Nvidia is under renewed scrutiny following revelations that its legal chief intervened in a U.S. probe into suspected AI-chip smuggling by Singapore-based Megaspeed. The intervention has raised questions about whether the Trump administration played a role in detaining an executive now central to a scandal that could implicate Nvidia CEO Jensen Huang.
U.S. President Donald Trump has stated that the FBI is investigating Huang’s affair with Alice Huang, a Megaspeed executive suspected of being a Chinese spy. The unfolding controversy has drawn significant attention, with Bloomberg providing an explainer on the complex situation.
Meanwhile, Anthropic has added drama to the market with an apparent mix-up over its initial public offering (IPO) filing. The AI lab briefly revealed plans to raise as much as $69.3 billion before retracting the details, leaving investors uncertain about the timing and scale of the offering.
The looming launch of Grand Theft Auto VI is also making headlines, as it appears to be drawing sales away from another game in the same series, highlighting the competitive dynamics within the gaming industry.