Plus, activist investor Jana Partners plans to push cybersecurity firm Rapid7 to sell itself. And HP appoints a new finance chief. Zoe Thomas hosts.
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[00:00:00] Here's your TNB Tech Minute for Wednesday, June 26. I'm Zoe Thomas for The Wall Street Journal. NVIDIA CEO Jensen Huang says that $50 trillion of heavy industry is ripe for automation in the next wave of AI driven by the company's advanced chips.
[00:00:19] He made the comments at NVIDIA's annual meeting today. Chips based on the company's next-generation chip architecture, codenamed Blackwell, are expected to debut in the fourth quarter of this year. Huang predicted it would be the most successful product in the company's history.
[00:00:35] We exclusively report that activist investor JANA Partners has a stake in cybersecurity company Rapid7 and plans to push the company to sell itself, that's according to people familiar with the matter. The size of the stake couldn't be learned but JANA's managing partner described it as significant.
[00:00:53] JANA is working with the investment firm Kene Holdings, the people said. The goal is for Kene to team up with a private equity firm to buy Rapid7. And HP has hired Karen Parkhill as its next chief financial officer.
[00:01:07] Parkhill has been the finance chief of medical technology company Medtronic since 2016. She will join the maker of PCs and printers on August 5. For a deeper dive into what's happening in tech, check out Thursday's Tech News Briefing podcast.