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November 12, 2026

Jensen Huang’s Nvidia exit shakes European tech

The chip company has become the largest megaround investor on the continent

Jensen Huang, cofounder of Nvidia and one of the most vocal champions of the AI industry, has stepped down as chief executive of the US chipmaker, leaving Europe’s tech ecosystem to rue the loss of one of their most generous backers. 

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Maya Dharampal-Hornby

Maya Dharampal-Hornby is a reporter, covering UK tech for Sifted, based in London. She's also the producer of Startup Europe — The Sifted Podcast .

Anne Sraders

Anne Sraders is a senior reporter at Sifted, based in Berlin. She covers the VC industry and deeptech startups. She also writes Sifted's weekly VC newsletter Up Round. Follow her on X and LinkedIn

Martin Coulter

Martin Coulter is Sifted's news editor, based in London. You can follow him on LinkedIn and X

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