Jensen Huang announces his resignation after Nvidia's share price plunged 13%
In the lead-up to the US stock market opening on 12 November, the official announcement by INVEDA was that Huang Ren has resigned as President, CEO and board member with immediate effect.
Colette Kress, chief financial officer, serves as interim CEO while continuing to co-manage the finances; Harvey C. Jones, chairman of the board.
Despite the controversy from the outside world, the announcement did not write a direct reason for his resignation, but simply thanked Jensen Huang for his "invaluable contribution to the company and the industry".
Huang Ren founded Ingweida in 1993 with two partners and has been the company's CEO for 33 years since then.
U.S. President Trump subsequently said that former Apple CEO Tim Cook should replace Hu Jintao as CEO of Invisalign.
U.S. plans to expand U.K.-wide AI chip export controls to restrict access to computing power through overseas data centers
On November 12, according to The Information, the U.S. Department of Commerce is developing new export control rules to impose stricter AI chip export licensing requirements on countries such as Singapore, Malaysia, Thailand, Indonesia, Brazil, Norway and South Africa to limit Chinese AI firms' ability to lease Great Britain's Blackwell and update their chip generation through local data centers.
Pursuant to the proposed rules, chip purchasers in the relevant countries must disclose the chip's end users and specific uses, and undergo ongoing regulation to prevent Chinese companies from circumventing U.S. export restrictions through remote access to overseas data centers or chip transfers.
Currently, the measure is still in the proposed phase, and the exact implementation time and final scope are not yet clear.
Global AI-related stock shocks, AMD and stock market downturns after Huang Ren's resignation
On 12 November, Reuters reported that Jensen Huang resigned as CEO of Ingrid due to the continuing fermentation of the extramarital affair scandal, triggering a sharp drop in global AI concept stocks on Thursday.
On the previous trading day, CoreWeave also saw its AI concept share bounce more than 27% overnight due to its financial performance; other new cloud service providers also failed to survive, with shares of IREN and Applied Digital doubling down.
Oracle is also down 2.6%, and the company is expanding its collaboration with Ingrid on cloud AI chips.
Other tech stocks are under the same pressure. US-Light Technologies dropped 2.5%, with Flash and Western data falling 6% and 3.7% respectively. Photon device maker Lumentum, Coherent, and AI server maker Dell dropped between 3% and 5.1%.
The other two AI chip makers competing with Ingrid, AMD and Bloomberg, were up 3.7% and 5.6% respectively. Investors expected that Ingrid's turmoil could create opportunities for competitors. Shares of large cloud service providers such as Alphabet, Amazon and Microsoft also rose 0.8% to 2.7%.
According to data analytics firm ORTEX, this week alone, investors who do business with Invisalign gained $9.6 billion (current exchange rate is about 641.84 billion yuan) in account gains.
Tencent responds to "50% layoffs" rumours: misreading internal speech
On November 12, Zhang Jun, head of Tencent's public relations, said that the "50% layoffs" were not entirely true. He said the rumor may have originated in a live broadcast of Tencent's 28th anniversary the day before, in which management discussed a set of metaphors used in AI-era organizational change.
According to Zhang Jun's explanation, the management will do better with the existing core business people than with the "Army" and will explore the AI native business people than with the "Navy" and "50%", respectively, describing the two categories; this refers to discussing resource scheduling and not announcing the dismissal ratio. Zhang Jun also said that Tencent wants to improve the efficiency of the existing business and to make the management level more level playing field.
SpaceX is developing AI chip racks to reduce reliance on Ingrid's supporting parts
According to SemiAnalysis, SpaceX is developing Kessel, a customized version of the Vera Rubin NVL72 rack that replaces the original NVLink cable box with a no-source PCB centerboard. The scheme retains Oberon's 72 GPU packaging, 18 computing trays and 9 switching trays, but places these trays around the centerboard back to back.
SpaceX plans to purchase chip packaging directly from U.K. and the rest of the components itself, bypassing the U.K. L6 calculator. This will give SpaceX greater autonomy in selecting suppliers and purchasing components.
WeChat's "Read It" small-scale test entry for short films, and recent episodes can be viewed.
On November 12, according to a report in the Danish tabloid Daily Mail, people familiar with Tencent said that Weibo "Read it" was testing short film entries on a small scale. Users who qualify for testing can find the entries on the "discover" page of Weibo and view the short films they have seen recently; not all users can currently use it.
Tencent has previously launched a free-to-air short drama miniseries "Green Bubble Shorts" on WeChat, earning revenue through advertising. The test provides users with a path to return from "Read" the short drama content, but whether the entrance will expand the opening, how to show and recommend the series remains to be seen in future product arrangements.
DDR5 product progress: 32Gb particle landing, MRDIMM speed up to 12800Mbps
On 12 November, Blue Note Technology received the latest developments in its DDR5 RDIMM, MRDIMM product line from Long Note.
DDR5 particles have been converted from 24Gb to 32Gb
RDIMM module achieves 32GB of mainstream capacity, 128GB of mainstream capacity, 5600Mbps and 8000Mbps of full coverage.
MRDIMM has a capacity of 128GB, 192GB, and a top speed of up to 12,800Mbps.
Chongqing said demand driven by the rapid development of AI applications, four-quarter companies still receiving strong demand from server customers for products, DRAM supply shortages will continue, and the company expects revenue to continue to grow in the fourth quarter.
Musk: Cybertruck production will be extended until the end of summer 2027
On November 12, Musk said that in order to complete additional backup orders for the Cybertruck, Tesla would extend production of the model until the end of summer 2027.
