Thursday 12 November 2026
Top stories today:
NVIDIA board prepares Jensen Huang ouster amid affair revelations
Googleās Gemini Decision 1 debuts, competing with TypeSafeās Jev
Anthropic IPO oversubscribed as Amodei plan livestream
Applied Intuition seeks $1.5B+ at ~$31.5B post-money valuation
Agile Robots, humanoid robotics startup, raises at $8.5B valuation
0. Data & Calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. NVIDIA board said to prepare Jensen Huang ouster amid affair revelations, eye CFO as interim CEO
NVIDIA -7% in Thu. premarket trading on the news:
Wed.: NVIDIAās board reportedly planned to meet to determine Jensenās future.
Jensen also reportedly had an affair with NVIDIA healthcare VP Kimberly Powell, who reports to him, sparking internal discussions.
CFO Colette Kress is said to be favored by some board members as interim CEO.
AMD shares +4% after hours, while Broadcom +2.4% amid reports of Huangās potential ouster.
Meanwhile, Alice Huang has reportedly returned to China and is living in Beijing with the knowledge of security officials.
Separately, Howard Lutnick reportedly stalled curbs on suspected NVIDIA chip diversions to China despite Trump approving them on Nov. 5.
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3. Googleās Gemini Decision 1 debuts for fast AI decisions, competing with TypeSafeās Jev
Gemini Decision 1 scored 66 on the Artificial Analysis Decision Index, matching Jev 1.14 and surpassing Microsoft-Decision-1:
Costs $0.10 per 1M input tokens, vs. $0.03 for Drex Max v1.1 and $0.04 each for Jev v1.14 and Microsoft-Decision-1.
Google also launched the Gemini Decisions API, providing access to the new model via Google AI Studio.
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5. Anthropic IPO said to be multiple times oversubscribed as Amodei plan Fri. livestream
Fri.: Dario Amodei reportedly planned to join JPMorgan CEO Jamie Dimon for a livestream.
Cancer and other major diseases will be ārelics of the pastā within a decade, Amodei predicted in an IPO video.
Amazonās $18B investment in Anthropic could be worth $250B+, while Googleās $33B investment could reach $140B.
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7. Applied Intuition said to seek $1.5B+ led by General Catalyst at ~$31.5B post-money valuation
FY26 revenue projected at $560M+, +19% from $474M a year earlier.
$1B in revenue expected in 2027, rising to $1.8B in 2028.
