentive leading to reporters talking about the unusual sex lives of powerful men at Anthropic? It isn’t so much a conspiracy as it is the the Rubio hawk faction eliminating one of their more potent foes.
> This is the worst case of a classic blackmail operation against Jensen and it is highly co-ordinated with major news outlets like the NYT, WSJ, The Economist and FT.
Jensen was already being blackmailed by the Trump administration for the past year, which Trump all but admits openly here:
@24:20 if the link doesn't maintain the timestamp on your platform.
He doesn't name Jensen, but in hindsight with everything that has come out (including information on the timing of the Rubio memo) he is obviously talking about him and threatening him with jail to become a yes-man, and Jensen complied.
So IMO the real question isn't who was blackmailing Jensen (we know that), the question is: when he was already complying with blackmail for a year, who decided to burn him as an asset? Did it come from the people who were blackmailing him, or an external source? And who gains/loses by the loss of leverage they already had on him?
A serial adulterer is revealed to have adulterated serially, and SV types are spilling oodles of ink attempting to justify loose morals and bad decision-making so long as it brought increased shareholder value.
I am reminded of the tv series "the shield". When it ends, our guy is asked "what all do you have to declare". I am paraphrasing.
Pretty sure the board asked the same question. Having finally been called to do their work, they can't just close the books without asking "what else do you have to declare" to both Jensen and at least all the direct reportees. And if there was a declaration, you can always find someone to leak it to the media.
Not saying that happened, just saying that it is likely such direct questions were asked and answered last few days.
Are Patrick and John Collison terrible people? My impression is quite the opposite; they're smart, hard working, and care deeply about making the world a better place.
There's a Canadian billionaire who is famously always donating to hospitals and suchlike. He's had tens of thousands of employees for decades and I've never heard anyone say anything bad about him.
I know another billionaire in Vancouver who isn't known for donations. Actually most people don't know he's a billionaire. He is generous though; he just insists on being anonymous when he gives large amounts.
I suspect the issue is less "billionaires are horrible people" and more "the highest profile individuals from any group tend to be the narcissists".
It's weird, right? You see the same thing in police investigations. Oh, they know some things early, then, later, release more information? We're not that dumb.
When a real scandal happens, everything we know or will ever know gets dropped all at once. Anything else and you know someone is pulling the strings. The question is who? My money is on the arrow of time.
A shell game. This is the distraction portion. Then comes the switch, the reveal and the swipe. Watch the market indicators. Nobody buying and selling shares in a trillion-dollar company cares one iota about extramarital affairs. Something else is happening.
They might not care about affairs, but they are probably interested in the possibility that Nvidia circumvented US export controls, is being covertly influenced by China, and so on
First person who gets it. It’s 2026, there is no moral panic here. Shareholders don’t care. It’s all completely fake and orchestrated as cover for some other purpose (To offload shares or otherwise).
I always got the impression that it was somewhat of an open secret that most billionaires had soft harems of sorts, usually tacitly understood but never publicly addressed, and that the apparent outrage at affairs/scandals at this level is a sort of charade of allegiance to social norms to enforce the facade that standards of propriety apply even at the highest levels.
In my humble opinion the issue shouldn't be their perceived promiscuity, but their bad judgement in sleeping with a person from a client company (that might be affiliated with a country you can't export your products too), and colleagues that are not your peers.
For me, this is a lapse of judgement for the CEO and one of the founders of one of the biggest corporation's globally.
You’ve misread the room. Absolutely no one cares about the infidelity. One of the affairs has been public knowledge for months.
The outrage is about new reporting that one affair was with a potential Chinese asset, and the other affairs are more entertainment and/or evidence of bad leadership than anything else.
> JH is under suspicion of smuggling sanctioned military-related equipment to his country’s prime foreign adversary.
by "his country" you mean Taiwan/China or US? not sure ethnic Chinese born in Taiwan (China) holding Taiwanese/Chinese citizenship, see foreign adversaries as clearly as you see it
I think it's little bit more complicated for people with Chinese ethnicity (no matter whether from China or Taiwan) than you paint it, seems he had zero problems to have affair with mainland Chinese woman rather than Taiwanese (and he certainly knew she is not Singaporean unless he is very stupid), world ain't black and white as some US politicians trying to make it.
Americans will also balk at sexual relations with a professional underling where it’s difficult to establish whether truly unconditional consent was given.
There is an obvious pattern for these high level executive roles. They are all workaholics, they are not particularly loyal, they all have loose moral compasses, they don't have any clear line between work and their personal life, and they treat relationships like business arrangements.
This feels so common that I would not even be quick to assume this is some sort of unknown betrayal to his family. One of the revelations about the Gates' lives was that Bill's promiscuity was apparently baked into their marriage agreement. At this level, your marriage might just be like a fixed mailing address for someone who has multiple homes.
Not to excuse this in any way. But these are the personalities of medieval lords and kings.
Jensen and Lori met in early 1980s or so when they were 17 and 19 years old respectively. Moreover they got married in 1985, 13 years before Nvidia was even founded. Quite different from Bill and Melinda hooking up after Microsoft don't you think ? Not to mention his apology.
He would spend a week with a special friend every year (they'd hike together?), and this was in his marriage contract. That woman is now a VC. You can easily find out more if you google this.
Lots of wives would be okay with this! It isn’t a betrayal of trust, it’s not an open-ended arrangement with unknown scope and terrors, it’s plainly declared up front, it’s so infrequent that it has little to no risk of displacing the primary marriage relationship, it minimizes jealousy, it isn’t a side fling that could be stumbled across by accident in the everyday by the wife, it’s a controlled outlet for long-term desires, it’s not likely to cause financial distraction, dependency, or drain. And that’s just ninety seconds worth of solid good reasons :)
I think "lots" is vastly overstating it. Yes, there are women who would be ok with that, but in my experience they are greatly in the minority. Most women (and men to be fair) do not like if they don't have an exclusive claim on their spouse, even if it's being done in the open.
There is something in it for the wife. The world is a bit more "House of Cards" than some people assume. Aside from the French and a few others, western cultures seem almost uniquely dishonest about the tacit assumption that successful men will have mistresses. This isn't a new thing. Warren Buffett was essentially married to two women most of his life and no one cared.
Many wives highly value the accrued status of being formally married to a high-status person. You can take half the money but the social status doesn't follow. No one cares about a billionaire divorcee with no status beyond a bank account.
> I would not even be quick to assume this is some sort of unknown betrayal to his family
But (unless "unknown" is doing a lot of work in your sentence) Huang literally said this in his letter to NVidia employees: "I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry."
