Simply the latest news, updated on the hour.

Wed, Nov 11, 2026, 7:02 PM EST

Tech

  • Nvidia is reportedly facing the potential ousting of CEO Jensen Huang amid accusations of an affair and potential Chinese espionage ties, prompting congressional inquiry.

  • OpenAI has reportedly crossed $10 billion in quarterly revenue for the first time, while also facing new regulatory oversight in New York.

  • Meta's long-time head of infrastructure is departing, amidst broader shifts in data center development and AI infrastructure funding strategies.

  • Several startups are emerging in the AI chip and infrastructure race, with companies like CoreWeave and Britain's Fractile securing significant funding.

  • AI agents are increasingly being integrated into various applications, from helping businesses operate more efficiently to raising concerns about data security and misuse, as seen with a leaked SpaceX data incident.

Money

  • Nvidia CEO Jensen Huang faces scrutiny and calls for resignation amid revelations of an affair and concerns over succession planning, impacting the company's stock.

  • Geopolitical tensions escalate with the U.S. and Iran exchanging strikes, raising concerns about oil supply routes and prompting U.S. military evacuations from U.K. bases.

  • The global economy shows vulnerability to an AI bust, with analysts questioning the sustainability of current valuations and the potential for market corrections.

  • Cryptocurrency markets experience volatility, with Bitcoin facing outflows from ETFs and regulatory bodies like the SEC and CFTC increasing scrutiny on crypto-related activities.

  • Heightened concerns over cybersecurity and data privacy emerge as hackers target AI computing power and major tech firms face breaches, alongside a surge in crypto phishing risks.

Power

  • Geopolitical tensions escalate with Iran facing international demands to cease Houthi support and condemnation for alleged plots, while oil markets remain volatile despite oversupply concerns.

  • Nvidia's future is under scrutiny as its board meets to discuss CEO Jensen Huang's position amid reports of alleged misconduct and foreign intelligence concerns.

  • The power sector grapples with supply chain disruptions, notably China-linked critical minerals price swings impacting energy storage projects, alongside calls for global solidarity on green energy initiatives.

  • US immigration policies and political strategies are under intense debate, with internal party divisions and voter backlash influencing policy shifts and election outcomes.

  • The global climate action agenda faces urgency as leaders convene for Cop31, emphasizing the need for accelerated efforts to combat global warming amidst ongoing geopolitical conflicts.