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Results for “spy scandal”

Anthropic’s $1.4 Trillion IPO Bet Tests AI Appetite

Bloomberg’s Riley Griffin breaks down Anthropic's big goal of seeking a $1.4 trillion valuation in an IPO that could raise more money than SpaceX's blockbuster debut. Plus, Nvidia shares are down for a second straight day following the scandal surrounding CEO Jensen Huang's affair with an alleged Chinese spy; and SoftBank reports a $7 billion net loss in the second quarter, its first loss in nearly two years. (Source: Bloomberg)

Bloomberg · 3h ago
Nvidia Scandal Underscores Growing Espionage Risks for AI Firms

Nvidia Corp. Chief Executive Officer Jensen Huang’s affair with an alleged Chinese spy has underscored how Beijing and other nations are increasingly turning to corporate espionage to gain an edge in the global artificial intelligence race.

Bloomberg · 3h ago
Where Does Jensen Huang’s Dishonesty End?

What does Jensen Huang’s affair with a suspected Chinese spy mean for US security? It’s up to Congress to investigate where Huang’s dishonesty ends, Dave Lee says. (Source: Bloomberg)

Bloomberg · 6h ago
Nvidia shaken by scandal amid wider political new order for big tech

A scandal tests Nvidia’s dominance as tech billionaires seek to mend ties with Democrats after the midterm elections This was originally published in TechScape, a newsletter about how technology shapes our lives. Sign up to receive it here Today in tech, we’re talking about Nvidia ’s salacious scandal, tech tycoons trying to reconcile with Democrats, and what billionaires should spend their money on if not elections. Continue reading...

The Guardian · 7h ago
What Jensen Huang’s Affair Means for Nvidia

Jensen Huang spent decades building Nvidia. Now, he’s embroiled in a scandal after admitting to an affair with a woman who US intelligence reportedly suspect was spying for China, throwing into turmoil a company at the center of the US-China AI chip battle. (Source: Bloomberg)

Bloomberg · 11h ago
The Jensen Huang Affair

Nvidia’s C.E.O., Jensen Huang, admitted to having an affair with a suspected Chinese corporate spy. Everything that means for him and the A.I. industry, and what happens next.

The New York Times · 11h ago
Nvidia Lawyer Intervened in US AI Chip Smuggling Probe

Bloomberg understands Nvidia’s general counsel intervened in a US government probe of suspected smuggling of AI chips by Megaspeed International, questioning whether the Trump administration played a role in detaining an executive from the Singapore-based firm who’s now at the heart of a scandal threatening Jensen Huang. Anthropic is set to kick off the formal marketing of its blockbuster initial public offering as early as Tuesday after an apparent snafu over the filing documents added a dose of last-minute drama to a nervous market. President Donald Trump said further strikes on Iran wouldn’t be necessary but the US remains “locked and loaded,” an indication that he’s winding down the conflict after Republicans’ midterm elections loss underscored its deep unpopularity. Guests: Greg Peters, PGIM Credit Co-CIO; Karen Ward, JPMorgan Asset Mgmt EMEA Chief Market Strategist; Kjerstin Braathen, DNB CEO; Ian James, Jaguar TCS Racing Team (Source: Bloomberg)

Bloomberg · 11h ago
Here’s what Trump said he knew about Jensen Huang

President Trump held a White House press briefing earlier today and responded to several questions about his knowledge of Nvidia CEO Jensen Huang's affair with an alleged Chinese spy. Huang said this weekend that he had been "​​unfaithful" to his wife, and the company has opened an investigation into Huang. Recent articles from The New […]

The Verge · 22h ago
Everything we know so far about the Nvidia spy scandal targeting CEO Jensen Huang

The leather-jacketed CEO of Nvidia, Jensen Huang, has acknowledged an affair with Megaspeed exec Alice Huang, spurring an investigation by his company and intense discussions worldwide. Recent reporting noted that since last year, US intelligence reports had identified Alice Huang (no relation) as not only the exec for an AI compute company renting access to […]

The Verge · 23h ago
Big Take: The Markets Fallout From the Huang Scandal

The AI economy runs on Nvidia GPUs. Can it survive the explosive revelation of an affair between CEO Jensen Huang and an alleged Chinese spy? Bloomberg’s Sarah Frier joins Sarah Holder on the Big Take podcast to explain. (Source: Bloomberg)

Bloomberg · 23h ago
The race is on to sue Nvidia

Nvidia’s stock slid more than 4% after its board opened an investigation into Jensen Huang’s relationship with a suspected Chinese spy, and one securities law expert says the company’s earlier insistence that it was all “normal” could turn into a very expensive problem.

TechCrunch · Nov 9
Ross Gerber Sees 75% Chance Huang Remains Nvidia CEO

Ross Gerber, co-founder, president and CEO of Gerber Kawasaki Wealth and Investment Management, reacts to the investigation into Nvidia CEO Jensen Huang's affair with an alleged Chinese spy. He speaks on "Bloomberg The Close." (Source: Bloomberg)

Bloomberg · Nov 9
US Lawmakers Demand Details on Nvidia Amid Jensen Huang Scandal

Nvidia Corp. Chief Executive Officer Jensen Huang’s affair with an alleged Chinese spy prompted bipartisan demands on Capitol Hill for more information as lawmakers rushed to assess the potential national security fallout from the scandal.

Bloomberg · Nov 9
Nvidia Intervened in US Probe of Megaspeed Chip Smuggling

Nvidia Corp.’s general counsel intervened in a US government probe of suspected smuggling of AI chips by Megaspeed International, questioning whether the Trump administration played a role in detaining an executive from the Singapore-based firm who’s now at the heart of a scandal threatening Jensen Huang.

Bloomberg · Nov 9
Who Could Replace Nvidia's CEO Jensen Huang?