Otherwise, I agree with a lot of what you said. In the 2000-2015 timeframe, I really idolized a lot of these successful tech leaders - they seemed incredibly smart, hard-working, and talented (though also of course lucky). But over time I came to the realization that many of them just fundamentally think very differently than I do, and I view that other way of thinking with disgust. The main issue is it seems like nearly all of their relationships are transactional, and they have a lack of empathy and willingness to be ruthless that is simply anathema to me.
Tbh i do not understand the drama … not the first ceo to had affairs and shady deals, It feels more like the powers at be want to cut down Nvidia support to open models via removing the guy at the top due his liability with hot Asian girls but come on. Palantir had worst ceo for instance and nobody raises an eyebrow to name one
Who the NVDA board wants answering questions in some inevitable hearings when the other side of all the money behind AI is trying to push for controls on Chinese models.
Exactly. If on the other hand he would have been visiting an island to have 'affairs' with under age girls or boys, then there would be no consequences. The US law must be respected.
We can't know if they had a talked open relationship. It's pretty common to hear about this kind of arrangements on high-level C-suite or government positions.
I think people would be shocked to find out just how common "don't ask, don't tell" is among couples, especially among the rich, famous, and powerful. Everyone ganged up on Jada Smith until Will admitted he too sought outside "entanglements." Most couples who do this just hide it well enough, and it's only a problem when one of them is caught.
Not all, very likely not even most, of course, do this, and it's not always truly mutual or healthy, but surprise surprise, not every couple wants strict monogamy. They just don't want society to judge them for it.
And this is why I have a lot of sympathy for Lori Huang, regardless - she may have been ok with some degree of non-monogamy, but I bet she didn't want it on the front page of the New York Times.
There's this little part of me wondering if this was all known about for a long time, and the sudden release of information about all three women is coordinated for some nefarious business reason.
The affairs were probably open secrets to those high up for a while. Once Jensen's reputation passes a perceived point of no return, it makes sense for the other higher ups to leak everything they know to the media to shorten the duration of the scandal. The worst has happened, their action will not change, so no need to drag it out.
Jensen had the choice of coming clean like this, where half of Silicon Valley is rallying to his defence and he remains a multi-billionaire (and maybe saves his marriage), or having this exposed by the new Congress, at which point all manner of punitive countermeasures against Nvidia are on the table.
Currently, Energy & Commerce and Oversight & Investigations are asleep. Come January, they won't be.
Huang, like a lot of Silicon Valley, thought their guy would stay in power and protect them.
better question would be why is it coming out before trump's visit to China next week, let's not forget the first story was about Chinese spy, it's a bit of strange coincidence
there is possibility someone overplayed their cards and didn't think of possible consequences, OTOH maybe they wanted to kill two birds with one stone
With this kind of status and notoriety, so many eyes are on you, it's hard to keep this a secret from everyone, especially when it's happening in the workplace.
Powerful men cheating is often normalized in their immediate environment. Jensen was seen with both women many times. It's the Chinese spy and export ban skirt angle that made it untenable.
Cf. the open secret nature around the entire Epstein cabal.
> and the sudden release of information about all three women is coordinated for some nefarious business reason.
This framing is plain silly because it ignores the sequence of events. NVidia conducted an investigation after Huang admitted to having an affair with someone the US Government believed to be a Chinese spy, and in any case NVidia sold billions worth of embargoed chips to that company (and now it seems we have some proof per another HN front page story that the latest leading Chinese open source models were trained on embargoed NVidia chips). So then the other 2 instances of infidelity came out in the course of the investigation - of course as they definitely should, otherwise it would be a really shitty investigation! And sure, it was known by at least some number of other NVidia employees that Huang had relationships with subordinates (at least according to reporting). But that doesn't change the fact that Huang's relationship with Alice Huang was not known (and in fact denied by Jensen Huang) before this all went down.
It's not like Huang's 3 paramours got together before the investigation started in some sort of nefarious plot.
trump is visiting China next week and the first story was about mistress being Chinese spy, so it makes you wonder whether this benefits China, Trump or US interests (don't confuse the latter two, they are two completely different things), I don't think China would leak "Chinese spy" story unless they are playing some serious 4D chess, which leaves you with two main options
This might be the most blatantly prejudicial comment I’ve ever seen posted on this website in the many years I’ve been visiting here. Prejudicial, and easily disproven… as all prejudice is.
When you see two ants in the kitchen there's likely many more.
Huang has been a great boss and steward of Nvidia, but ultimately falling for subordinates is grave enough, adding alleged Chinese spies, and allegations you sold Tencent billions of hardware through shady Singaporean companies for which the alleged spy worked etc and the board had no other options.
At this point it would be surprising if what we know is likely a small part and the Nvidia board saw enough very quickly to ask for his head.
There's no need to look. Jensen Huang might have been great for his shareholders, but he sure has been screwing the rest of us over hard.
He was responsible for hanging consumers out to dry by destroying the consumer PC market in chase of more profit. He is gambling with the world economy. He appears on interviews being a dick about all of this.
So I'd say this is very much in character for him.
He and NVIDIA should never have been in a position where they can single-handedly dictate where the world's GPU supplies go to. They should never have been able to form a circle jerk economy with a handful of hyperscalers and AI labs. They should never have been a chokepoint for the entire personal computing industry, which is being wiped out right now due to the artificial shortage of critical components.
The lack of regulation and/or enforcement has brought about this completely textbook case of market failure with damaging consequences for the broader industry and society as a whole. It was the responsibility of governments to prevent this exact situation.
But here we are. Jensen Huang and NVIDIA brought themselves to a situation where they are responsible. They should be held accountable for the negative externalities they cause.
I understand this is true in a strictly legal and financial sense. I hope you are simply pointing out a factual statement and not bootlicking for companies with business practices that make your own life worse?
>I understand this is true in a strictly legal and financial sense.
"Legal and financial sense" is how you run a business. Getting salty because a company decided to switch to a more profitable customer, while understandable, is also totally unreasonable. It's like getting mad at a band for selling $1000 concert tickets after they made it big. Doubly so when the product segment being affected is essentially a luxury product to begin with.
You're not really arguing anything here except that greed is expected, which is fair but not logical in the sense that, there is nothing about a business that says it has to operate this way, and no law that says being a fair and good entity in our community is necessarily going to bankrupt them. It's a choice leadership makes, for obvious and boring reasons, to fuck over the general community.
