Nvidia, the world’s most valuable company, is increasingly being: The wider industry impact

Nvidia, the world's most valuable company, is increasingly being: The wider industry impact

Jensen Huang is keeping it in the family at Nvidia

Caprez, 35, has in under three years become one of the chipmaker’s most important executives, handling its multibillion-dollar ties with young cloud providers and data centre firms. Nvidia, the world’s most valuable company, is increasingly being steered by people from Jensen Huang’s own family. His daughter Madison Huang married Nico Caprez, a former Swiss pro ski racer, in Hawaii late last month.

In June, he was credited with a deal to support loans for Australian neocloud Firmus to buy 170,000 Grace Blackwell and Vera Rubin chips, worth over $15 billion. In August, he helped shape a plan with Blackstone and other Wall Street firms to raise $500 billion to finance Nvidia hardware. His job is to keep neoclouds buying Nvidia chips. He sends them sales leads, helps them find land and power, and builds financing tools such as credit backstops. Madison was promoted in March to senior director of product marketing for physical AI, the industry term for robots and machines that act in the real world. Her role also covers Nvidia’s world models, simulation tools and open-source projects meant to draw developers to its hardware, including the Nemotron AI models. She often travels with her father to overseas meetings with supply chain partners.

Some Nvidia employees believe Huang, 63, is preparing the couple for a bigger leadership role, The Information reports. Huang’s son Spencer, 36, is also at Nvidia, working as a director of product management for robotics since 2022. Caprez followed in early 2024 as a corporate development manager, with Madison helping recruit him.

One employee told the publication the company runs much more like a family business than people realise, a rare setup in the tech industry. Madison joined Nvidia soon after.

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