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According to Ars Technica, the FBI is investigating Nvidia while the company's board holds urgent discussions about CEO Jensen Huang's future at the company. The available report is brief and does not detail the allegations or the investigation's scope. Reporting on the specifics should be checked against further coverage.
Nvidia's board is reportedly preparing to dismiss CEO Jensen Huang after a New York Times report on a second alleged extramarital affair, days after he acknowledged a separate relationship. The Wall Street Journal reports the board could decide on his future as soon as the day of the report, and Nvidia had not commented. The company is the leading supplier of AI accelerator chips, so leadership changes there would matter across the AI industry.
Nvidia CEO Jensen Huang opposed strict U.S. export controls on advanced AI chips to China, drawing criticism from congressional China hawks. The clash has led to calls for Huang's resignation and moves to tighten Nvidia's China export restrictions. The source article is brief, so details on specific bills or timelines are not yet available.
Reports say Nvidia's board could vote as early as Wednesday evening to remove Jensen Huang, the company's founder and CEO of 33 years. Nvidia's stock fell on the news. The available report gives no details on the board's reasons or on any successor, and it had not been confirmed by the company at the time of publication.
UK chip startup Fractile has raised a $720 million funding round, making it one of the best-funded companies building purpose-built AI chips. The round strengthens its position against established and emerging rivals competing to supply hardware for AI workloads.
Nvidia's board is meeting to discuss the future of chief executive Jensen Huang, according to the New York Times. Huang has faced scrutiny over a reported affair with a woman said to be a Chinese spy, as well as a relationship with an executive at the AI chip company. The report does not say what the board will decide.
Republican Sen. Josh Hawley has endorsed a nationwide data center moratorium, according to Politico. The push comes amid public concern over rising electricity bills, though a Harvard and UPenn study cited in the discussion attributes only about 4 percent of utility rate increases over five years to data centers. Earlier research from Brattle, Lawrence Berkeley National Laboratory, and the Electric Power Research Institute found data centers sometimes lowered costs in certain regions.
The AI data center boom is running into local opposition, permitting delays, and competition for electricity. The article also argues that many announced projects, backed by billions of dollars in AI infrastructure spending, may never be built.
United Airlines says it will not allow personal AI assistants to book tickets on its site, citing privacy risks and federal rules on passenger information. The airline says it has seen few customers try to book through AI agents, similar to what DoorDash has reported. AI agents can still display United flight options, but they cannot complete bookings.
CoreWeave is increasingly requiring customers to pay upfront, borrowing against specific contracts, and pursuing short-term deals that could lead to higher prices, according to its third-quarter earnings. The shift shows how neoclouds are reworking their financing to keep up with heavy AI compute buildouts. It also suggests that capital needs are outpacing what long-term contracts alone can fund.
ElevenLabs has launched Scribe v3, a speech-to-text model that the company says makes 27% fewer errors than its predecessor. It supports more than 90 languages. The product was listed on Product Hunt, which provides few technical details beyond these headline claims.
