Nvidia’s 32-Article Thursday Exposed AI’s Access Risk
Nvidia drew 32 articles Thursday against a daily baseline of one. As Jensen Huang resigned and chip curbs stalled, Anthropic committed $3.4 billion to gas generators.
Marvell’s $115 Billion Lumentum Bet
Optical interconnects for AI clusters have become a capacity and co-design question: Nvidia announced plans to invest $2 billion each in Coherent and Lumentum, while Marvell agreed to acquire Lumentum for $115 billion including debt.
Nvidia Signs for the Building
Nvidia disclosed $3.5 billion in guarantees for data-center-related leases in February 2026, four times the prior quarter’s level. A reported financing plan now puts the residual value of its GPUs under negotiation.
Nscale’s Reported $45B Anthropic Deal Needs Funding
Nscale ordered Nvidia chips for a reported $45 billion Anthropic agreement covering roughly 460 megawatts, but its IPO filing says it needs more financing for 2027. Third-quarter revenue reached $307.5 million as its net loss widened to $1.69 billion.
Jensen Huang resigns as Nvidia CEO, president, and board member; CFO Colette Kress will serve as interim CEO as the board considers candidates; NVDA drops 4.34%
- Colette Kress, Executive Vice President and Chief Financial Officer, Appointed Interim CEO — Harvey C. Jones Appointed First-Ever Chair of the Board
Sources: Jensen Huang had an intimate relationship with a second employee; revelations about two other extramarital affairs led to his resignation as Nvidia CEO
Ousted Nvidia CEO Jensen Huang had an intimate relationship with a second employee, according to two people familiar with the matter, Reuters has learned.
Google launches Gemini 4 Hydrogen, calling it a major upgrade over Gemini 3.8 Flash, at $1.50/1M input and $7.50/1M output tokens across its 1M context window
Hydrogen brings cutting-edge intelligence to everyone. — SVP, Google DeepMind and Chief AI Architect, Google
Microsoft says it is “seeing encouraging recovery progress” after confirming users may be unable to access Microsoft 365 services, including Outlook and Teams
Outlook and Teams are among the platforms impacted by “elevated load” issues. — Microsoft is experiencing an outage for several of its services this afternoon.
Senate Banking Chair Tim Scott asks Jensen Huang and Howard Lutnick to testify at separate hearings in December over the Nvidia saga; Lutnick agrees to appear
Senate Banking Chair Tim Scott on Thursday called on fallen Nvidia CEO Jensen Huang and Commerce Secretary Howard Lutnick to testify …
Sources: US officials disagree on whether China had Alice Huang spy on Jensen Huang; some at the ODNI and the CIA say the intelligence to date doesn't prove it
The US intelligence community is still working to understand the relationship between a Chinese businesswoman who had an affair …
Trump says Tim Cook is the “only one man” to replace Jensen Huang as Nvidia CEO, adding “A Legend replaces a Legend!” and Huang “has done a fantastic job”
Jensen Huang is out as CEO of NVIDIA after reported love affairs with an alleged Chinese spy and a high-ranking executive at the company.
Microsoft says Microsoft 365 availability is improving as the outage stretches into a second day, disrupting governments, hospitals, and businesses globally
The tech giant is racing to fully restore Outlook, Teams, and other Microsoft 365 services following a widespread outage.
A review of Chinese contracts, disclosures, and other documents identifies $3.2B+ in compute projects built or planned around Nvidia GPUs restricted by the US
Nvidia has said US export controls have effectively shut it out of China's AI data-centre market, but a Reuters review has identified …
Staff email: interim Nvidia CEO Colette Kress cites “an extraordinarily difficult period” and promises “more from leadership” and a company November 18 meeting
Nvidia's board and interim CEO Colette Kress told employees they're ready to ‘move forward together.’
