Cheddar

BREAKING: Jensen Huang has resigned as Nvidia’s CEO and from its board, effective immediately.

CFO Colette Kress will serve as interim CEO, and Harvey C. Jones was named Nvidia’s first-ever board chair.

The move follows reports of two alleged affairs, one with suspected Chinese asset Alice Huang and another with Nvidia exec Kimberly Powell.

Sources: Nvidia, AP, NYT

Nvidia shares fell about 8% in after-hours trading Wednesday🔻

Nvidia’s board is reportedly preparing to oust CEO Jensen Huang after The New York Times reported a second alleged affair, this one with Kimberly Powell, Nvidia’s VP of health care, who reports to him, The Wall Street Journal reported.

The Times, citing five Nvidia employees, said Huang and Powell were allegedly captured on video “being affectionate at a San Jose, Calif., hotel” during a conference earlier this year. Both are married to other people, the paper reported. Nvidia declined to comment, and Powell did not respond to a request for comment, according to the Times.

Huang has already admitted to being unfaithful to his wife after reports of an affair with alleged Chinese asset Alice Huang. Nvidia’s board had already opened an investigation into that matter.

Just in time for that GTA VI drop!🎮

The company’s new “Logi Game Day” lets every employee, from full-time staff to interns, take one day off to play a game of their choice. They can use it any time between now and November 2027. Logitech is marking the occasion on Nov. 19, the day GTA VI launches, with a streaming event at its San Jose headquarters.

“It’s time to retire the stereotype that gaming is a waste of time,” CEO Hanneke Faber said.

The company points to its own research: 81% of gamers it surveyed said gaming builds real-world confidence and helps their work performance.

The agility is unmatched🤖😮

This is the Galbot ET1, the first two-legged humanoid from Beijing-based robotics company Galbot, unveiled at the World Robot Conference in Beijing. The robot stands about 4 feet tall and weighs about 70 pounds. Galbot says it runs on an AI motion model that lets it pick up new moves through interaction instead of preset scripts. The company is pitching it for entertainment and live performance with prices reportedly starting at 79,000 yuan, or about $11,000, and going up to 179,000 yuan, about $25,000.

Would you let an AI go through your bank transactions? 💳

Anthropic is rolling out Personal Finance in Claude. You connect your accounts through Plaid and ask things like “Where did my money go this month?” Claude sorts your spending and flags double charges, surprise fees and bills that keep creeping up.

It’s read-only, so it can’t move your money or see your bank password. Anthropic says hub chats aren’t used for training and there are no ads, a clear jab at OpenAI’s ChatGPT Finances, which launched in May.

The US beta is live now for Pro, Max and Ultra users.