Big music artists could totally sell cheaper tickets and still make enormous piles of cash.
Nvidia could have continued supporting the consumer market alongside their AI ambitions.
The sad part is that we simply don't expect it anymore, because we no longer see businesses as part of our communities. Just as profit engines, with no other goal.
Companies don't exist in a vacuum, they are entities in our community, and we should expect them to behave in a way that is beneficial and fair, and sometimes that might be at the expense of unrealised profits. Not bankruptcy obviously, but there's a wide gamut of extreme prosperity between bankrupt and trillion dollar market cap.
>Big music artists could totally sell cheaper tickets and still make enormous piles of cash.
>Nvidia could have continued supporting the consumer market alongside their AI ambitions.
No, in both cases they'll just get scalped. If you're selling something for $1 that the market is willing to pay $10 for, the market will find a way to equalize this.
>Companies don't exist in a vacuum, they are entities in our community, and we should expect them to behave in a way that is beneficial and fair, and sometimes that might be at the expense of unrealised profits. Not bankruptcy obviously, but there's a wide gamut of extreme prosperity between bankrupt and trillion dollar market cap.
Give me a break. This might work if it's walmart replacing a dozen local shops with a giant big box store on the edge of town, but GPUs are already a niche luxury product. If there's one sector where it's justified for companies to make outsized profits on, it's this. Otherwise it's as out of touch as getting mad at Hermes for selling $10k hand bags.
Yes so thinking purely in corporate thoughts, the supply is the issue on concerts and GPUs. For supply constrained items like concert space, or theme parks, other countries where profit isn't the dominant motive will sell tickets via lotteries or first in, first serve, ID linked and no reselling.
For the GPU situation, consumer GPU supply is constrained because demand isn't being met. It's not being met (in my understanding) because NVidia has a monopoly on the software ecosystem around the workloads that are diverting consumer GPU supply to businesses, first crypto, recently AI. The solution would have been to create and supply two different verticals independently, and to open the ecosystem up for other manufacturers to help meet B2B supply. There is precedent for this going in different directions, but it was a choice nVidia made to squeeze the market for every penny. Extremely good business. Shareholders are stoked, a fantastic win for the stock market.
I can't worry about all things but since you bring hermes bags up, yes that is also a pretty clear sign of a perverse economy. Selling an at-cost $10 bag for $10,000 is pretty disappointing behaviour by the seller and the buyer. The seller does it because they can, and the buyer does it because they don't mind getting fleeced. The key difference there is you can still get full utility from a bag for $15, but you have to participate in this new GPU market to get a GPU.
This is the world we live in, I get that, but it's no less disappointing to see the majority of people get ditched for the sake of the shareholders time and time again. If you feel that this isn't what's happening then I would be interested in that, otherwise we might just disagree on some base principles which is fine but probably not worth debating.
>For supply constrained items like concert space, or theme parks, other countries where profit isn't the dominant motive will sell tickets via lotteries or first in, first serve, ID linked and no reselling.
How are you going to enforce this for GPUs? Even if you somehow add the remote tracking systems that AI safety proponents have been asking for, you can still make a handy profit renting out your GPU to people who want to play gta6 or whatever.
>because NVidia has a monopoly on the software ecosystem around the workloads that are diverting consumer GPU supply to businesses, first crypto, recently AI
Maybe if you need CUDA specifically for AI workloads. For gaming AMD or intel is perfectly serviceable. It's not as good as a RTX 5090, but again that's like complaining you can only afford a LV bag rather than a Hermes (the embarrassment!)
>The key difference there is you can still get full utility from a bag for $15, but you have to participate in this new GPU market to get a GPU.
Only if you're only interested in carrying stuff, but not if you're interested in status signaling. The same applies to some extent for concerts. How many people are going for the experience of nosebleed seats (or standing room), overpriced food, and other travel hassles, vs the social cachet of being to a limited concert?
> "Legal and financial sense" is how you run a business.
That is how immoral people run a business. But there are a great many businesses in this country run by people who (correctly) recognize that there are higher obligations than the law and making a profit. Treating your customers fairly, making good products, doing things in an ethical way... these are not optional to a well-adjusted person, even if not required by the law.
Continuing to serve your loyal customers even has benefits above and beyond the intangible. When the bubble pops (and it will pop), Nvidia's sales to AI customers will crater. When that day comes, they will come to regret chasing away all the customers who would still be giving them business if they had not been cast aside as "not profitable enough, sorry guys".
>That is how immoral people run a business. But there are a great many businesses in this country run by people who (correctly) recognize that there are higher obligations than the law and making a profit. Treating your customers fairly, making good products, doing things in an ethical way... these are not optional to a well-adjusted person, even if not required by the law.
Higher obligations like... letting sweaty PC gamers run GTA 6 at 4K? I'm only half joking with the characterization, but AI at least have a good story going for it, productivity gains, competition with china, etc. What does gaming have going for it? For a slightly less sympathitic example, imagine there's some water shortage and datacenters[1] bought up all the water rights, forcing golfers to play on brown golf courses. Are we really supposed to be mad at either the datacenters or the farmers that sold the water rights, because they weren't serving the "higher obligations" of golfers wanting green golf courses?
[1] yes, I know they don't actually use that much water.
>When the bubble pops (and it will pop), Nvidia's sales to AI customers will crater. When that day comes, they will come to regret chasing away all the customers who would still be giving them business if they had not been cast aside as "not profitable enough, sorry guys".
As much gamers would love this revenge fantasy to happen it's not going to happen. I wager there's approximately zero brand loyalty in the PC gaming market. If nvidia is going to lose customers, it's because they're behind technologically.
It was not advancing good story. If you listened to CEO it was advancing pretty horrifying story of obsoleting people and centralizing all power into their own hands.
He had very little say in the forces that "destroyed the PC market". When he co-founded NVidia, it wasn't to become a geopolitical power player - no one could have predicted that 3d accelerator cards for gaming on PCs would have that kind of impact. If anything, NVidia has made some questionable business moves to not abandon their initial market, such as trying to prevent crypto mining on the cheaper cards meant for gaming.
His successor, however, probably got in position deliberately seeking geopolitical power. They're going to be worse in every way (except cheating on their spouse with subordinates, they're probably not going to do that).
I click on these ant kitchen people expecting some new account with 3 karma, nope, old ass accounts with lots of karma. Humans and bots converging in functionality.
I wonder if he followed a modern trend and was on TRT, it seems like a pattern for celebrity/powerful men of age these days: get on TRT, get in shape, cheat on your wife.