Earlier, he announced plans to phase out production of Cybertruck at the state plant by mid-2027, freeing up space for the expansion of Cybercab driverless taxis, and said some undelivered orders would be refunded in cash.
Consumer discouragement: iPad sales in the third quarter fell 45.2%
On November 12, data released by Lotto Technologies showed that in the third quarter of 2026, sales of all-channel consumer-grade smartphones in China were 6361,000 units, a decrease of 20.1% compared to the previous quarter. On its mainstream e-commerce platform, Apple's iPad sales decreased by 45.2% compared to the previous quarter, and its share of sales decreased to 19.1%, but remained at the top of the sales list.
Lotto Technologies believes that Apple's increase in iPad sales at the end of June was a major reason for the third-quarter sales pressures. Among them, Apple's 11th-generation iPad accounted for more than 60% of sales, with average prices increasing by 14.2% to 3,468 yuan. The overall tablet market was also influenced by factors such as increasing parts costs, subsidized early release of some purchasing needs last year; the agency expects that in 2026, sales of consumer-grade smartphones in all channels will decline by 20.8% in comparison. Source: Interface News
It has been reported that the second-hand trading platform has secretly filed an IPO application in Hong Kong to raise $500 million.
On November 12, according to Bloomberg, people familiar with the matter revealed that Beijing Transformational Technologies Limited (the operator of the second-hand trading platform "Transform") had secretly filed an IPO application in Hong Kong, which is likely to go public next year.
The aforementioned people said that the e-commerce company could raise up to $500 million through this IPO (current exchange rate is about 3343 million yuan).
According to the company's official website, the group owns a number of second hand electronics brands, including turntables, search engines, procurement men, red clothing, mobile phones, 3C digital, luxury goods, books, clothing, shoes, maternal and infant accessories, furniture, etc. By 2025, it will serve more than 5,000,000 customers.
Google releases Gemini 4 Hydrogen: Fast Programming, which is starting to access searches
On 12 November, Google released Gemini 4 Hydrogen, the primary daily programming and multi-step intelligent task. Tests published by Google showed that at the default "high" thinking level, hydrogen completes tasks at about 2.5 times the speed of Gemini 3.8 Flash; in Terminal-Bench 4.1, the two scores were 57% and 18.2%, respectively.
Hydrogen is launching Gemini applications, Google Search, AI Studio, Gemini API and enterprise services. Its API supports up to about 1 million tokens in context, with input and output fees of $1.50 and $7.50 per million, respectively.
Byte launches Seedance 2.5 flash: video generation speeds up, 720p is about 0.99 bits per second
On November 12, Byte jump launched the video generation model Seedance 2.5 flash. Officially, the new model's production speed is double that of Seedance 2.5. In 720P video, for example, the production price is about 0.99 yuan per second, a decrease of about 34%. This price corresponds to specific resolution and generation methods, and cannot be directly used to calculate the cost of all tasks.
The Seedance 2.5 flash is the longest one-time 30-second video, supporting input of images, video and audio references, with output resolutions of 480P or 720P. The model will continue to land on the Dream platform; volcano engine documents show that the online experience and API calls are scheduled to open on November 15 at 14:00.
Aston Martin signs a partnership with Disney and Lucasfilm to celebrate the 50th anniversary of Star Wars
On November 12, 2027, the 50th anniversary of the Star Wars franchise, Aston Martin announced a partnership with Disney and Lucasfilm to celebrate this milestone. Aston Martin plans to host a series of events over the next year to review the development of the Star Wars franchise, but details have not yet been released.
Aston Martin revealed that the two sides will showcase the artistic charm of the UK's top luxury craftsmanship and film narrative through a series of events and collaborative projects during the anniversary celebrations.
Aston Martin plans to announce more anniversary events in early 2027.[citation needed] In addition to co-hosting events with Disney and Lucasfilm, Aston Martin expects to launch space-themed special edition models or configuration kits.[citation needed]
In July, Aston Martin, which is facing ongoing financial pressures, received about $735 million in new debt financing (current exchange rate is about RMB49.14 billion) and said the money would be used to support follow-up product plans.
GTA 6 has sold nearly 10 million copies and has doubled the PS, Xbox records.
On November 12, Sony and Microsoft respectively confirmed that the yet-to-be-released PlayStation GTA 6 was the highest-selling game in PlayStation Store and Microsoft Store history. Data from third-party market research firm Sensor Tower shows that, as of November 10, the PS5 version is expected to receive 7.23 million subscriptions in terms of platform distribution, accounting for about 75% of the total; the Xbox Series X/S version is about 246 million copies, accounting for 25% of the total.
GTA 6 will launch on November 19 for the PS5 and Xbox Series XS, with both major platforms now available for pre-loading, and Sony releasing the game nine days in advance to ease the centralized download pressures of the day's release, with Microsoft announcing that the game will be supported on the day of release for the Xbox cloud, allowing players to play in the cloud on devices such as Xbox One.
Sony said that given the high demand for players, it decided to open the download nine days in advance, hoping to reduce the centralized download pressure on the day of release.
Microsoft also announced that GTA 6 will support Xbox Cloud games, which players can play in the cloud on devices such as the Xbox One.
*Image from Visual China
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How does AI gradually understand a person's preferences and behavior patterns from scattered emails, calendars and everyday conversations?
What are the technological and product barriers that need to be crossed, from actively reminding people to actually doing something for them?
How will different business models affect the relationship of trust between AI and users?
Remembering a person may be simple, but it's really hard to understand a person from memory.
