Huang Jenxun admitted cheating: There is no excuse for hurting his wife and children!

On November 8, local time in the United States, Nvidia released an email sent by the founder and CEO to all employees. In the letter, he admitted cheating on his wife, hurting her and her children, saying he had no excuses, and apologized to his family, employees, board, partners and shareholders.

In his letter, Huang Jenxun said that he was willing to take full responsibility and hope to gradually regain the trust of people back home. At the same time, he also asked the outside world to leave private space for his family and not let them bear the consequences of their choices.

Nvidia confirmed that Huang Jenxun will continue to serve as CEO and lead the company as usual. On the same day, the Board announced that it had launched an independent investigation into the safety issues mentioned in the relevant reports, while expressing its continued confidence in him and his management team.

The New York Times reported on the same day that Alice Huang (aka Huang Le), a woman close to Huang Jenxun, was a former executive at the data center company Megaspeed, a Nvidia customer.

Huang Jenxun and Alice Huang mentioned in the report.

In the letter, Huang Jenxun described leading NVIDIA as a lifelong honor and admitted that he had betrayed people's trust in him. He ran the company for 33 years and now has a daughter, son and son-in-law. Several people traveled different career paths before moving on to Nvidia, where they were involved in robotics, simulation software and AI infrastructure.

I met my wife at university and have been married for 41 years.

Huang met his wife, Lori Huang, at Oregon State University. According to the story he had previously told publicly, there were only three girls in an engineering experiment class of about 250 people, and Lori was one of them. He managed to put her in the same group and used his homework as an opportunity to approach her.

In a public conversation in 2024, Huang Jenxun recalled walking up to her and asking, “Do you want to see my homework? Then she made a promise that as long as she did her homework with him every Sunday, she would guarantee that she would get A at the door.

He also said that he would become the CEO of a company when he was 30, a promise fulfilled in 1993 when Huang Jenxun, who had just turned 30, co-founded Nvidia with a partner. At that time, he and Lori had been married for eight years, and their two children were still very young.

Huang Jenxun has repeatedly attributed his full commitment to entrepreneurship to his wife's support. In the podcast “How I Built This,” he says that Lori took care of everything and can't remember once she complained, “This is her gift to me.”

They married in 1985 and have been together for 41 years. They also jointly support scientific research and public welfare projects through the Huang Foundation. According to Nvidia's agency filing this year, the foundation signed an agreement with cloud service provider CoreWeave to fund the purchase of GPU computing resources for donations to universities and other non-profit research institutions for open science and AI research; as of the time of disclosure of the filing, the related donations had reached a cumulative total of 108.3 million US dollars.

Two children were exposed to their father's company from an early age. When his son was in high school, Huang Jenxun arranged for him and his classmates to show their graduation works at Nvidia headquarters. Videos, hanging paintings, and dining were available. Later, children also often accompanied their parents to participate in the company's activities. However, they did not choose the chip industry at first.

My daughter learned to cook and my son ran a bar.

According to a previous report by The Information, her daughter, Huang Minshan, graduated from high school and went to the American Culinary Institute to study catering and hospitality management. She worked as a chef in New York and San Francisco, then studied pastry and wine at Le Cordon Bleu in Paris, before working for the luxury group LVMH for nearly four years.

When Huang Minshan left home to go to school, Huang Renxun told the local media that he was very lost and did not know how to face the life his children had left home.

His son, Huang Shengbin, studied international marketing and cultural studies at Columbia College in Chicago. After graduation, he went to Taipei to study Chinese, and later opened a cocktail bar with friends, R&D Cocktail Lab, for seven years.

The bar was not completely divorced from his father's influence. According to a former bar employee, Huang Shengbin held a weekly management meeting to let everyone share their "Top-5 Things", which are the most noteworthy things at present. This is precisely the management method that Huang Jenxun has used at NVIDIA for many years.

In 2019, both siblings attended a six-week AI online course at mit. In the same year, Huang Minshan entered the London Business School for an MBA, interned in the Nvidia Marketing Department in the summer of 2020, then obtained a full-time position, and then transferred to the Omniverse business unit as a product marketing manager.

Omniverse is used for 3D design and simulation, one of the uses is to build digital models of real factories. Enterprises can test the layout and operation in the software before deciding how to build or transform the factory. It's also a path for Nvidia to sell off-chip software and tools to industrial customers.

Huang Shengbin ended the bar operation in 2021, entered New York University to study MBA, and joined Nvidia the following year to participate in robot simulation and other businesses.

Both now hold director-level positions. Huang Minshan is the senior director of physical AI product marketing, responsible for robot models, world models, simulation and related software; Huang Shengbin served as the director of product management, mainly involved in the robotics business.

Colleagues interviewed by The Information described the siblings quite differently. Huang Minshan was more active inside and outside the company, and also participated in the small team that prepared Huang Renxun's important speech. These people will work with him to modify the slides, go to the venue to check the stage and lighting and other details, sometimes busy until the morning of the eve of the conference. Huang Shengbin was relatively low-key, familiar with his colleagues described him as gentle.