The mental gymnastics people are doing here to save face for Huang.
I don’t care if it’s 100 employees at this point, the big topic here should be that he is not to be trusted. He quite literally has been spoon feeding China behind the US’s back. He deceived the entire country, he’s a con man.
The relationships are just an awful aside of what’s turning out to be a very bigger concern about national security.
People keep saying this like it makes it better... If I knew my partner was a serial philanderer it wouldn't make me feel great, even if said partner was worth billions.
A lot of marriages are purely for superficial image. Many people also fall out of love but stay together legally for various reasons.
Many ultra high net worth people are married purely for financial reasons. The wife gets whatever she wants but now they don't need to worry about losing control of their company, etc.
This is to say nothing of the biological differences either. Menopause hits some women extremely hard and libido is completely gone. Rather than divorce or mutually suffer, they open up the marriage.
Is it so bad? He founded one of history's most successful companies in one of the most exciting sectors on the planet and ran it for 33 years. He's 63.
The only thing that would actually be bad is if his wife left him, which we don't know is happening yet. Some women accept the "risk" (to put it tastelessly) of marrying a hundred-billionaire, and stick it out.
Depends on what he values, I don't think I'd be any happier with 150bn than maybe 100m, they're both large enough that I couldn't possibly see myself spending it. Not with this specific case, but I often see people saying/implying people must be happy because they're rich/founded a successful company/achieved something great/<insert desirable thing here>.
I guess people often think the things they imagine making themselves happy would make someone else who has that happy, and I just don't think that's the case that often. I don't think money buys happiness after a point, a certain amount gets rid of a lot of discomfort and stress and brings relief and security, a bit more can buy some happiness, after that it's just number go up.
Exactly, a lot of people (especially those who have plenty of material wealth) focus much more on legacy. Here we're watching Jensen's legacy turn into that of an incompetent and possibly a traitor, on top of being morally bankrupt. That can't feel good. It will color everything he has ever said or done, I'm sure you can find plenty of his quotes that will now seem ridiculous.
Despite not being a full subscriber to the "death of the author" concept, I do think we tend to ironically lean a little too petty/unrelated in our criticisms of big names when we discover their sexual sins, and I think this is an example of that. Yes, I'm sure you could find some quotes in there that are hypocritical given his sexual conduct, but I can't find one on an initial review. I think sometimes this can kind of harm the legitimate criticism by association.
I say this as somebody who has never had any admiration for this guy (not because of a specific grievance, but because I don't follow tech leadership and am generally pessimistic about them).
You're 1) projecting that it is my opinion, and not my estimation of public opinion; and 2) seemingly unfamiliar with how most people think - "we" do not lean toward anything but laziness, and this is how lazy thought works.
That being said his early life is crazy enough that a movie could save him. Lazy thinking is fickle, after all.
Who was that comedian that said something along of "I'd rather be depressed in an Rolls Royce than in a Honda"... Money doesn't buy happiness, but it removes the worry of where you are going to sleep tonight.
For sure, he's probably deeply unhappy about his legacy. I just mean "this is how it could all end" implies something a little more dramatic than that. While money doesn't buy happiness after a certain amount, it does buy the satisfaction of supporting your future generations. And that's not even to mention what he built.
At the current rate of disclosure Huang is going to be revealed to have had an affair with every woman in the world by 2038. It’s vital that we build out infrastructure to support this if we don’t want to be left behind.
At least we’ve now passed the tipping point where the majority of affairs are domestic. Some country out there is going to achieve HSM (Huang Second Marriage) and it’s vital to future prosperity that we make sure it’s the US.
"Claude, build me a website that tracks with whom Jensen Huang had an affair yet! Register the domain hasjensenhuanghadanaffair.with and treat GETs on subdirectories as names for queries, like hasjensenhuanghadanaffair.with/JaneDoe should display whether he had an affair with Jane Doe."
Just my opinion here, spy is probably fine, coworker is big no no. If I got a spy to bang, after it's done I'll publicly praise her on Twitter to thank her for the good time (assuming it is, otherwise I will have give advice) and tag my wife too so we can actually try the tricks at home but this time with true love. If a female coworker enters a meeting room alone with me, I'll insist that she keep the door behind her open so everyone can supervise what we are doing.
It's kinda pity. Mr. Huang seemed a nicer guy than the other CEOs, less dicky, trying to be useful etc. But then maybe that's why the other CEOs act like they do, a way to filter out the less loyal members from the company board. If Mr. Huang survives this, maybe he should get rid of whoever supported his ousting from the board, wasting money to breed a coup always burdens earning potential.
the public discourse around this thing and the moralizing reminds me of the Norm Macdonald bit about Tiger Woods.
"What? I don't believe you! Are you telling me, are you trying to tell me that that guy , worth 6 billion, you're telling me that the world's greatest athlete over there, Tiger Woods -- you're telling me that that guy, that super handsome charismatic dude likes to lie down with ladies?
in all seriousness though, what is going on? everything here feels well timed and coordinated. were the powers that be just waiting for US midterms to pass? is there any relationship to the anthropic IPO? my tin foil hat is going to be working overtime these next few days
I mean it’s just much more of a favorable political environment for the board to investigate Huang. And journalists know that if there’s smoke, there’s likely fire. So it seems like a pretty natural pile-on if anything.
It is kinda weird that Jensen decided to resign so quickly though. I would’ve expected a longer investigation period involving both the board and Congress.
Democrats take charge
IPO almost out the door
Bubble about to pop
What people (and nations) would be able to come out clean in front of their audiences from the fallout of the above if the catalyst was Huang having an affair with an alleged Chinese spy, being interrogated by Warren, and the woke forcing him out of the company he built (whose interim CEO is female)
There’s a thread through all of that that props up a significant portion of Silicon Valley elite’s worldview…
I should've worded my post differently. Jensen had a fast rise as a household name and the attention that came with it. Before 2020 I doubt more than 2% of the population could've named the CEO of Nvidia.
To be known by 2% of US Population as a business leader is by all means a household name. What then happened is more like superstar status akin to Steve Jobs. You simply can't rise higher than that.
Sure, but jail time for bypassing the export ban can definitely make it harder to use the money. Then again, given his affiliation with the POTUS he probably won't get jail time.
To a certain point I don't really care about how many subordinates it ends up being (something tells me there are more), but it does make all of the grindset quotes CEOs like Huang barf up all the more laughable.
> “I work every day. There’s not a day that goes by that I don’t work. And if I’m not working, I’m thinking about work.”
