US INTELLIGENCE PROBE
Nvidia billionaire Jensen Huang's secret affair with Alice Huang and the suspected China spy operation drawing US scrutiny
Alice Huang, a Chinese entrepreneur, is under scrutiny for alleged connections to the Ministry of State Security in China. US intelligence suspects she could have obtained confidential insights about Nvidia's CEO, Jensen Huang, raising questions about her impact on Nvidia's chip sales. As a precaution, Nvidia's board has begun evaluating its relationship with Huang and her enterprise amidst growing concerns over China's tech ambitions.
South Korean shares rebound as chipmakers recover from AI-driven selloff
South Korean shares rebounded on Monday as benchmark index KOSPI rose over 1.5%. Chip giants Samsung Electronics and SK Hynix led the recovery following Wall Street gains and government assurances over Nvidia GPU supply continuity, despite remaining net selling pressure from foreign investors.
Japan's Nikkei rebounds 2% after tech stock rout
Japan's Nikkei 225 rebounded 2% on Monday following a sharp technology stock selloff that pushed the benchmark into bear market territory. The recovery was driven by Wall Street gains and tech sector stabilization, though market sentiment remained cautious amid ongoing Middle East tensions and US regulatory concerns.
Tech firms claw back some losses after midterms rout, eyes on Nvidia
Tech firms rose Monday to claw back some of last week's painful losses fuelled by AI regulation worries, though traders were keeping a wary eye on a probe into Nvidia boss Jensen Huang amid claims of an affair with a Chinese spy. The executive, Alice Huang -- also known as Huang Le, and no relation to 63-year-old Taiwanese-born Jensen -- developed a close relationship with the Nvidia boss, the Times said.
Nvidia opens probe into CEO Jensen Huang over affair with woman suspected of spying for China
Nvidia has launched an independent probe into CEO Jensen Huang over an affair with a Chinese executive suspected by US intelligence of working for Beijing. Huang admitted to being unfaithful and apologised. The investigation will examine potential national security risks and possible exposure of company secrets.
Trump calls Nvidia's Jensen Huang 'honorable,' says not discussed China-linked allegations with him
US President Donald Trump has expressed support for Nvidia CEO Jensen Huang following reports of his alleged relationship with a Chinese businesswoman suspected of passing information to Beijing. Trump called Huang an honourable person and praised his contributions to the US, while saying he had not discussed the allegations with him.
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Nvidia CEO Jensen Huang affair: Who is Alice Huang aka Huang Le? Television reporter turned Megaspeed executive is linked to Jensen Huang, Chinese spying
Nvidia CEO Jensen Huang affair news has evoked sharp reactions from the artificial intelligence or AI chip maker who has launched a probe. Jensen Huang is married.
Mohammed Shami: A master of seam and swing, he possessed something no coaching manual could teach
Opponents have dissected Shami’s craft because their survival depended on it: but knowing why he did what he did or how was not always insurance against its efficacy. Teammates, especially aspiring young quicks, have examined his preparation and mindset, but that was no guarantee they could emulate him, even with his willing assistance. Experts have marvelled at Shami’s sustained excellence, the undeniable beauty of how he cruelly exposed batsmen before getting them out.
Meet Lori Huang, Nvidia CEO Jensen Huang's low-profile wife who runs a $9.2 billion foundation that rivals the famous MacArthur Foundation
Jensen Huang's wife is Lori Huang. The couple reportedly met as engineering students at Oregon State University. At that time, Jensen was 17 and Lori was 19. They had reportedly then worked together as lab or study partners. Jensen also approached Lori with an offer that he would help her with homework.
Activists breach Microsoft data centre construction site as protests spread in Europe
Activist groups have announced actions in 16 countries on Friday and Saturday, according to the "Stop Dirty Data Centres" coalition, which is rallying environmental groups and digital rights campaigns behind calls to pause large-scale construction.
China cleantech stocks surge on hopes of stronger US clean energy support
Chinese cleantech stocks rallied on Thursday as Democrats' strong US midterm election performance fuelled hopes of stronger support for renewable energy. Investors expect potential policy shifts to benefit solar, battery and clean energy companies, although existing US tariffs and trade restrictions could limit Chinese exporters' access to the American market.
What do midterm election results 2026 mean for US Stock Market, Bond Treasury Yields, common Americans?
Donald Trump is not on ballot for US Midterm elections 2026 but election results will give us hint how things will move forward till 2028 Presidential Elections.
US midterm elections: Key Senate, House races investors are tracking
This year's U.S. midterm elections are anticipated to influence important policies in the financial sector. Key Senate races include Sherrod Brown and Jon Husted in Ohio, indicative of cryptocurrency regulation. Additionally, gubernatorial elections in states like Texas and Georgia will shape artificial intelligence infrastructure investment.
A desi AI kill chain? Indian military steps towards battlefield AI
India's armed forces are working alongside Sarvam AI to establish a unified framework for military operations. The initiative focuses on improving battlefield intelligence, refining target acquisition, and streamlining decision-making across all service branches. Emphasizing a blend of cutting-edge technology and human judgment, this project signifies India’s dedication to enhancing its sovereign AI resources in the defense arena, with promising implications for operational effectiveness and data management.
