The big bet to stay ahead of China via AI is falling apart as the Trump administration disintegrates.
The chorus of support among the tech elite for Nvidia’s co-founder underscores seismic shift of power under way within the industry.
The inevitability—the invincibility—of Big Tech felt diminished Thursday with Jensen Huang’s ouster from the company he founded and built into the backbone of the AI boom.
As his power slipped away atNvidia NVDA -4.07%decrease; red down pointing triangle, the court of tech royalty was being dealt an uncomfortable truth about their new place in the world: Big Tech isn’t so big anymore nor, perhaps, so unbeholden.
In the span of a little more than a week, the titans lost their grip on political power in Washington, D.C., followed by one of their biggest stars.
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