Inside Jensen Huang’s Final Hours as Nvidia CEO

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."Hosted by Carol Massar and Tim StenovecHear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BWSee omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF After weeks spent denying the allegations of infidelity and fighting to remain in his job as Nvidia’s chief executive officer, Jensen Huang’s surrender late Wednesday night was unconditional. His usual take-charge demeanor had evaporated, according to a person familiar with the situation, and he’d started using phrases like “whatever” and “I don’t care.” Huang’s admittance to an affair with an alleged spy has had an international ripple effect across the AI and tech industry. On today’s episode: - Ian King, Bloomberg News US Semiconductors Reporter- Cat Barton, Bloomberg News Seoul Bureau Chief- Joe Wiesenthal, Bloomberg ‘Odd Lots’ Podcast Co-Host- Mark Jacobson, International Spy Museum HistorianSee omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACFNvidia Corp. is searching for a permanent replacement for Chief Executive Officer Jensen Huang after his ouster following revelations of multiple extramarital affairs. Andy West, Senior Partner at McKinsey and author of the new book ‘Strategy and Value’ discusses what is needed to facilitate a good CEO transition when one is in flux.See omnystudio.com/listener for privacy information.

Bobby Jain, the CEO and CIO of Jain Global, has spent much of his career inside some of the biggest names in finance from Credit Suisse to Millennium before striking out to build his own hedge fund. Now, he has gone back into a partnership with Millennium and says his decision signals where hedge funds are heading.   In an exclusive interview with Bloomberg's Nishant Kumar, Jain explains what was he trying to build and why scale matters more than ever. He talks about how AI could accelerate consolidation, the math behind multistrategy hedge fund giants and the fees they charge, the rise of SMAs, the fierce war for talent and his ideal trader. Jain also discusses his childhood in Queens, his love of reading and what he wants to build over the next decade.See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Nvidia CEO Jensen Huang was ousted from his post after reports of two affairs, including one with a woman suspected of spying for China. Huang, one of the three engineers who founded the chipmaker in 1993, had been under intense pressure since Sunday, when he admitted to a romantic relationship with Alice Huang, a former executive at the Singapore-based data center firm Megaspeed International. The Nvidia turmoil rippled through the entire artificial intelligence sector on Thursday, dragging down shares of semiconductor companies. On today’s episode: Emily Chang, Host & Executive Producer of Bloomberg’s ‘The Circuit’ Ed Ludlow, Bloomberg Tech Co-Host Jay Goldberg, Senior Analyst, Semiconductors & Electronics at Seaport Research Partners Nina Trentmann, Bloomberg News Senior Editor & CFO Briefing Editor See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Take-Two Interactive Software Inc. Chief Executive Officer Strauss Zelnick left 20th Century Fox to join the video-game industry, becoming the pre-revenue CEO of Crystal Dynamics in 1993. Since an investor group led by Zelnick took control of Take-Two in March 2007, the shares have soared 12-fold. That’s thanks to successful game franchises like BioShock, Red Dead Redemption and Borderlands. The biggest of them all is set to launch on Nov. 19 when Take-Two’s Rockstar Games unit releases Grand Theft Auto VI, the latest iteration of the modern-day gangster title. Bloomberg News Media and Entertainment Team Lead Chris Palmeri discusses the games past and expected successes.See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACFA gauge for emerging-market stocks rose for a third day, led by Asian chipmakers, as strong CoreWeave sales and signs of demand for Anthropic’s planned IPO fueled optimism over AI spending. CoreWeave shares gain as much as 18%, in biggest jump since August, after the cloud-computing provider boosts its annual revenue forecast. Analysts said the results ease worries about the company’s financing, although concerns remain.On today’s episode: Brody Ford, Bloomberg News Tech Reporter Bailey Lipschultz, Bloomberg News Senior IPO Reporter Jenny Rooke, Genoa Ventures Founder & Managing Director  See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Carol and Tim speak with Toby Rice, president and CEO of EQT about how US natural gas drillers are scaling up to meet rising energy demands from AI and how the outlook for the natural gas industry looks in the aftermath of midterm elections.See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACFAnthropic  is seeking a valuation of about $1.4 trillion in its initial public offering, a bid to make history as the first frontier artificial intelligence lab to go public. The Claude chatbot maker and its co-founders are looking to raise as much as $90.4 billion in the IPO and a private placement. The base offering would raise up to $64.4 billion, with shares marketed for $70 to $78 each, according to a filing on Tuesday with the US Securities and Exchange Commission. Anthropic is offering 801.4 million shares, while backers are selling 23.6 million shares.On today’s episode: Anthony Hughes, Bloomberg News Equity Capital Market Reporter Matthew Luzzetti, Chief US Economist, Deutsche Bank Dave Lee, Bloomberg Opinion Columnist Melissa Smith, President & CEO, Wex See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF25 years ago — when China entered the World Trade Organization — it kicked off an era of growth that would rapidly transformation the nation into a global superpower. China’s emergence as a high-income economy raises questions about its future, including who will succeed President Xi Jinping and how the country will continue to develop and grow. Bloomberg Businessweek Magazine has been covering the transformation since the start. Businessweek Editor Brad Stone discusses the country’s evolution, and what might be coming next.See omnystudio.com/listener for privacy information.