Bitcoin hits 6-week low, drops below $78,000 as Binance’s $6 billion hack rattles crypto markets. What should investors do?
Bitcoin fell more than 4% to a six-week low below $78,000, while Ether and BNB also slumped after a reported $6.3 billion security breach at Binance rattled crypto markets. Analysts flagged key support levels and advised investors against panic selling or aggressive dip-buying, favouring staggered entries and smaller positions.
Google went to Finland for its AI expansion. Now a cleared forest and a police probe threaten to overshadow its $15 billion investment
Google's planned expansion in Finland is facing scrutiny due to alleged environmental violations at a data centre site. Authorities are investigating whether the company breached local laws related to water management. The controversy has drawn public criticism and highlighted the need for responsible corporate practices. As investment in artificial intelligence increases, balancing economic growth and environmental protection remains challenging.
US DOJ is inquiring about Nvidia's purchase of Hugging Face
The Justice Department's recent questioning covers Nvidia's acquisitions, investments, sales practices, and whether the chip designer has exerted pressure on its customers, the two people said.
AI chips worth $12.1 million seized at Malaysia airport, customs authority says
Malaysian customs said on Wednesday that it had seized about 49.5 million ringgit ($12.11 million) worth of advanced artificial intelligence chips this month, as
US agency is again probing if Polymarket broke 2022 settlement, sources says
A US regulator is investigating whether prediction market operator Polymarket violated a 2022 enforcement deal in which it promised to ban US users from its main overseas platform, reviving an inquiry the agency shuttered last year without bringing
Hunter Biden laptop issue resurfaces as judge scolds prosecutors over case against ex-FBI officials
A US magistrate judge has rejected a new obstruction charge against two former FBI officials accused of making false statements to Congress about Hunter Biden's laptop, criticising prosecutors for improperly filing the amended complaint without judicial approval. The hearing also raised questions about the investigation's political motivations, with an FBI agent testifying that Director Kash Patel ordered the probe following a speech by President Donald Trump.
Years after the Hunter Biden laptop controversy, two former FBI officials face criminal charges over alleged lies to Congress before midterms
Two former FBI officials are facing charges for allegedly lying to Congress about their involvement in Hunter Biden’s laptop investigation. These charges have re-opened discussions regarding the FBI's actions during the politically charged 2020 election cycle. The accusations include providing false testimony regarding their knowledge of the FBI's activities related to the controversial laptop. The case's timing has raised concerns, as it was brought just before the midterm elections.
Wipro GE HealthCare considering fifth India plant, plans to double exports
Wipro GE HealthCare is evaluating options for a new manufacturing facility in India to enhance operations. The company operates four plants and seeks to double global exports while focusing on local sales growth. A significant investment of Rs 8,000 crore is planned over five years to support this initiative. The domestic medical equipment market is projected to grow annually by 10-11%, creating opportunities for Wipro GE HealthCare.
The Social Reckoning: Looking back at Facebook’s 2021 controversy and where Meta stands today
Aaron Sorkin’s latest film focuses on Facebook's past controversies and the implications of its business model. The story centres around whistleblower Frances Haugen and her allegations regarding Facebook's internal practices. Meta, formerly Facebook, is navigating ongoing concerns about safety and user engagement. The film, while offering a dramatic retelling, critiques the effectiveness of Meta’s strategies.
How one hacker used AI agents and a few thousand dollars to break into scores of sites
A cybersecurity researcher observed a Chinese-speaking hacker employing AI to compromise various companies' websites. The hacker utilised an AI platform called Cairn, automating complex intrusion activities without human supervision. This hacking campaign targeted over 1,200 sites, with successful intrusions taking around 23 hours on average.
10-minute househelp startups & their crore-sized losses
Latest financials reported by Snabbit and Urban Company on Friday point to heavy cash burn in the race to deliver household services within 10 minutes. This and more in today’s ETtech Top 5.
Banking watchdogs ramp up AI scrutiny as stability fears mount, sources say
Banking regulators are intensifying their oversight of AI risks that could affect financial stability and cyber security. The Federal Reserve, European Central Bank, and Bank of England are probing banks about their AI usage. Concerns are rising about potential damages from cyber threats involving advanced AI models.
Trump’s AI liability push opens blame game for models gone rogue
Holding AI developers financially responsible for the safety of their products has won support from Treasury Secretary Scott Bessent and former White House AI czar David Sacks, who argue that existing liability laws would be more effective than new rules.
OpenAI denies firing researchers over AI safety warnings
OpenAI has addressed the dismissal of three former safety researchers who voiced concerns over artificial intelligence safety. The company clarified that these terminations stemmed from a breach of trust rather than safety matters. The researchers highlighted alarming changes in corporate culture regarding safety priorities. Moving forward, OpenAI intends to establish contracts with independent safety assessors, as the conversation around AI safety remains polarized among industry experts.
South Korea, Japan buffeted by hacks as AI lowers bar for cybercriminals
Nine South Korean banks and two mega-churches are probing cyberattacks that may have involved AI tools, while Japanese companies including Daiwa Securities, SoftBank Corp and the Lawson convenience store chain have been hit by a recent surge in cyber incidents.
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