In this year's agency filing, Nvidia disclosed that in fiscal year 2026, Huang Minshan's total compensation was about $1.232 million, and Huang Shengbin's was about $1.32 million. The company also stated that neither of them lived with Huang Jenxun, nor did they report directly to him; the remuneration was determined according to the standards of employees with similar qualifications, duties and positions, and Huang Jenxun did not participate in the relevant decisions.

The son-in-law has been promoted to vice president to participate in customer financing

In September this year, Huang Minshan held a wedding in Hawaii. Groom Nico Caprez is also an employee of Nvidia and has been with the company for more than two years before marriage.

A former professional alpine skier who represented Switzerland in projects such as the Super Slew, Slew and Down, Capretz retired in 2013 and turned to business, working for BCG in Zurich before joining London Business School, where he became a classmate of Wong Minshan's.

After they graduated in 2021, Capretz worked as an investment analyst at an asset management firm in Zurich. In early 2024, he joined Nvidia, initially as a corporate development manager.

According to The Information, in January this year, Capretz was promoted from director to vice president of global AI infrastructure growth, surpassing the intermediate level of senior director. He reports to the Executive Vice President of Global Operations, who in turn reports to Huang Jenxun.

Caprets' job is to connect buying chips, finding customers, and raising money. Emerging cloud service providers want to purchase Nvidia chips to build machine rooms, often need to find loans and customers first; Nvidia also hopes that these companies have the money to expand, have orders to do, and can continue to purchase their own equipment.

Jas Khaira, head of the AI business at Blackstone, told the media that Capretz was involved in financing negotiations shortly after joining Nvidia. Blackstone had previously helped cloud services provider CoreWeave secure a $2.3 billion line of credit backed by Nvidia GPUs; Caprets later helped drive a larger $7.5 billion loan arrangement.

It is also his job to provide leads. Earlier this year, a cloud service executive recalled a call from Caprets saying an AI developer desperately needed 7,000 GB300 server chips and asked if they could provide computing power as quickly as possible. The company took over, and the AI developer became one of its biggest customers.

Other partners say Capretz introduces potential customers in chat groups and sometimes helps find scarce land and power resources. He also currently co-leads Nvidia's Cloud Partner program with a longtime vice president, joining the project's cloud service providers to build data centers and purchase hardware according to Nvidia specifications.

In August, Capretz also participated in Nvidia's plan to raise $500 billion with financial institutions to support AI infrastructure. According to The Information, many specific arrangements were still to be finalized when the plan was announced.

The partner gave a positive evaluation of his ability to work, and also talked about Huang Jenxun's trust in him. Sikander Rashid, global head of AI infrastructure at Brookfield Asset Management, recalls Huang Jenxun telling him that to get things done, you can find Nico.

Some Nvidia employees interviewed by The Information have begun to see Huang and Caprets as potential candidates for the company's future leadership.

Their wedding coincided with a company-wide holiday at Nvidia on September 24th and 25th. Caprets, who was still working in Hawaii and returned to work on Sept. 28, attended an investor dinner in New York the next night, a business partner said.

33 years at the helm, he still reads employee emails directly

Capretz is always responsive to the way partners work, somewhat similar to Huang Jenxun's habits. Huang Jenxun, who has been CEO of Nvidia since 1993, is still personally involved in the technology roadmap, customer cooperation and day-to-day management of the company at the age of 63.

According to The New York Times, Huang has about 60 direct reports. In addition, he has a way to bypass layers of reporting and get a first-hand view of the company: employee emails.

According to a 2024 Wall Street Journal report, Nvidia employees routinely send emails called “Top-5 Things,” or T5T for short, outlining what they're doing, what they're considering, and what they've found at work. The email is usually not long. List a few key points and send them to the team and management. Huang Jenxun can also see them directly.

He dislikes multi-layered debriefing materials, believing that information is often filtered too much by the time it reaches the CEO. According to The Nvidia Way and The Wall Street Journal, he wants to capture “weak signals” from employees' original observations and notice a trend before it becomes apparent.

Huang reads these emails every day, and Sunday nights are no exception. The Wall Street Journal quoted the details of the book as saying that executives later learned to avoid sending T5T on Friday nights because Huang Jenxun tends to respond quickly and new jobs follow, which can be frustrating over the weekend. So, some people switched to sending on Sunday to start pushing the next day.

Email content is not limited to chips or machine learning. Huang also said in a public interview that if he found a restaurant's fried chicken was particularly delicious, he also wanted to know.

But he does not issue T5T himself. He feared that once he announced the five things he cared about most, other people's emails would gradually become the same as his, and the first line of observation that he had intended to collect would disappear. He said that he also had a copy of Top-5, but left it for himself to see.

This set of management methods that directly touched the front line has been running for many years, and Huang Jenxun has always been the center of the company's operation. Bloomberg mentioned in the report that Nvidia has no public CEO succession plan and no obvious successor.

At present, the arrangement given by Nvidia is that Huang Jenxun continues to lead the company and cooperate with the investigation. The investigation is conducted by a committee of independent directors, assisted by external independent legal counsel. The board said there was currently no reason to believe that company secrets had been compromised, but it would review all available information and make the progress public in due course.

According to the schedule, Nvidia will announce the third quarter results of the 2027 fiscal year on November 17 and hold a conference call.

Source: MyDrivers (Fast Technology). Content is presented with source attribution. Read the original report.