> “I wake up at 5am, and the moment I wake up, I start working… I’m asleep probably by 9:30pm.
A lot of people have said Nvidia are crazy to get rid of Huang, that he's a singular irreplaceable talent. What if, perhaps, he's not all he's made out to be?
He's bush league compared to Elon Musk who runs 6 companies simultaneously (Tesla, SpaceX, Twitter, Neuralink, Boring, xAI) yet finds time to father at least 14 kids with at least 4 different women!
He very clearly isn't fully dedicated to his work, given his multiple affairs with his employees. Someone that was _actually_ laser focused on their company would, you know, not sleep with employees.
I think this is a weird angle. A man's unfaithfulness might very well be correlated with failures in his responsibilities as a leader, but the simple idea of working hard doesn't seem like one of them. In fact, if I may say something a little eyebrow-raising, that particular quality might even be inversely correlated...
We can find so much to criticize without stretching.
Parrots another article - even w ", Report Says" as the end of the headline.
The original article is from Reuters, partially written by this woman below whose history is all Washington stories then bam 4 articles on Nvidia and tech.
It all lining up perfectly with their quarterly earnings call does seem like a bit of a strange coincidence at the very least.
These are also not actually new developments, but years old. So they could have easily been stockpiled ahead of time, ready to deploy when opportune. Or maybe that's just standard when you're high profile enough? It's like accumulating and strategically burning 0 days. Or trading them for that matter.
Or at least the original report was like this. These newer ones are perfectly well explained by opportunism imo, if one is to believe that the anonymous sources really are company internal.
> lining up perfectly with their quarterly earnings call
Availability heuristic. A short seller was writing about Nvidia's China-disclosure problem in May. Huang's affair with Ms. Huang came out before Halloween. If one month before earnings is fair game, then you're going to have a lot of conspiracies to clean up.
It's a 3 week window each time each between announcement of meeting and actual meeting, not a month, and the May case does fall into it too. But I do get your point.
US elites get off on destroying people who do good for the country. This also benefits China so the Chinese government works with them to do this occasionally which they did in this case.
He’s no longer CEO which is what China wanted, but US elites can still destroy him even more and the people around him.
At how many $billion of market value should a board just figure that it's a cost of doing business to hire retired spooks to keep track of the CEO's personal life, and ensure that he has a pipeline of well-paid, background-checked, NDA-signed mistresses available to divert his eyes from the employees and spies?
We have to figure out where this comes from! It's so recent: https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...
https://news.ycombinator.com/item?id=49828285 references https://x.com/_NathanCalvin/status/2084856543561093535 - that's the earliest I've seen so far. Others?
Edit: thanks ChatGPT: https://barrypopik.com/blog/there_is_never_one_cockroach_bus...
Proverb #232 of https://www.asau.ru/files/pdf/2759983.pdf says it's attested from 1991:
232 There is never just one cockroach. (1991)
Variant: There is never just one cockroach in the kitchen
Ants are nicer though.
https://www.berkshirehathaway.com/letters/1989.html
"In a difficult business, no sooner is one problem solved than another surfaces - never is there just one cockroach in the kitchen."
"This old house as got good bones" is the realtor 'slaps roof of car' meme that seems to have caught on during the 2010s and peaked during COVID. Now I hear people mindlessly propagating it whenever they talk about renovating/buying an old home.
I'm sure that we'll be hearing this ants in the kitchen of the house with good bones thing forever now.
August 5th about Open AI:
https://x.com/_NathanCalvin/status/2084856543561093535
September 4th.. still about Open AI:
https://x.com/_NathanCalvin/status/2095854095139537064
November 11th.. Alex Lawsen on Twitter, referencing Nathan's post (above):
https://x.com/lxrjl/status/2120640689620861335
Fable 5.2 couldn't access the full DMN text (nor can I), but suggests the article is about "local TV journalists reacting to a report on minority hiring" and "Sanders" is probably a reporter named Bob Ray Sanders, a reporter in the region (who was later inducted to the National Association of Black Journalists' Hall of Fame). What he actually said is sadly paywalled in the archives.
And Jensen Huang may have had an improper relationship with at least one of them.
That’s what is going on.
His security detail is also no longer worried about retribution and are likely complying with an internal investigation.
It's very likely his affairs were simply open secrets within the C suite.
We're not talking about sexual violence or harassment though, it's not about “being believed”.
Three different news orgs have reported the different affairs.
There isn't really even any point in this third story from the point of view of any "coordinated attack". He's already resigned.
There's probably some mildly interesting risk-balancing that happened behind the scenes because the intel community apparently knew mid-2026 and only spilled the beans now, but this is entirely of Jensen's own doing. He confessed.
He clearly is a top performer, though, managing four-plus relationships is a big job.
mid-2025*
tbf, these side affairs i think are more just people piling on
It’s a common tactic to make sure the scandal stays on the front page and it’s untenable to try to stay on. Politicians do this all the time. Scandals happen constantly, it they’re saved for when they are most useful. Jensen is in politics, whether he realises it or not.
China may be behind it as an attempt to sabotage America’s economy. But I actually think more likely the Americans as Nvidia haven’t complied sufficiently.
I really feel for Jensen. He’s dedicated his life to Nvidia and really is heavily responsible for its success. It must be devastating to have to step away from it.
You understand that the AI labs in the US have taken a lot of money from thousands of investors. They don't benefit whatsoever in losing their investment to powerful open weight AI models that undermine closed weight ones especially chinese AI models that are rapidly catching up to them.
Nvidia was investing the open weight model ecosystem after realizing that the AI labs were moving off of their GPUs and using in-house chips. Jensen made sure that some Chinese AI labs were getting Nvidia GPUs in order to slow them down in relying or building their domestic ones.
Why would someone who invested a lot of money into any of the >1TN+ AI labs accept the risk of a chinese AI lab undermining them in their future IPO plans?
Thus far, there's no evidence Anthropic was knowingly violating sanctions on China, nor did they donate $25M to the Trump ballroom project while doing so.
(Plus presumably lying to the board about all this as it started to break.)
I'm fine with the idea of not selling chips to China, but this is being used as the catalyst to embed government-controlled kill switches in all advanced chips under the guise preventing chip smuggling to China. Read up on the Chip Security Act sometime. Most on HN would find such a policy on its face abhorent, but those like you will cheer it on now because of the partisan affiliation of specific actors in this story.
> As recently as the summer of last year, Singapore was officially one of Nvidia’s biggest markets, generating 22% of the chip maker’s revenue. Then, practically overnight, it disappeared from the company’s financial disclosures.
