Thursday, Nov 12, 2026
AI;DR
2026-11-12 · 13 stories- nvidiaNvidia shares fell 14% at Thursday’s open after Jensen Huang resigned, wiping out more than $600B and pushing its market cap below $4T for the first time since 2025.
- nvidiaBeijing urged Washington not to link trade policy to the investigation into Jensen Huang’s alleged relationship with a suspected intelligence agent. It warned against tighter technology export curbs ahead of the Trump-Xi summit.
- nvidiaNvidia stopped reporting Singapore revenue after the quarter ended July 2025, when it represented 22% of revenue. The change followed its placement of Megaspeed on a blocklist.
- nvidiaNvidia’s 10-person board, including Stephen Neal, Tench Coxe and John Dabiri, is preparing to oust Jensen Huang and may meet as soon as Wednesday. The move follows an investigation into an alleged affair with a Chinese woman accused of being a spy.+1
- regulationUnited Airlines says it will block personal AI assistants from booking tickets, citing data-privacy risks and possible violations of FAA and DOT rules. The carrier also does not want another intermediary.
- nvidiaThe US is finalizing a rule that would stop Chinese AI firms from remotely renting Nvidia Blackwell and newer chips through cloud services. Exports to seven countries would require licenses to prevent sanctions evasion.
- openaiOpenAI closed a funding round at $15B and a $1.25T valuation, adding $4B to the initial $11B tranche from Nov. 6. The raise missed its $30B target and later $20B goal after investors cut commitments during a stock selloff.
- regulationAustralia’s government, led by Prime Minister Anthony Albanese, proposed its first law mandating safety rules for frontier AI companies. An independent regulator would audit models and impose steep penalties for violations.
- amazonAWS Emulator launched after agents wrote and tested it entirely, offering a local copy of more than 200 AWS services. The simulator lets engineers test code against a high-fidelity local environment.
- nvidiaSingapore held Megaspeed executive Alice Huang’s passport from June 2025 to February 2026 while the US provided little help, then barred her return and warned her over inaccurate information. Authorities found insufficient evidence to prosecute her, said she was not investigated for espionage, and kept probes into Megaspeed and six others open as scrutiny grew over suspected chip diversion to China.+2
- googleGoogle DeepMind unveiled AlphaGenome 2, which analyzes genetic variants by individual cell type. Trained on more than 107 million cell profiles, it finds nearly twice as many disease-linked gene changes and will join Antigravity.
- agentElevenLabs released Scribe v3 and Scribe v3 Live, speech recognition models that use conversational context to avoid cutting off callers. Artificial Analysis found Scribe v3 narrowly more accurate than OpenAI, Google and Microsoft, but rivals are faster and about half the price.
- safetyA cyberattack on Fireworks AI gave hackers access to Notion customers’ chat transcripts. It was Fireworks’ second data breach in as many months.