Urgent.News

What's breaking now, across thousands of outlets.

Business

Jensen Huang’s $470 Billion Affair

This week on “Uncanny Valley,” the team unpacks the Nvidia CEO’s affair with an alleged Chinese spy and what that means for the AI industry.

Jensen Huang’s $470 Billion Affair

Nvidia CEO Jensen Huang has admitted to having an affair with Alice Huang, a businesswoman identified by US intelligence as being recruited by China's Ministry of State Security. The scandal has caused significant embarrassment for Nvidia and has the potential for national security consequences, as the company's market value lost more than $470 billion in just two days.

Alice Huang is described as a former TV journalist with no background in computer science, working for Megaspeed, a company formed in 2023 to circumvent US export restrictions on advanced chips to China.

Written by urgent.news from Wired Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at wired.com →

More in Business

More from Thursday 12 November →