> The timeline indicates that Nvidia altered its methodology for reporting the geographic breakdown of its revenue shortly after placing Megaspeed International on an internal block list. It isn’t clear if the two are related, but the shift had the effect of removing visibility into Nvidia’s sales tied to Singapore. That is the home to Megaspeed, the cloud-computing company embroiled in a sex-and-espionage scandal that has engulfed Nvidia and its chief executive.
Sure, sure. Totally on the up-and-up.
They made out like bandits looking the other way.
This is irrelevant. There's a blanket ban on physically providing these chips to China; if they knew Megaspeed was diverting chips, it doesn't matter if they were on a list or not, just as you can't trade with North Korea via a new front company. https://www.nytimes.com/2024/08/04/technology/china-ai-micro...
There's a good chance a future Democratic administration sees the $25M ballroom donations as plain old bribery, too.
Because, the powerful men can hide things for a long time, right up until they are no longer powerful.
That's like the entire point of #MeToo. Women are very upset with how much known misbehavior was going on that was kept hush because the men involved were in positions of power, and people preferred keeping that power structure stable over literally putting people doing sex crimes to justice.
What you are seeing is that when women feel like they will be listened to when they come out with a story like this, they will.
That, and there's also the simple effect of "A rich person is suddenly getting dragged through the media, perfect time to share your own gossip if you have some"
You can't blame this on a conspiracy when such simple incentives will cause the same phenomenon, and we have ample examples of exactly that happening.
Jensen was already being blackmailed by the Trump administration for the past year, which Trump all but admits openly here:
https://youtu.be/m2aC8lAOQbg?si=rqqSliGdLF4_Q663&t=1460
@24:20 if the link doesn't maintain the timestamp on your platform.
He doesn't name Jensen, but in hindsight with everything that has come out (including information on the timing of the Rubio memo) he is obviously talking about him and threatening him with jail to become a yes-man, and Jensen complied.
So IMO the real question isn't who was blackmailing Jensen (we know that), the question is: when he was already complying with blackmail for a year, who decided to burn him as an asset? Did it come from the people who were blackmailing him, or an external source? And who gains/loses by the loss of leverage they already had on him?
A lesson, apparently, for everyone asking "what the big deal is".
If ever you wanted to understand the meaning of the word "liability", here it is.
"Coordinated hits", as you put it, have as their prerequisite the creation of a "liability".
As the British police are fond of saying in cold case appeals: allegiances shift.
him sleeping around, hth
Pretty sure the board asked the same question. Having finally been called to do their work, they can't just close the books without asking "what else do you have to declare" to both Jensen and at least all the direct reportees. And if there was a declaration, you can always find someone to leak it to the media.
Not saying that happened, just saying that it is likely such direct questions were asked and answered last few days.
https://pmc.ncbi.nlm.nih.gov/articles/PMC6688834/
There's a Canadian billionaire who is famously always donating to hospitals and suchlike. He's had tens of thousands of employees for decades and I've never heard anyone say anything bad about him.
I know another billionaire in Vancouver who isn't known for donations. Actually most people don't know he's a billionaire. He is generous though; he just insists on being anonymous when he gives large amounts.
I suspect the issue is less "billionaires are horrible people" and more "the highest profile individuals from any group tend to be the narcissists".
Turns out that taxing their wealth is an intervention.
We need to do it if only for their own good to save them from the pressures that cause them to act increasingly antisocial.
When a real scandal happens, everything we know or will ever know gets dropped all at once. Anything else and you know someone is pulling the strings. The question is who? My money is on the arrow of time.
A shell game. This is the distraction portion. Then comes the switch, the reveal and the swipe. Watch the market indicators. Nobody buying and selling shares in a trillion-dollar company cares one iota about extramarital affairs. Something else is happening.
For me, this is a lapse of judgement for the CEO and one of the founders of one of the biggest corporation's globally.
The outrage is about new reporting that one affair was with a potential Chinese asset, and the other affairs are more entertainment and/or evidence of bad leadership than anything else.
The actual infidelity they really do not care about.
To be honest, I think Jensen's wife herself probably knew about it and just didn't care either. A don't ask, don't tell scenario.
by "his country" you mean Taiwan/China or US? not sure ethnic Chinese born in Taiwan (China) holding Taiwanese/Chinese citizenship, see foreign adversaries as clearly as you see it
This feels so common that I would not even be quick to assume this is some sort of unknown betrayal to his family. One of the revelations about the Gates' lives was that Bill's promiscuity was apparently baked into their marriage agreement. At this level, your marriage might just be like a fixed mailing address for someone who has multiple homes.
Not to excuse this in any way. But these are the personalities of medieval lords and kings.
Are there details on this? Yes, I do like the sordid gossip.
I think "lots" is vastly overstating it. Yes, there are women who would be ok with that, but in my experience they are greatly in the minority. Most women (and men to be fair) do not like if they don't have an exclusive claim on their spouse, even if it's being done in the open.
There is something in it for the wife. The world is a bit more "House of Cards" than some people assume. Aside from the French and a few others, western cultures seem almost uniquely dishonest about the tacit assumption that successful men will have mistresses. This isn't a new thing. Warren Buffett was essentially married to two women most of his life and no one cared.
Many wives highly value the accrued status of being formally married to a high-status person. You can take half the money but the social status doesn't follow. No one cares about a billionaire divorcee with no status beyond a bank account.
But (unless "unknown" is doing a lot of work in your sentence) Huang literally said this in his letter to NVidia employees: "I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry."
Otherwise, I agree with a lot of what you said. In the 2000-2015 timeframe, I really idolized a lot of these successful tech leaders - they seemed incredibly smart, hard-working, and talented (though also of course lucky). But over time I came to the realization that many of them just fundamentally think very differently than I do, and I view that other way of thinking with disgust. The main issue is it seems like nearly all of their relationships are transactional, and they have a lack of empathy and willingness to be ruthless that is simply anathema to me.
Who the NVDA board wants answering questions in some inevitable hearings when the other side of all the money behind AI is trying to push for controls on Chinese models.
Not all, very likely not even most, of course, do this, and it's not always truly mutual or healthy, but surprise surprise, not every couple wants strict monogamy. They just don't want society to judge them for it.
Jensen had the choice of coming clean like this, where half of Silicon Valley is rallying to his defence and he remains a multi-billionaire (and maybe saves his marriage), or having this exposed by the new Congress, at which point all manner of punitive countermeasures against Nvidia are on the table.
Currently, Energy & Commerce and Oversight & Investigations are asleep. Come January, they won't be.
