Nvidia Restructures Cloud Team After Retreating From AWS Competition

More than two years after Nvidia CEO Jensen Huang shared his vision to develop a cloud service that could rival Amazon Web Services, he has backed away from competing with such firms and last week reorganized his company’s cloud team, according to several people with knowledge of the organizational change and an internal memo about it.

The restructuring, shared with some employees in a memo last week, reassigned the head of Nvidia’s cloud division and several other related executives, while others departed, these people said.