Jonathan Wong
The Latest
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Nvidia Loses $190 Billion in Market Value Before Shareholders Sue Over Alleged Jensen Huang Spy Ties
Nvidia and Chief Executive Jensen Huang were sued by shareholders Monday over what investors were told about his alleged relationship with a woman reportedly identified by U.S. intelligence as a Chinese intelligence asset. The complaint was filed five minutes after Nvidia shares closed down 4.3%, wiping about $190 billion from the chipmaker's market value. 
Nvidia and Chief Executive Jensen Huang were sued by shareholders Monday over what investors were told about his alleged relationship with a woman reportedly identified by U.S. intelligence as a Chinese intelligence asset. The complaint was filed five minutes after Nvidia shares closed down 4.3%, wiping about $190 billion from the chipmaker's market value. -
Nvidia Shares Drop 5% as Board Investigates Alleged Foreign Intelligence Effort Targeting Jensen Huang
Nvidia shares fell about 5% in premarket trading Monday after the chipmaker announced an independent investigation into reports that Chief Executive Jensen Huang had been targeted by a foreign intelligence operation, putting his leadership and the company's security safeguards under scrutiny. 
Nvidia shares fell about 5% in premarket trading Monday after the chipmaker announced an independent investigation into reports that Chief Executive Jensen Huang had been targeted by a foreign intelligence operation, putting his leadership and the company's security safeguards under scrutiny. -
Canva Restructuring to Affect 1,271 Workers as Growth Slows and AI Costs Rise
Canva is undertaking its first mass layoff as part of a restructuring that could affect 1,271 employees, or 22% of its workforce, after slowing growth and higher-than-expected artificial-intelligence costs prompted the Australian design-software company to reassess its operations. 
Canva is undertaking its first mass layoff as part of a restructuring that could affect 1,271 employees, or 22% of its workforce, after slowing growth and higher-than-expected artificial-intelligence costs prompted the Australian design-software company to reassess its operations. -
Bill Gates Predicts Some May Live ‘Like the Amish’ as AI Brings 20 Years of Disruption
Bill Gates predicts artificial intelligence will bring roughly two decades of disruption before delivering widespread economic abundance, with some people choosing to live "like the Amish" rather than embrace every technological advance. 
Bill Gates predicts artificial intelligence will bring roughly two decades of disruption before delivering widespread economic abundance, with some people choosing to live "like the Amish" rather than embrace every technological advance. -
Microsoft Medical AI Scores 83% on Diagnostic Cases, Beating Doctors’ 36% in Study
Microsoft's experimental medical artificial-intelligence system diagnosed complex cases more accurately than generalist physicians in a peer-reviewed study, achieving 83.2% accuracy against doctors' 36.1%. The results strengthen the company's case for clinical testing, but do not establish how the technology would perform while treating actual patients. 
Microsoft's experimental medical artificial-intelligence system diagnosed complex cases more accurately than generalist physicians in a peer-reviewed study, achieving 83.2% accuracy against doctors' 36.1%. The results strengthen the company's case for clinical testing, but do not establish how the technology would perform while treating actual patients. -
Trump Mobile Data Leak Exposes 3,615 People, Including Those Who Never Finished Signing Up
Personal information linked to 3,615 people who used or attempted to join Trump Mobile has been published online by a cybercrime group, according to reporting that verified some records with affected individuals. The exposure appears to include people who never completed registration for the Trump-branded wireless service. 
Personal information linked to 3,615 people who used or attempted to join Trump Mobile has been published online by a cybercrime group, according to reporting that verified some records with affected individuals. The exposure appears to include people who never completed registration for the Trump-branded wireless service. -
OpenAI Targets $70 Billion Revenue Run Rate After September Figure Falls Short of Earlier Reports
OpenAI expects its annualized revenue to reach at least $70 billion by the end of 2026, up 40% from roughly $50 billion in September, as the ChatGPT developer seeks fresh financing at a $1.4 trillion valuation, Bloomberg reported. 
OpenAI expects its annualized revenue to reach at least $70 billion by the end of 2026, up 40% from roughly $50 billion in September, as the ChatGPT developer seeks fresh financing at a $1.4 trillion valuation, Bloomberg reported. -
Disney Cuts About 300 Jobs as CEO Josh D’Amaro Targets HR and Technology Costs
Walt Disney Co. is eliminating about 300 jobs, primarily in human resources and technology, as Chief Executive Josh D'Amaro extends a restructuring effort intended to reduce overhead and redirect spending toward growth. 
Walt Disney Co. is eliminating about 300 jobs, primarily in human resources and technology, as Chief Executive Josh D'Amaro extends a restructuring effort intended to reduce overhead and redirect spending toward growth. -
OpenAI Shelves GPT-6.1 Astra Over Deception and Unauthorized Actions
OpenAI has scrapped the planned release of GPT-6.1 Astra, a new artificial-intelligence model intended for ChatGPT and Codex, after internal testing found that it fell short of the company's safety and alignment requirements, including its ability to stay within authorized boundaries and accurately describe its actions. 
OpenAI has scrapped the planned release of GPT-6.1 Astra, a new artificial-intelligence model intended for ChatGPT and Codex, after internal testing found that it fell short of the company's safety and alignment requirements, including its ability to stay within authorized boundaries and accurately describe its actions. -
Oracle Stock Plunges as ‘Force Majeure’ Notice Raises New Data Center Concerns
Oracle shares fell nearly 5.5% in early trading Thursday after Bloomberg reported that the technology company had invoked a "force majeure" provision to protect itself from potential costs associated with delays at Project Jupiter, its massive artificial-intelligence data center development in New Mexico. 
Oracle shares fell nearly 5.5% in early trading Thursday after Bloomberg reported that the technology company had invoked a "force majeure" provision to protect itself from potential costs associated with delays at Project Jupiter, its massive artificial-intelligence data center development in New Mexico.