Huang, like a lot of Silicon Valley, thought their guy would stay in power and protect them.
there is possibility someone overplayed their cards and didn't think of possible consequences, OTOH maybe they wanted to kill two birds with one stone
Cf. the open secret nature around the entire Epstein cabal.
This framing is plain silly because it ignores the sequence of events. NVidia conducted an investigation after Huang admitted to having an affair with someone the US Government believed to be a Chinese spy, and in any case NVidia sold billions worth of embargoed chips to that company (and now it seems we have some proof per another HN front page story that the latest leading Chinese open source models were trained on embargoed NVidia chips). So then the other 2 instances of infidelity came out in the course of the investigation - of course as they definitely should, otherwise it would be a really shitty investigation! And sure, it was known by at least some number of other NVidia employees that Huang had relationships with subordinates (at least according to reporting). But that doesn't change the fact that Huang's relationship with Alice Huang was not known (and in fact denied by Jensen Huang) before this all went down.
It's not like Huang's 3 paramours got together before the investigation started in some sort of nefarious plot.
The idea that NVIDIA would continue whatever arrangement they had under increasing pressure is really childish.
----
I hope that the people he had affairs with are treated ok and not retaliated against or hounded by the world news media.
Huang has been a great boss and steward of Nvidia, but ultimately falling for subordinates is grave enough, adding alleged Chinese spies, and allegations you sold Tencent billions of hardware through shady Singaporean companies for which the alleged spy worked etc and the board had no other options.
At this point it would be surprising if what we know is likely a small part and the Nvidia board saw enough very quickly to ask for his head.
He was responsible for hanging consumers out to dry by destroying the consumer PC market in chase of more profit. He is gambling with the world economy. He appears on interviews being a dick about all of this.
So I'd say this is very much in character for him.
The lack of regulation and/or enforcement has brought about this completely textbook case of market failure with damaging consequences for the broader industry and society as a whole. It was the responsibility of governments to prevent this exact situation.
But here we are. Jensen Huang and NVIDIA brought themselves to a situation where they are responsible. They should be held accountable for the negative externalities they cause.
"Legal and financial sense" is how you run a business. Getting salty because a company decided to switch to a more profitable customer, while understandable, is also totally unreasonable. It's like getting mad at a band for selling $1000 concert tickets after they made it big. Doubly so when the product segment being affected is essentially a luxury product to begin with.
Big music artists could totally sell cheaper tickets and still make enormous piles of cash.
Nvidia could have continued supporting the consumer market alongside their AI ambitions.
The sad part is that we simply don't expect it anymore, because we no longer see businesses as part of our communities. Just as profit engines, with no other goal.
Companies don't exist in a vacuum, they are entities in our community, and we should expect them to behave in a way that is beneficial and fair, and sometimes that might be at the expense of unrealised profits. Not bankruptcy obviously, but there's a wide gamut of extreme prosperity between bankrupt and trillion dollar market cap.
>Nvidia could have continued supporting the consumer market alongside their AI ambitions.
No, in both cases they'll just get scalped. If you're selling something for $1 that the market is willing to pay $10 for, the market will find a way to equalize this.
>Companies don't exist in a vacuum, they are entities in our community, and we should expect them to behave in a way that is beneficial and fair, and sometimes that might be at the expense of unrealised profits. Not bankruptcy obviously, but there's a wide gamut of extreme prosperity between bankrupt and trillion dollar market cap.
Give me a break. This might work if it's walmart replacing a dozen local shops with a giant big box store on the edge of town, but GPUs are already a niche luxury product. If there's one sector where it's justified for companies to make outsized profits on, it's this. Otherwise it's as out of touch as getting mad at Hermes for selling $10k hand bags.
For the GPU situation, consumer GPU supply is constrained because demand isn't being met. It's not being met (in my understanding) because NVidia has a monopoly on the software ecosystem around the workloads that are diverting consumer GPU supply to businesses, first crypto, recently AI. The solution would have been to create and supply two different verticals independently, and to open the ecosystem up for other manufacturers to help meet B2B supply. There is precedent for this going in different directions, but it was a choice nVidia made to squeeze the market for every penny. Extremely good business. Shareholders are stoked, a fantastic win for the stock market.
I can't worry about all things but since you bring hermes bags up, yes that is also a pretty clear sign of a perverse economy. Selling an at-cost $10 bag for $10,000 is pretty disappointing behaviour by the seller and the buyer. The seller does it because they can, and the buyer does it because they don't mind getting fleeced. The key difference there is you can still get full utility from a bag for $15, but you have to participate in this new GPU market to get a GPU.
This is the world we live in, I get that, but it's no less disappointing to see the majority of people get ditched for the sake of the shareholders time and time again. If you feel that this isn't what's happening then I would be interested in that, otherwise we might just disagree on some base principles which is fine but probably not worth debating.
How are you going to enforce this for GPUs? Even if you somehow add the remote tracking systems that AI safety proponents have been asking for, you can still make a handy profit renting out your GPU to people who want to play gta6 or whatever.
>because NVidia has a monopoly on the software ecosystem around the workloads that are diverting consumer GPU supply to businesses, first crypto, recently AI
Maybe if you need CUDA specifically for AI workloads. For gaming AMD or intel is perfectly serviceable. It's not as good as a RTX 5090, but again that's like complaining you can only afford a LV bag rather than a Hermes (the embarrassment!)
>The key difference there is you can still get full utility from a bag for $15, but you have to participate in this new GPU market to get a GPU.
Only if you're only interested in carrying stuff, but not if you're interested in status signaling. The same applies to some extent for concerts. How many people are going for the experience of nosebleed seats (or standing room), overpriced food, and other travel hassles, vs the social cachet of being to a limited concert?
That is how immoral people run a business. But there are a great many businesses in this country run by people who (correctly) recognize that there are higher obligations than the law and making a profit. Treating your customers fairly, making good products, doing things in an ethical way... these are not optional to a well-adjusted person, even if not required by the law.
Continuing to serve your loyal customers even has benefits above and beyond the intangible. When the bubble pops (and it will pop), Nvidia's sales to AI customers will crater. When that day comes, they will come to regret chasing away all the customers who would still be giving them business if they had not been cast aside as "not profitable enough, sorry guys".
Higher obligations like... letting sweaty PC gamers run GTA 6 at 4K? I'm only half joking with the characterization, but AI at least have a good story going for it, productivity gains, competition with china, etc. What does gaming have going for it? For a slightly less sympathitic example, imagine there's some water shortage and datacenters[1] bought up all the water rights, forcing golfers to play on brown golf courses. Are we really supposed to be mad at either the datacenters or the farmers that sold the water rights, because they weren't serving the "higher obligations" of golfers wanting green golf courses?
