[Nvidia Founder Jensen Huang Publicly Criticized Interim CEO Colette Kress as a "CFO Who Only Knows How to Report Expenses," Questioning Her Lack of Strategic Decision-Making Ability] According to BlockBeats, on November 13th, this past summer, Nvidia founder Jensen Huang convened a meeting with core financial executives to discuss the risks of providing billions of dollars in financing guarantees to cash-strapped AI companies. During the meeting, he publicly and harshly criticized the current interim CEO, Colette Kress. An insider revealed that during Kress's presentation, Huang interrupted her, describing her as a "deer startled by headlights," and calling her merely a "CFO who only knows how to report expenses," unable to help him formulate strategy and make key decisions. The report points out that at the time, Nvidia was providing financial support to emerging cloud service providers and data center developers through financing guarantees in exchange for long-term chip customers. Some of these deals were spearheaded by Huang's son-in-law, Nico Caprez. As the scale of these deals continued to expand, Huang began to question whether the company was expanding too rapidly. This meeting also revealed internal concerns within Nvidia regarding aggressive AI investment and financing strategies, as well as disagreements between Kress and Huang on strategic decision-making. [Original Link]