Nvidia Hires Wachtell to Lead Probe of CEO Huang
Nvidia's independent directors have brought in a top New York law firm to examine the CEO's relationship with an alleged Chinese spy, as the FBI and Congress also take an interest.
Corporate Strategy
Oura to Buy AI Care Firm Counsel Health for $625M
The smart ring maker will acquire an AI-based primary care company weeks after shelving its IPO, and it reported sharp revenue growth alongside the deal.
Rivian CEO Calls 2027 an Inflection Year, Five Years After IPO
Rivian's CEO says the R2 SUV and driver-assistance software can turn the business around, while the stock sits far below its 2021 debut price and cash needs rise.
Hugging Face Exec Fears Hacks Could Push Open AI Toward Closing
Hugging Face's Irene Solaiman says the openness and rich data of open AI platforms make them targets. Pulling back could cost hobbyists and researchers access.
Morgan Stanley Agrees to Buy Share-Transfer Fintech Vinyl
Morgan Stanley will acquire Vinyl Equity, which digitizes how companies move shares between themselves and shareholders. Deal terms were not disclosed.
Nvidia Board Probes CEO Huang as Shares Fall 5%
Nvidia's board has opened an independent review of CEO Jensen Huang's ties to a woman U.S. agencies call a Chinese spy. The stock dropped 5% on Monday.