[1] yes, I know they don't actually use that much water.
>When the bubble pops (and it will pop), Nvidia's sales to AI customers will crater. When that day comes, they will come to regret chasing away all the customers who would still be giving them business if they had not been cast aside as "not profitable enough, sorry guys".
As much gamers would love this revenge fantasy to happen it's not going to happen. I wager there's approximately zero brand loyalty in the PC gaming market. If nvidia is going to lose customers, it's because they're behind technologically.
It was not advancing good story. If you listened to CEO it was advancing pretty horrifying story of obsoleting people and centralizing all power into their own hands.
Demand has far exceeded supply, and so consumers are priced out.
This is no different than how most developing countries have been priced out of top GPUs since the dawn of computing.
It sucks, but to pin the blame on someone for not selling you a GPU at below market rates is... not fruitful.
His successor, however, probably got in position deliberately seeking geopolitical power. They're going to be worse in every way (except cheating on their spouse with subordinates, they're probably not going to do that).
After all, when you see two ants in the kitchen..
I don’t care if it’s 100 employees at this point, the big topic here should be that he is not to be trusted. He quite literally has been spoon feeding China behind the US’s back. He deceived the entire country, he’s a con man.
The relationships are just an awful aside of what’s turning out to be a very bigger concern about national security.
Many ultra high net worth people are married purely for financial reasons. The wife gets whatever she wants but now they don't need to worry about losing control of their company, etc.
This is to say nothing of the biological differences either. Menopause hits some women extremely hard and libido is completely gone. Rather than divorce or mutually suffer, they open up the marriage.
There is this new narrative on HN where wifes don't care about cheating, but in general, they do a lot.
The only thing that would actually be bad is if his wife left him, which we don't know is happening yet. Some women accept the "risk" (to put it tastelessly) of marrying a hundred-billionaire, and stick it out.
I guess people often think the things they imagine making themselves happy would make someone else who has that happy, and I just don't think that's the case that often. I don't think money buys happiness after a point, a certain amount gets rid of a lot of discomfort and stress and brings relief and security, a bit more can buy some happiness, after that it's just number go up.
https://www.brainyquote.com/authors/jensen-huang-quotes
I say this as somebody who has never had any admiration for this guy (not because of a specific grievance, but because I don't follow tech leadership and am generally pessimistic about them).
That being said his early life is crazy enough that a movie could save him. Lazy thinking is fickle, after all.
He's also spent his life building a large, very influential company.
Could it be that those are the things he values?
Would be investigation ending in jail time.
At least we’ve now passed the tipping point where the majority of affairs are domestic. Some country out there is going to achieve HSM (Huang Second Marriage) and it’s vital to future prosperity that we make sure it’s the US.
Just my opinion here, spy is probably fine, coworker is big no no. If I got a spy to bang, after it's done I'll publicly praise her on Twitter to thank her for the good time (assuming it is, otherwise I will have give advice) and tag my wife too so we can actually try the tricks at home but this time with true love. If a female coworker enters a meeting room alone with me, I'll insist that she keep the door behind her open so everyone can supervise what we are doing.
It's kinda pity. Mr. Huang seemed a nicer guy than the other CEOs, less dicky, trying to be useful etc. But then maybe that's why the other CEOs act like they do, a way to filter out the less loyal members from the company board. If Mr. Huang survives this, maybe he should get rid of whoever supported his ousting from the board, wasting money to breed a coup always burdens earning potential.
It is so American to interlink personal affairs with business.
"What? I don't believe you! Are you telling me, are you trying to tell me that that guy , worth 6 billion, you're telling me that the world's greatest athlete over there, Tiger Woods -- you're telling me that that guy, that super handsome charismatic dude likes to lie down with ladies?
I DON'T BUY IT!"
Two affairs is a pattern.
Three affairs is just funny.
And frankly at this point, where nothing surprises you anymore we should probably just enjoy some stupid pictures with captions
in all seriousness though, what is going on? everything here feels well timed and coordinated. were the powers that be just waiting for US midterms to pass? is there any relationship to the anthropic IPO? my tin foil hat is going to be working overtime these next few days
- The affair(s) were so badly hidden that they became obvious once one was exposed
- High profile CEO of one of the biggest companies in the world means a lot of eyes
- something akin to the Streisand effect keeps things in the news cycle
At that point it was probably just a matter of time until the rest came out.
It is kinda weird that Jensen decided to resign so quickly though. I would’ve expected a longer investigation period involving both the board and Congress.
What people (and nations) would be able to come out clean in front of their audiences from the fallout of the above if the catalyst was Huang having an affair with an alleged Chinese spy, being interrogated by Warren, and the woke forcing him out of the company he built (whose interim CEO is female)
There’s a thread through all of that that props up a significant portion of Silicon Valley elite’s worldview…
[insert joke about three rides that we know of here]
> “I work every day. There’s not a day that goes by that I don’t work. And if I’m not working, I’m thinking about work.”
> “I wake up at 5am, and the moment I wake up, I start working… I’m asleep probably by 9:30pm.
https://www.startuparchive.org/p/jensen-huang-there-s-hard-w...
A lot of people have said Nvidia are crazy to get rid of Huang, that he's a singular irreplaceable talent. What if, perhaps, he's not all he's made out to be?
We can find so much to criticize without stretching.
It's a convenient distraction I guess.
The original article is from Reuters, partially written by this woman below whose history is all Washington stories then bam 4 articles on Nvidia and tech.
https://www.reuters.com/authors/alexandra-alper/
Appears to be manipulated news (which we're used to), story is real but should be seen through that lens - why?
These are also not actually new developments, but years old. So they could have easily been stockpiled ahead of time, ready to deploy when opportune. Or maybe that's just standard when you're high profile enough? It's like accumulating and strategically burning 0 days. Or trading them for that matter.
Or at least the original report was like this. These newer ones are perfectly well explained by opportunism imo, if one is to believe that the anonymous sources really are company internal.
Availability heuristic. A short seller was writing about Nvidia's China-disclosure problem in May. Huang's affair with Ms. Huang came out before Halloween. If one month before earnings is fair game, then you're going to have a lot of conspiracies to clean up.
- Hacker News
- Also Hacker News
He’s no longer CEO which is what China wanted, but US elites can still destroy him even more and the people around him.