‘A Scandal at the Center of the Economy’
Charlie Warzel, writing for The Atlantic (gift link): It is curious, then, that, as news came out that the Nvidia CEO, Jensen Huang, had had a romantic relationship with a Chinese businesswoman who was also an asset of Beijing’s Ministry of State Security, notable factions of Silicon Valley and Washington, D.C., seemed nonplussed. “Even incredible humans make mistakes,” Bill Ackman, the…
A scandal has emerged at the heart of the American economy involving Nvidia CEO Jensen Huang and a Chinese businesswoman with ties to Beijing's Ministry of State Security. Despite the disturbing allegations, notable figures within Silicon Valley and Washington D.C. have largely remained indifferent to the situation. Bill Ackman, a billionaire hedge-fund manager, expressed support for Huang and his family, while venture capitalist Shaun Maguire argued that Huang's actions, while "dumb" and "bad for America," were not done with malicious intent and that he remains "irreplaceable" for American AI leadership.
Elon Musk also defended Huang, adding to a wave of absurd support posts about the CEO. Huang's views on AI and chip allocation in China further emphasize his influence over U.S. policy. As a crucial figure within the company that many consider the linchpin of the American economy, many are seemingly eager to downplay or protect Huang as he is deemed "too big to fail."
Written by urgent.news from Daring Fireball's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
