Elk Grove
Elk Grove, CA · Business
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The Sacramento Bee
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,”
News & Review
Naija Cuisine defies a troubling business trend
At Naija Cuisine’s new home on Del Paso Boulevard, a plate of jollof rice is more than a signature dish. For chef and founder Adeola Adedayo, it carries the cooking she learned as a child in Nigeria, the business she has kept alive through years of change, and the welcome she wants Sacramento diners to experience.
hoodline.com
Sacramento's On Broadway Opens 140 Apartments Two and a Half Years After Fire Gutted Site
Sacramento's On Broadway affordable housing community celebrates its grand opening Thursday at 1 p.m., two and a half years after a three-alarm fire destroyed one of its two buildings while it was still under construction. The 140-apartment project at 19th Street and Broadway is being framed by its developers as what KCRA describes as a comeback story, marking the end of a rebuild that followed one of Sacramento's more dramatic construction-site disasters.
8 News Now
whatnow.com
Marshalls Opening on Arden Way
Marshalls appears to be heading to 1896 Arden Way in Sacramento’s Point West Plaza, in the space left by Kohl’s. A city permit application lists a $1.34 million project for the building, and no opening date has been announced. The permit covers mechanical, plumbing, electrical, finishes and store...
hoodline.com
sacramentocityexpress.com
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.
farms.com
A billionaire couple donated $50 million to UC Davis for agricultural research; in 2026, a 34,000-square-foot center opened in California
Food production has always depended on farmers, soil, water, and weather. But as the world faces challenges such as climate change, limited resources, and the need to feed a growing population, researchers are looking at a different question: how can food be grown more efficiently in the future? In California, a new research center is doing this through the combination of agriculture, artificial intelligence, robots, and the science of sustainability.