From NDTV
Owned by Adani Group (AMG Media)$3 Billion In Chinese AI Projects At Risk After Nvidia CEO Resigns
What's behind this
Former Nvidia CEO Jensen Huang is reported to have misled a top lawyer about an affair with Alice Huang, describing their interactions as appropriate during the autumn of 2025 and in October 2026. The resulting scandal is said to loom over upcoming US‑China AI talks, though it is unlikely to dominate the agenda or affect President Donald Trump’s personal relationship with Chinese President Xi Jinping, who is not expected to raise the allegations at the APEC summit. Elon Musk has backed a petition to reinstate Huang, adding to support from Trump, while Nvidia employees call for his return and the board considers Arm CEO Rene Haas as a possible successor.
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The projects, stretching from China's wealthy coastal technology hubs to remote western provinces, reveal the scale of continuing demand for Nvidia hardware.