Good morning. New week, new opportunities.
It’s Monday, November 9. Let’s get into it.
Nvidia’s board is investigating CEO Jensen Huang’s relationship with a woman the US suspects was recruited by Chinese intelligence, after Huang admitted to an affair in a memo to employees. With Nvidia financing much of the AI buildout and no public succession plan, this is no longer just about one executive.
Today we are covering:
Nvidia‘s board opens an independent probe into CEO Jensen Huang‘s ties to a suspected Chinese spy, and shares fall about 5%
Alex Stamos warns AI-powered hacking has pushed cybersecurity into a “dark age” after a month of chained breaches
Coinbase wins OCC approval to become a chartered trust bank, with a bigger role in payments, custody and stablecoins