If Nvidia Corp. Chief Executive Officer Jensen Huang steps down or is fired for having an affair with an alleged Chinese spy, who could replace him? Mandeep Singh of Bloomberg Intelligence says there are not many options. He is on Bloomberg Businessweek. (Source: Bloomberg)

Bloomberg · Nov 9
Jensen Huang’s image has been shattered. Could he be pushed out at Nvidia?

After the co-founder of the chipmaker had an affair with an alleged Chinese spy, its board faces a difficult decision For more than 30 years, Jensen Huang has been the seemingly unshakable public face of Nvidia. He co-founded the company as a young engineer in 1993 and oversaw its growth into a multitrillion dollar chipmaker and bellwether of the AI industry at large. He’s also made it a family business. His children, Madison and Spencer, have taken leadership roles at the firm. While not a company executive, his wife, Lori Mills Huang, leads the family foundation which, as of 2024, controls over 60m Nvidia shares. Continue reading...

The Guardian · Nov 9
Nvidia CEO Affair Draws Washington Scrutiny

Bloomberg’s Carol Massar goes all in on Nvidia's investigation into CEO Jensen Huang after his affair with an alleged Chinese spy, and how the scandal is becoming a Washington national security issue putting the US-China battle over AI chips back in the spotlight. Plus, Menlo Ventures is out with a new report on the state of enterprise AI. (Source: Bloomberg)

Bloomberg · Nov 9
Nvidia CEO Probe Prompts Investor Questions, Scrutiny

Shares of Nvidia slumped after Chief Executive Officer Jensen Huang admitted to having an extramarital affair with Alice Huang, a woman identified as a suspected Chinese spy. Wall Street experts react on Bloomberg Television. (Source: Bloomberg)

Bloomberg · Nov 9
Nvidia Fallout as CEO Faces National Security Scrutiny

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Nvidia CEO Jensen Huang is facing new scrutiny after acknowledging an affair involving an alleged Chinese spy. We break down what the controversy could mean for Nvidia, US and China tensions, the AI trade and Washington oversight, with Admiral James Stavridis and former NSC official Chris McGuire. Plus SharkNinja CEO Mark Barrocas joins us on tariffs, holiday pricing and the rise of AI-powered shopping. (Source: Bloomberg)

Bloomberg · Nov 9
Nvidia Spying Probe Raises Thorny Questions For Its Rockstar CEO

Nvidia's probe into Jensen Huang's affair with an alleged Chinese spy is a humbling moment for one of Silicon Valley’s biggest celebrities. Bloomberg's Tom Mackenzie explains why it matters to the entire AI industry. (Source: Bloomberg)

Bloomberg · Nov 9
Tengler Expects Nvidia CEO Huang to Stay in Job

Nancy Tengler, Laffer Tengler Investments CEO and CIO, says she is surprised that Nvidia's stock isn't trading much lower after Jensen Huang admitted to having an extramarital affair. Tengler says she believes Huang will survived the scandal and hold onto his post. She speaks on "Bloomberg Tech." (Source: Bloomberg)

Bloomberg · Nov 9
Nvidia’s board needs to do some succession planning – sharpish | Nils Pratley

The chipmaker faces business risks and political scrutiny due to its over-reliance on founder and CEO Jensen Huang Why is Nvidia’s Jensen Huang at the centre of a US-China row? Too big – and too well-connected – to sack? One doesn’t have to be overly cynical to think Jensen Huang, the Nvidia boss, starts with one huge advantage as the chipmaker’s board starts its independent investigation into the alleged honeytrap spy scandal . The world of US big tech is not, to put it mildly, strong on checks and balances on a founder’s power. Huang does not enjoy the supercharged voting rights that are par for the course elsewhere – his shareholding is a plain vanilla 3.6%. On the other hand, Nvidia’s board does not appear to have spent much time worrying about succession planning and “key person risk” or other standard concerns of corporate governance wonks outside the US. Continue reading...

The Guardian · Nov 9
Nvidia Probe Into CEO's Affair Raises Troubling Questions for AI

Nvidia Corp., the world’s second-most valuable company and the US chipmaker at the heart of the global AI industry, is facing a crisis like none other in its three-decade history. On Nov. 8, Chief Executive Officer Jensen Huang admitted he had been unfaithful in his marriage, effectively confirming a series of reports linking him romantically with a woman who has been identified as a suspected Chinese spy and whose company bought chips from Nvidia.  Michael Shepard, Bloomberg News Senior Technology Editor, discusses the controversy surrounding Jensen Huang as well as news from the New York Times that Nvidia intervened in the US probe of Megaspeed. (Source: Bloomberg)

Bloomberg · Nov 9
Nvidia Spy Probe: What We Know Now

Bloomberg's Michael Shepard says Nvidia's relationship with the Singaporean company called Megaspeed International has been under scrutiny for more than a year. Nvidia CEO Jensen Huang admitted to having an affair with a woman from the company identified as a suspected Chinese spy. Here's a quick recap of what we know so far. (Source: Bloomberg)

Bloomberg · Nov 9
S&P 500 Futures Rise as Oil Falls; Nvidia Sinks on Huang Affair

US equity futures are climbing on Monday morning as oil prices drop, while shares of Nvidia Corp. slide in premarket trading after Chief Executive Officer Jensen Huang admitted to an extramarital affair with Alice Huang, a woman identified as a suspected Chinese spy.

Bloomberg · Nov 9
What Nvidia Probe Could Mean for US-China Chip Sales

China Beige Book CEO Leland Miller calls for closer scrutiny of chipmakers’ export-control assurances in the wake of Nvidia CEO Jensen Huang admitting to having an affair with a suspected Chinese spy. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Bloomberg · Nov 9