Colette Kress may take a more conservative approach than Jensen Huang; sources say she sometimes pushed back on his riskier deals like backstopping OpenAI (Phoebe Liu/The Information)

Nvidia has appointed longtime chief financial officer Colette Kress as interim CEO following the ousting of Jensen Huang on Thursday. According to The Information, Kress may adopt a more conservative approach than Huang, with sources stating she occasionally pushed back on his riskier deals, such as backstopping OpenAI.

Huang's removal followed a board meeting on Wednesday to consider his resignation after reports of two extramarital affairs. TechCabal reports that one affair involved a senior Nvidia executive who reported to Huang, while the other involved a Chinese businesswoman whom U.S. authorities suspected of working for Beijing's intelligence services, an allegation China has denied.

TechCrunch states that the businesswoman is an executive of a Singapore-based neocloud suspected by the U.S. government of smuggling Nvidia chips to China.

The departure comes as Republican committee chairs summon Huang to testify in closed-door sessions regarding security ramifications. Prior to his resignation, Huang had expressed an interest in competing in various global markets, including Egypt and other African nations.

Brief written by urgent.news from Techmeme, TechCrunch, TechCabal, CNBC World, CNBC — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.