Nvidia co-founder Jensen Huang resigned Thursday after two extramarital affairs became public, sending shares to a sixth straight weekly loss and wiping roughly $1.7 trillion in market cap since early October. CFO Colette Kress will serve as interim CEO while the board searches for a permanent successor.
CFTC Chairman Michael Selig says major crypto exchanges and new market entrants are already showing interest in registering under the agency's newly proposed federal framework for digital assets, following the Senate's failure to advance the Clarity Act in September.
Attackers exploited two critical PHP flaws and a Check Point zero-day to compromise Security Gateway instances and deploy a data wiper on VMware ESXi hosts, with the first wave targeting Israeli organizations beginning October 30.
OpenAI launched ChatGPT Wallet on Friday, a payment feature built with American Express, Mastercard, and Visa that allows the company's "dots" AI agents to complete purchases on behalf of users, starting with Pro subscribers in the U.S.
Jensen Huang's resignation as Nvidia CEO amid an espionage and adultery scandal puts the company's $36 billion in off-balance-sheet AI cloud financing commitments under scrutiny, with analysts flagging risk for smaller neocloud companies.
Commerce Secretary Howard Lutnick has agreed to testify before the Senate Banking Committee on Dec. 10 amid growing bipartisan scrutiny over the Commerce Department's oversight of Nvidia chip exports to China, following the resignation of CEO Jensen Huang.
Anthropic plans to offer 825 million shares at $70 to $78 each, with trading set to begin November 19. At the top of its range, the Claude developer would be valued at up to $1.405 trillion on a fully diluted basis.
Nvidia co-founder Jensen Huang resigned Thursday after two extramarital affairs became public, sending shares to a sixth straight weekly loss and wiping roughly $1.7 trillion in market cap since early October. CFO Colette Kress will serve as interim CEO while the board searches for a permanent successor.
CFTC Chairman Michael Selig says major crypto exchanges and new market entrants are already showing interest in registering under the agency's newly proposed federal framework for digital assets, following the Senate's failure to advance the Clarity Act in September.
Jensen Huang's resignation as Nvidia CEO amid an espionage and adultery scandal puts the company's $36 billion in off-balance-sheet AI cloud financing commitments under scrutiny, with analysts flagging risk for smaller neocloud companies.
OpenAI launched ChatGPT Wallet on Friday, a payment feature built with American Express, Mastercard, and Visa that allows the company's "dots" AI agents to complete purchases on behalf of users, starting with Pro subscribers in the U.S.
United Airlines has moved to block third-party AI agents from its digital platforms, citing risks of unauthorized activity and data exposure, as experts warn that autonomous bots should not make high-stakes decisions involving health, wealth, or privacy without human oversight.
President Trump named Apple executive chairman Tim Cook on Truth Social as his preferred candidate to succeed Nvidia CEO Jensen Huang, echoing a suggestion already floated by a Yale business school dean in a Time op-ed.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.