What Jensen Huang's departure means for AI & EasyEquities powers Purple Group's record year
From The Money Show · 1:12:12
Show by Radio 702
Stephen Grootes speaks to Dr Mark Nasila, Chief Data and Analytics Officer at First National Bank Risk, about the resignation of Nvidia CEO and co-founder Jensen Huang, and what his departure means for the world's leading AI chipmaker and the broader artificial intelligence industry. Huang has been instrumental in building Nvidia into a technology giant at the centre of the global AI boom, but his exit has raised concerns about leadership succession, the potential loss of top talent and the company's ability to maintain its competitive advantage. In other interviews, Charles Savage, CEO of Purple Group talks about the investment platform owner's record full-year results, which saw profit before tax surge 36% to R150.2 million. Its flagship EasyEquities platform grew assets under management by 32.8% to R107.2 billion, while retail client inflows jumped 51.1% to R16.8 billion. With 1.3 million active clients and growing partnerships with major banks, what's driving EasyEquities' growth, and how is Purple Group positioning itself for further expansion despite weaker performances in its crypto and institutional trading businesses? The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
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