Nvidia ‘honeytrap’ scandal rocks AI industry, as China denies spying claims – business live

Rolling coverage of the latest economic and financial news Nvidia opens investigation after report CEO Jensen Huang was target of foreign intelligence Huang is receiving support from some fellow tech executives, including Elon Musk. Musk commented “I agree” on a post by ​Sequoia partner Shaun Maguire that said Huang “did something incredibly dumb” that was “bad for America” but that “Jensen is irreplaceable for America’s AI leadership“. “While Nvidia has sought to reassure us all, ​there are several layers here, beginning with the unfortunate timing. “For example: The company is systemically…