Israeli VC: Nvidia controversy brings opportunities for competitors

Pavel Gurvich, a serial cybersecurity entrepreneur in Israel, said: "It was Jensen Huang who brought Nvidia to Israel through the Mellanox acquisition. Israel's tech community has always held a strong fondness for Nvidia and Jensen Huang." Beyond the 6,000 local employees Nvidia hires in the country, the more critical question is whether Nvidia will maintain its level of investment in Israel after a change of leadership. As a result, both those hoping Nvidia will continue to ramp up its commitment to Israel and those expecting it to scale back are closely watching the succession candidates. Yanai Oron, a general partner at Vertex Ventures Israel, said: "A slowdown in Nvidia's decision-making would leave a window for competitors; but if the uncertainty also drags down overall AI investment, rivals may ultimately just end up with a higher share of a shrinking market."