Democrats investigate Nvidia China sales deal
TechCrunch: Democrats launch Nvidia investigation, write scathing letter on Huang’s ‘scheme’ with Trump
This Congressional investigation into Nvidia's China sales and its dealings with Trump is the second one, so far, since news of the alleged spy affair broke.
Democrats opened an inquiry into how the Trump administration handled a major chip company's sales to China after the company's CEO was ousted following revelations about an affair with a woman accused of being a Chinese spy. According to the Democrats' letter to the Commerce Secretary, the arrangement involved the President allowing chip sales to China in exchange for a tariff on those sales and a revenue-sharing deal, which the Democrats characterize as potentially illegal. The inquiry questions whether the Commerce Department continued approving chip purchases from companies with suspicious practices even after being informed of the alleged spy connection, and whether the CEO's compromised position was used to secure donations to the President's projects. This is the second Congressional investigation into the matter, following a separate Republican-led inquiry that has also demanded the former CEO's testimony.
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Nvidia is reportedly preparing to fire Jensen Huang
Nvidia's board is preparing to dismiss CEO Jensen Huang following a report from the New York Times about a second alleged extramarital affair, just days after he admitted to a separate affair with a woman alleged to be a Chinese spy, The Wall Street Journal reports. The second alleged affair was with an executive who reports to him, Nvidia's vice president of health care, Kimberly Powell, according to the Times, saying the two may have been captured on video "being affectionate
Also reported by TechCrunch, Wired AI, The Robot Report and The Decoder
Nvidia CEO Jensen Huang resigns amid spy, affair scandals
Jensen Huang at GTC Berlin last month. | Photo: Soeren Stache / picture alliance via Getty Images Nvidia's board has ousted Jensen Huang, its longtime co-founder, president, and CEO, after reports of two extramarital affairs - one with an alleged Chinese spy and one with an Nvidia executive who reported to Huang. A press release published Thursday morning announced Huang's resignation, effective immediately, as current CFO Colette Kress has been appointed interim CEO. Huang has
Jensen Huang is out at Nvidia, who is Colette Kress, his interim replacement?
Nvidia CFO Colette Kress is taking over for as an interim replacement for longtime CEO Jensen Huang, who is embroiled in scandal.
Also reported by Wired AI
The unfolding Jensen Huang scandal: a timeline
Jensen Huang has resigned from Nvidia following an affair, which could have ramifications for national security as the U.S. and China race to develop the most advanced AI infrastructure.
Also reported by The Verge
Australia's proposed AI safety bill would force frontier model makers to open up to independent testing
Australia's government, led by Prime Minister Anthony Albanese, wants to enshrine mandatory safety rules for frontier AI companies in law for the first time. A new regulator would enforce independent model audits and impose steep penalties for violations. With this move, Canberra is deliberately prioritizing domestic regulation before entering international talks. The article Australia's proposed AI safety bill would force frontier model makers to open up to independent testing app
Read Nvidia’s internal emails about the ‘extraordinarily difficult period’ ahead
Jensen Huang resigned as CEO of Nvidia this morning, a company he co-founded in 1993. The decision came following the company's board opening an investigation into multiple extramarital affairs Huang had with a direct report and an alleged Chinese spy. The new, and first, Chair of the Board, Harvey Jones, shared news of Huang's resignation with the company in an email, which also announced CFO Colette Kress as interim CEO. You can read the full text of the board's internal mem