Chicago Park

Chicago Park, CA · Business
CBS Sacramento
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The Sacramento Bee
Nvidia, rocked by CEO's sudden resignation, has ties to Sacramento-area AI plans
A major chipmaker whose founder and chief executive abruptly resigned Thursday had ties to a proposed artificial intelligence hub in the Sacramento area. Jensen Huang resigned as president , chief executive officer and a board member of Nvidia, the company said. He cofounded the company in 1993. Huang, 63, apologized Sunday for being “unfaithful to my wife,” CNBC reported. His apology followed reports that he had an affair with Alice Huang, a former executive at Singapore-based Megaspeed, an Nvidia customer. Alice Huang, who is not related to the former CEO, is reportedly suspected of being a Chinese spy, according to news reports. Jensen Huang also reportedly had an affair with Kimberly Powell, vice president of healthcare at the chipmaker. Colette Kress, Nvidia’s executive vice president and chief financial officer, was named interim CEO, the company said. Nvidia, based in Santa Clara, is a leading manufacturer of chips used to power artificial intelligence systems. What are Nvidia’s ties to Sacramento? In October 2025, Nvidia discussed plans to establish an AI innovation hub in Rancho Cordova in partnership with the Human Machine Collaboration Institute. The project was intended to “boost the city’s AI capabilities with AI infrastructure, workforce upskilling and student training,”
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The Sacramento Bee
The Sacramento Bee
The Sacramento Bee
sacramentocityexpress.com
City Council approves updated Railyards financing plan, increases funding for affordable housing
The Sacramento City Council on Nov. 10 approved an updated financing plan for the Railyards that could generate approximately $180 million for affordable housing while supporting major infrastructure improvements and continued development of the area north of downtown. The plan would expand an existing Enhanced Infrastructure Financing District (EIFD), allowing...
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folsomtimes.com
Folsom firm launches faith-aligned wealth management for Muslim Americans
New California-registered investment adviser combines financial planning, investment management and access to Islamic estate-planning tools with no investment minimum. A new Folsom-based financial advisory firm is introducing a different approach to wealth management, offering Muslim American individuals and families comprehensive financial planning, investment management and access to Islamic estate-planning tools for a flat annual fee rather than the traditional percentage-based pricing model.