This is the investment firm's largest fund to date.
Norwest pushes deeper into AI with new $4B fund
Source: TechCrunch
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TechCrunch10 outlets
Jensen Huang is out at Nvidia — who is Colette Kress, his interim replacement?
Nvidia shares plunge 10% in pre-market trading after board ousts longtime boss Huang over two affairs, including with a suspected Chinese spy, in big blow to AI boom Too big – and too well-connected – to sack? Huang does not enjoy the supercharged voting rights that are par for the course elsewhere – his shareholding is a plain vanilla 3.6%. On the other hand, Nvidia’s board does not appear to have spent much time worrying about succession planning and “key person risk” or other standard concerns of corporate governance wonks outside the US. Continue reading...
The Verge
A power bank that can quickly charge three gadgets is just $49
Amazon Prime subscribers can jump on a pretty nice deal happening on Ecoflow’s laptop power bank that can deliver up to 140W of power through either of its two USB-C ports. You can snag the limited-time deal happening on the black or silver-colored models for $48.99 (originally $85.79) at Amazon. The 25,000mAh / 90Wh battery […]
TechCrunch
Cyberattack on Fireworks AI allowed hackers to access Notion customers’ chat transcripts
This is Fireworks' second data breach in as many months.
The Verge
Nvidia CEO Jensen Huang has resigned. What happens next?
After the leather-jacketed CEO, president, and co-founder of Nvidia, Jensen Huang, acknowledged an affair with Megaspeed exec Alice Huang, his company initially announced an investigation. However, The New York Times reported on Wednesday that there was evidence of another affair, this time with an Nvidia executive who reported directly to him. A board meeting that […]
Ars Technica
Google pushes privacy angle as Gemini-powered smartglasses debut starting at $395
The first Gemini smartglasses are a collab between Google, Samsung, Gentle Monster, and Warby Parker.
TechCrunch5 outlets
The unfolding Jensen Huang scandal: a timeline
Jensen Huang has resigned from Nvidia following an affair, which could have ramifications for national security as the U.S. and China race to develop the most advanced AI infrastructure.