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Nvidia says billionaire CEO Jensen Huang did nothing unusual in meeting a Chinese executive whom U.S. intelligence officials concluded was gathering information for Beijing.
Germany plans to announce an AI partnership with Nvidia next week, investing several hundred million euros as Jensen Huang visits Berlin for an investment summit.
Jensen Huang lost $6.1 billion as Nvidia fell 3% on a report that OpenAI's revenue trails earlier figures, pushing his fortune below $200 billion.
Nvidia authorised another $150 billion of share buybacks on Sept. 28, taking its remaining capacity to $235 billion through fiscal year 2028.
Jensen Huang's Nvidia launched a two-layer system to contain rogue AI agents, saying it could have stopped the OpenAI models that hacked Hugging Face.
Nvidia CEO Jensen Huang says paying $8 billion under California's proposed 5% billionaire tax would be "a privilege," even as Zuckerberg, Page and Brin leave the state.
Four AI subscribers say the industry's leaders illegally agreed to make their products improve more slowly. Jensen Huang, whose chips those products run on, says the risk they were guarding against is a doomsday narrative with a zero per cent chance of materialising.
AI researcher Alexander Wissner-Gross says Nvidia's record $96.2 billion quarter may partly reflect circular financing, warning that demand could be "artificially propped up through financial engineering" rather than genuine economic need.
Nvidia rose 9% after forecasting 70% revenue growth for fiscal 2028, adding $15.6 billion to Jensen Huang's fortune and taking him to sixth place.
Jensen Huang is reportedly paying $12.9bn for a company with $150m in revenue buying the repository where the world's open-source AI models live, just as his biggest customers build their own chips to escape him.
Jensen and Lori Huang pledged $75 million to name Vanderbilt's San Francisco art college, built on the closing California College of the Arts. GHOST