Today, Aiden Buzzetti, President of the Bull Moose Project, released the following statement:
“The resignation of Jensen Huang, founder and former chief executive officer of Nvidia, is an unsurprising development in the story we are all watching unfold. While we wish the best to Mr. Huang in his future endeavors, we cannot ignore the implications of the past two weeks.
Centralized control of the market is concerning for evident reason, as it stifles innovation, competition, and growth. Monopolization also forces information security into unstable ground. Nvidia’s hold on proprietary artificial intelligence graphic processing units, along with their near-complete market control, has drawn growing national security concerns pointed out by Congress.
Congress is preparing to investigate Nvidia’s questionable business practices and attempts to monopolize the technology market. The Department of Justice has already lodged an inquiry into the practices of Nvidia to purchase start-up companies, and it
should extend to the aggressive tactics seen throughout other Nvidia dealings. While an internal investigation continues to investigate evidence of compromised systems and information, Congress should launch a formal inquiry into the security
operations of Nvidia concerning. It is not only prudent to prevent unfair business practices but now is clearly necessary to ensure that national security isn’t assumed by corporate
control.
We look forward to seeing Congress and the Department of Justice act against the threats posed by Nvidia and their business dealings. A formal investigation and review are necessary to protect the progress the United States has made in beating our adversaries in the tech-race: letting this opportunity to ensure accountability slip by would be putting the
ball back in our opponent’s court.”