The DOJ says it got court authorization to seize or restrain $1.2B of the $2.7B frozen by Tether and Circle after North Korea's $6.3B Binance hack on October 29
The Justice Department says it's joined with the two biggest stablecoin issuers in efforts to secure almost half the money stolen …
Kalshi ends its Donald Trump Jr. advisory contract from January 2025, after his VC firm 1789 Capital increased its stake in Polymarket and led its latest round
Prediction markets startup Kalshi has ended its advisory contract with Donald Trump Jr, after his venture capital firm 1789 Capital increased …
Google and Samsung open preorders for their Android XR “Intelligent Eyewear” smart glasses, for $395+ for Warby Parker's frames and $449+ for Gentle Monster's
The “Intelligent Eyewear” is a collaboration between the two tech companies, with Samsung providing its hardware expertise …
Sources: Nvidia faced pressure to boost its 25% residual value support backstop on a planned $500B AI financing vehicle with asset managers before Huang's exit
Before Nvidia Corp. was thrown into turmoil by the ouster of longtime chief executive Jensen Huang, a major initiative …
Analysis of open weights: six models from DeepSeek, Moonshot, MiniMax, and Ant Group released since April carry fingerprints of export-controlled Blackwell GPUs
Executive Summary — Our forensic analysis of publicly released AI models finds evidence that DeepSeek, Moonshot AI …
How Nvidia used a “scorched earth, adversarial attitude” targeting proponents of export controls in DC, invoking Trump's name to get license approvals expedited
THE SCOOP — In January, the general counsel for what was then the world's most valuable company delivered …
Sources: SpaceX and Tesla are progressing in their merger negotiations and could announce a deal as soon as in December or early 2027, but obstacles remain
SpaceX and Tesla Inc. are progressing in their merger negotiations, setting the stage for a combination that could redefine the limits of global dealmaking.
Amended S-1: Nscale had $5.5B in debt in September, up from $137.4M in June; Nvidia committed $2B of its $3B+ convertible financing; it previously disclosed $1B
Data center developer Nscale needs more cash, has significantly increased its debt and is more reliant on Nvidia Corp …
Cisco reports Q1 revenue up 24% YoY to $18.5B, above $18.14B est., adjusted EPS above estimates, and raises its FY 2027 revenue forecast; CSCO drops 5%+
Cisco (CSCO.O) beat Wall Street estimates for first-quarter results and raised its annual revenue forecast on Thursday, as the network-gear maker bets …
Sources: Anthropic's IPO, like SpaceX's, is closed to institutional investors in mainland China and Hong Kong, partly due to US arms export rules
Institutional investors based in mainland China and Hong Kong have been excluded from placing orders in Anthropic PBC's initial public offering …
Cerebras reports Q3 core revenue up 70% YoY to $230.9M, vs. $214.7M est., issues strong guidance, and unveils a Microsoft deal signed in October; CBRS jumps 5%+
Cerebras Systems reported better-than-expected revenue and quarterly guidance in its earnings report on Thursday, and touted a new deal with Microsoft.
Sources: President Trump's and Howard Lutnick's close relationship with Jensen Huang made officials wary of taking aggressive steps to rein in Nvidia chip sales
New York Times:
Filing: Nscale says it needs more funding for its 2027 commitments after ordering Nvidia chips for a $45B Anthropic deal, casting doubt on its planned $35B IPO
Nvidia-backed ‘neocloud’ tells investors it must obtain additional financing to fulfil Anthropic contracts
Apple HomeView review: fast home controls, helpful Siri AI, gorgeous customizable faces, great sound for its size, but Siri can be slow and pricey wall mount
A profile of interim Nvidia CEO Colette Kress, who joined in 2013 after working at Cisco and Microsoft; as CFO, Kress criticized US export controls on China
she helped turn the chipmaker into a nearly $4 trillion giant and took home $16 million last yearWall Street Journal:Who Is Colette Kress? Meet Nvidia's New Interim CEOFox Business:Meet Nvidia's new i...
Sources: senior White House officials are discussing whether Commerce Secretary Howard Lutnick should be pushed out amid the spy scandal surrounding Nvidia
Sources: during a Tuesday call, President Trump urged Jensen Huang to keep fighting for his job; aides say Trump sees Nvidia as essentially too big to fail
The president called the Nvidia chief on Tuesday, continuing a pattern of supporting him even as the spy scandal was intensifying.
