
The head of the technology giant resigned after reports of an affair with a woman linked to Chinese intelligence.
AI-generated summary
Nvidia is a key AI chipmaker subject to U.S. export restrictions on China. Jensen Huang has been the face of the company since its founding.
Nvidia CEO and co-founder Jensen Huang resigned as president, chief executive officer (CEO) and member of the board of directors with immediate effect, the company said in a statement on Thursday.
Colette Kress will serve as interim CEO, Nvidia said.
The resignation took place after the scandal regarding Huang's affair with Alice Huang (Huang Le), the head of Megaspeed, a company registered in Singapore. According to media reports, American services believe that the woman worked for Chinese intelligence, provided them with information about Nvidia and encouraged Huang to lobby for the relaxation of restrictions on the export of AI chips to China.
Nvidia has launched an investigation
Nvidia announced on Sunday that it was opening an investigation into whether its CEO Jensen Huang may have been "targeted by foreign intelligence."
The company said in a statement that "the board treats the national and economic security of the United States as a priority because it is of paramount importance to the interests of Nvidia and its shareholders."
"Nvidia's board of directors is initiating an independent investigation following recent media reports that the company's founder and CEO, Jensen Huang, has been targeted by a foreign intelligence agency. The investigation will be overseen by a committee of independent members of the board of directors, assisted by outside independent legal counsel," it said.
At the same time, the board emphasized that "there is no reason to believe that there has been a breach of national security or the disclosure of Nvidia's trade secrets."
The fight for integrated circuits
As the New York Times recently wrote, Huang has come under the radar of Chinese intelligence. American services concluded that Alice Huang, a Chinese manager associated with him, passed information to Beijing.
According to the newspaper, Huang was recruited to obtain information and potentially pressure Nvidia so that its most advanced chips could be made available on the Chinese market, bypassing existing export restrictions. Alice Huang (Huang Le) was a representative of the management of the Singaporean company Megaspeed, operating in the data center industry.
Huang: I was unfaithful
The 63-year-old CEO of Nvidia admitted in a message to his company's employees that he had been unfaithful to his wife, Axios reported.
"I owe my family and all of you an apology," Huang wrote in a message to Nvidia employees obtained by Axios. Huang did not mention the woman's name.
"I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did," added the head of the technology giant.
Huang said he takes "full responsibility" for his actions. He added that he had failed to meet his obligations towards Nvidia employees, the company's management board and its shareholders. He assured that he would work to rebuild the company's trust in him.
AI outlook — possibilities, not facts
Conducting a security audit at Nvidia
Very likely · Within weeks

On Friday, a liter of 95 petrol will cost a maximum of PLN 6.06, 98 - PLN 6.68, and diesel - PLN 7.54. These are lower rates than in previous days, resulting from the government package limiting the increase in fuel prices.

From January, RTV subscription fees will increase: for a TV or set we will pay PLN 34.50 per month, and for the radio only PLN 10.80. The National Broadcasting Council has provided discounts for advance payment and a catalog of exemptions for those in need.

The amendment to the regulations in Poland extends the reprographic fee to smartphones, laptops, TVs and external drives, charging producers and importers rates of up to 3%. sales value and generating complex reporting obligations.

The demand for AI specialists is growing in manufacturing, healthcare and finance. Employers increasingly value soft skills, and salaries for experienced engineers range from several to even PLN 45,000. PLN per month.

The baptism of the M/F Bursztyn Unity ferry took place in Szczecin. Prime Minister Donald Tusk took part in the ceremony and presented the flag to the captain. The Ro-Pax unit with a hybrid drive will serve the Świnoujście-Ystad route.

Orlen terminated one of two long-term contracts for the supply of liquefied natural gas with QatarEnergy LNG due to force majeure and lack of supplies. The agreement provided for the supply of 1 million tons of LNG per year until 2034, worth approximately EUR 570 million per year. The company assures that there will be no shortage of gas and the second contract is still in force.