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Nvidia CEO Jensen Huang resigns amid affair allegations and espionage inquiry

Jensen Huang has stepped down as Nvidia's chief executive after admitting infidelity and facing reports of a second affair with a company executive, one of them allegedly involving a suspected Chinese intelligence asset named Alice Huang. Nvidia's stock has dropped $550bn in value over five days, and interim CEO Colette Kress has convened emergency executive meetings. US lawmakers including Senators Elizabeth Warren and Chris Coons are demanding Huang testify before Congress, with a Senate staffer warning he could be subpoenaed if he refuses.

Meta's Muse AI assistant can now make phone calls for paid subscribers

Meta has added a feature letting its Muse AI agent place phone calls on a user's behalf, such as booking reservations or appointments. The capability is limited to subscribers who pay for Muse's premium tier, which also includes extra tokens and features, according to Meta's Chief AI officer Alexandr Wang. Early users have shared recordings showing Muse successfully navigating calls, including waiting on hold with a business.

Jim Cramer says Jensen Huang 'betrayed' Nvidia investors after CEO resignation

CNBC's Jim Cramer said Nvidia founder Jensen Huang betrayed shareholders by putting the company at risk, after Huang resigned amid reports of affairs with employees, including one at a Singapore cloud firm under US intelligence scrutiny over suspected Chinese espionage ties. CFO Colette Kress has become interim CEO, and Nvidia shares fell more than 4% Thursday, extending the stock's 2025 decline to 12%.

Nscale IPO filing shows Q3 net loss widened to $1.69 billion

Nvidia-backed cloud computing firm Nscale updated its U.S. IPO prospectus, disclosing a third-quarter net loss of $1.69 billion on revenue of $307.5 million, up 1,344% year over year. That loss grew from $1.02 billion in the second quarter, when revenue was $140.6 million. Nscale did not disclose how much it plans to raise in its planned NYSE listing.

Kalshi offers $120,000 salary for a job playing Grand Theft Auto VI

Prediction market platform Kalshi has posted a job listing offering $120,000 to someone willing to play Grand Theft Auto VI, timed just before the game's highly anticipated release. The listing has gone viral online, coinciding with reports that some workers plan to call in sick and that companies like Logitech are granting staff paid time off to play the game.

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