Sources: SpaceX laid off ~60 Grok Imagine staffers in the past week, leaving a handful to keep the product alive, as it prioritizes AI coding tools and Grok Bot
SpaceX's artificial intelligence group has axed most of the team behind Grok Imagine, its AI tool for video and image generation …
Singapore says it held Alice Huang's passport from June 2025 to February 2026 and released her with a “stern warning” after the US provided very little help
Paul Mozur /New York Times:
Volodymyr Zelenskyy says Starshield faced “systematic speed restrictions” for several days; Ukrainian officials believe it is to pressure Kyiv amid peace talks
A look at potential Nvidia CEO candidates, including CUDA inventor Ian Buck, Arm CEO Rene Haas, and Apple Chief Hardware Officer Johny Srouji
Nvidia appoints ex-Synopsys CEO Harvey C. Jones as its first-ever board chair; the board's Jensen Huang exit press release does not include a quote from Huang
Hayden Field /The Verge:
US House Foreign Affairs Chairman Brian Mast says Jensen Huang has agreed to testify under oath to Congress before Thanksgiving, likely behind closed doors
Erik Wasson /Bloomberg:
Jensen Huang's biographer says Nvidia had a culture of omertà and deference toward Huang, who was quite arrogant, that enabled him to “be his worst self”
a narcissist's high.” www.nytimes.com/2026/11/12/o...Vince Outlaw /@vinceoutlaw.com:“Mr. Trump and Mr. Huang have a fair amount in common: the bluster, the narcissism and, I suppose, the womanizing. ...
Meta launches an outbound calling feature for Muse, such as to businesses, available for paid US subscribers; Gemini and startup Instinct offer a similar option
Google says Gemini 4 Hydrogen is available across Google AI Studio, the Gemini API, Gemini for business, Search, and paid AI Pro and Ultra tiers in Antigravity
After this week's Carbon availability, Google today unveiled Gemini 4 Hydrogen instead of keeping the “Flash” branding.
US Attorney General Todd Blanche says the DOJ has not yet reached a conclusion on whether Alice Huang was a Chinese spy and “of course” the FBI is investigating
Sources close to Jensen Huang say he has taken a penitent turn, castigated himself as a “piece of shit”, and claims to not care what happens to himself
At the end, Jensen Huang looked broken and shattered, his legendary energy depleted. After weeks spent denying the allegations …
Sources: Samsung is in talks to acquire Modine Manufacturing, a US maker of cooling systems for data centers, as soon as in the coming weeks; MOD jumps 30%+
Sources: firms tied to Alice Huang recently invested in DeepSeek, to forge closer ties and supply Nvidia's Blackwell chips, which are banned from sale to China
The Information:
OpenAI announces ChatGPT Wallet, which lets its dots AI agents make purchases on behalf of users, available to ChatGPT Pro subscribers in the US who are over 18
OpenAI launches Daybreak Red Team in early access to test web apps for flaws and Daybreak Defense Factory to automate finding, validating, and fixing them
Dario Amodei says figuring out how much computing is needed in a year or two is Anthropic's “deepest business dilemma” due to the unpredictability of revenue
Artificial Analysis Intelligence Index: Gemini 4 Hydrogen nearly ties Claude Sonnet 5.5 and GPT-6.1 Sol, at a third of Sonnet's cost but ~2.5x that of Sol
Google's new Gemini 4 Hydrogen has Intelligence just below Claude Sonnet 5.5 and GPT-6.1 Sol, at a third of Sonnet's cost but ~2.5x that of GPT-6.1 Sol @GoogleDeepMind has released their third new mod...
Google updates Antigravity with Orchestrator, which dynamically switches between models like Carbon and Hydrogen within a session, for AI Ultra subscribers
Google Antigravity:
Microsoft apologizes for the outage, calling it a “technical issue” from a “network capacity upgrade”, and says it was “not related to cyber or AI/agents”
We are deeply sorry for the disruption this incident has caused our customers and partners. We know the trust they place in our services and take that responsibility extremely seriously. We are seeing...
US officials: multiple US DOJ investigations threaten to sweep up Nvidia, including one focused on antitrust grounds and two focused on Megaspeed and Supermicro
Rohan Goswami /Semafor:
Samsung's Android XR smart glasses hands-on: stylish with good privacy protections like local face redaction and nice Gemini features like real-time translation
Victoria Song /The Verge:
AI server maker xFusion gets approval from the Shenzhen Stock Exchange for a ChiNext IPO; filing: xFusion aims to raise ~$1.2B by issuing up to 220.08M shares
Sources: social media companies' payouts in teen addiction suits mostly ranged from $2M-$2.5M; Meta agreed to pay two teens a combined $7M in the past two weeks
NYC-based Hatz AI, which makes tools for managed services providers to help small businesses adopt AI, raised a $24M Series A
Whoop launches Whoop Humans, a free opt-in social network in its app that allows members at every tier to share health data with approved followers
Sources: Kalshi is in talks to raise funding at a $65B valuation, weeks after closing a round at a $40B valuation; its annual run rate recently surpassed $5B
Binance says it has covered all of the $6.3B in cryptoassets stolen on October 29, using its profits and emergency funds to replace common and obscure tokens
Teresa Xie /Bloomberg:
Sources close to Jensen Huang say he has taken a penitent turn, castigated himself as a “piece of shit”, and he has claimed to not care what happens to himself
At the end, Jensen Huang looked broken and shattered, his legendary energy depleted. After weeks spent denying the allegations …
Mirendil, founded by former Anthropic researchers to build tools for accelerating AI R&D, raised a $1B Series A led by Kleiner Perkins and Clearlake Capital
Neocloud Nebius' stock falls 16%+ after it reported Q3 revenue up 571% YoY to $980.8M, above $907.5M est., increased 2026 capex spend, and issued a weak outlook
The FBI says North Korean hackers have stolen $400M+ in crypto over the past 18 months using “FaceStealer”, a scheme involving fake video calls and AI deepfakes
A.J. Vicens /Reuters:
Paytm gets tentative approval to revive its digital wallet, which effectively died after India's central bank canceled Paytm Payments Bank's license in April
Jensen Huang's downfall exposes Nvidia's internal politics; source: Huang ran Nvidia as a “feudal system” with his daughter and son-in-law in powerful positions
The price was $1.76 trillion. — For 25 years I have been told that culture, conduct and governance are non-financial. …
South Korea-based DeepX tapes out DX-M2, an edge AI chip to run inference of 100B-parameter LLMs on robots and drones, targeting fall 2027 for mass production
SpaceX plans to invest $50B in an Arizona data center campus and $24B in a Texas data center campus; in October, it said its AI business was 50%+ of its revenue
Grace Kay /New York Times:
Some in China question the timing of reports on the relationship between Jensen Huang and Alice Huang; Trump is set to meet Xi Jinping in Shenzhen next week
Mithil Aggarwal /NBC News:
Source: at an August 2026 finance meeting, Jensen Huang interrupted Colette Kress' presentation, calling her “a deer in the headlights” and a “reporting CFO”
Interim CEO Colette Kress has questioned some Huang dealmaking. He called her ‘a deer in the headlights.’
Scott Bessent says the departments of Treasury, Defense, and State were in favor of putting Megaspeed on the entity list for months, but Commerce is in charge
Sources: Anthropic's IPO is about six times oversubscribed, and bankers have told prospective investors that Anthropic will prioritize existing backers
Claude Duet review: user-friendly, sends a helpful morning brief, and spots scheduling conflicts, but can feel like a neurotic personal assistant that nags
Sources: Meta staffers are testing a prediction-market app called Takes, letting users wager on the outcome of questions or events using “cred”, not real money
Letter: ByteDance plans to buy back up to $6B worth of shares from existing investors at a ~$400B valuation, a 20% increase in valuation from its 2025 buyback
LangChain, which aims to help large companies build and deploy their own AI agents, raised $300M led by CapitalG at a $3B valuation, up from $1.25B in 2025
Colette Kress may take a more conservative approach than Jensen Huang; sources say she sometimes pushed back on his riskier deals like backstopping OpenAI
Phoebe Liu /The Information:
Sources: OpenAI confirmed to lawmakers this week that it would support a bipartisan effort in Congress to curb China's access to AI chips and chipmaking tools
OpenAI disbands its standalone robotics team, moving its staff to research and Applied units, saying models like GPT-6 Astra can be directly applied to robotics
Sources: Nvidia's board has approached Arm CEO Rene Haas in its search for a potential successor to Jensen Huang; Haas worked at Nvidia more than a decade ago
Michael Acton /Financial Times:NEW
Some investors and founders say they lost an ally in Jensen Huang; Nvidia held $48B in 229 private companies as of July and offered $165B in cloud backstops
Mr. Huang championed start-ups, with Nvidia holding $48 billion worth of stakes in 229 private companies, including OpenAI and Anthropic, at the end of July.
Nscale's updated IPO prospectus shows Q3 revenue up 1,344% YoY to $307.5M, up from $140.6M in Q2, and net loss widened to $1.69B, up from $1.02B in Q2
Jordan Novet /CNBC:
Wall Street fears Jensen Huang's ouster will slow Nvidia's AI dealmaking; sources: its $500B lending consortium is in flux and at least one lender may exit
New York Times: