Jensen Huang resigns as Nvidia CEO, LangChain raises $300 million at a $3 billion valuation, and more - Daily AI Brief #582

In this edition, covering 12 November:

• Nvidia says Jensen Huang has resigned with immediate effect as president, CEO and board member; CFO Colette Kress is interim CEO.
• LangChain raised $300 million in an investment led by Alphabet's CapitalG at a $3 billion valuation, up from $1.25 billion in 2025.
• Nebius reported third quarter revenue of $980.8 million, up 571% from a year earlier, and projects $12 billion to $13 billion in revenue for 2027.

From our lists

An AI Brief list covers security platforms that protect AI models, apps and agents.

AI security platforms for models, apps and agents

Nvidia

Nvidia says Jensen Huang has resigned with immediate effect as president, CEO and a member of the board, a further development in the company's investigation involving him. CFO Colette Kress will serve as interim CEO while the board searches for a permanent successor, and Harvey C. Jones becomes the board's first chair. Huang resigns

Huang agreed to testify before Congress by Thanksgiving after senior House Republicans threatened to subpoena him. The closed door testimony will answer questions from the House Foreign Affairs, Intelligence and China committees and is expected to be recorded and transcribed. US lawmakers from both parties are considering adding stricter controls on advanced chip exports to China to the annual defense bill, including tracking shipped chips, closing equipment export loopholes and giving Congress more oversight of Commerce Department approvals. The effort reportedly gained support after the allegations involving Huang and concerns that chips sold to Singapore company Megaspeed were diverted to China; no final agreement has been reached. Huang to testify · China chip controls

US President Donald Trump suggested Apple chairman Tim Cook could replace Huang at Nvidia. Fortune reports that the resignation adds scrutiny to Anthropic's planned IPO, because of Nvidia's planned $10 billion purchase of Anthropic shares and its chip supply agreements with the company. Trump on Tim Cook · Anthropic IPO pressure

Chinese AI companies are seeking to reserve Nvidia powered computing capacity at data centers outside China before the US Commerce Department finalizes a rule that could block remote access to advanced chips. The proposed controls would extend to seven more countries, including Malaysia, Singapore and Thailand. Overseas capacity

OpenAI

OpenAI told investors its third quarter operating loss reached $10.9 billion, up from $10.1 billion in the previous quarter, while revenue grew by about 50 percent, according to the Wall Street Journal. CEO Sam Altman told Samsung executives in South Korea that near term demand for AI infrastructure, memory and data centers may fluctuate, while wider AI use could drive long term token consumption; he named chip supply and data center capacity as major constraints. Third quarter loss · Altman on demand

OpenAI added Red Team, for web application testing and vulnerability validation, and Defense Factory, for investigating flaws and preparing patches, to its Daybreak security platform, along with an Endor Labs integration. It also says automated red teaming and reinforcement learning improved the jailbreak resistance of GPT-6 Astra and Sol in cybersecurity, biology and violent activity scenarios. At the Paris Peace Forum, OpenAI signed the Charter of Engagement for Safer AI for Children and committed $2 million to a research network that will develop tools to measure AI risks and benefits for children. Daybreak update · GPT-6 red teaming · Children's AI safety charter

Google

Google introduced Gemini 4 Hydrogen, a faster model for coding and agentic work, rolling out across the Gemini API, AI Studio, the Gemini app, Google Search, Google Sheets, Android Studio and Google Antigravity. It has a 1 million token context window and costs $1.50 per million input tokens and $7.50 per million output tokens. A new Orchestrator in Antigravity switches between Hydrogen and Gemini 4 Carbon during a task. Google DeepMind released AlphaGenome 2, a DNA model trained on more than 107 million cell profiles across 68 tissues that predicts how genetic variants affect specific cell types; DeepMind says it finds nearly twice as many gene expression changing variants as the previous model. It is available for noncommercial research and is not approved for clinical use. Gemini 4 Hydrogen · AlphaGenome 2

Anthropic

Anthropic launched Claude for Manufacturing, a plugin with 17 skills for tasks such as quoting jobs, investigating failed inspections and diagnosing machine breakdowns, with connections to Autodesk Fusion, Infor, Microsoft 365 and Oracle NetSuite. Infor and Anthropic also announced a partnership that lets select Infor Velocity Suite customers use Claude to reach manufacturing data and carry out approved actions, such as updating purchase orders. In Toptal's ExpertCrowd-SWE coding benchmark, Claude Opus 5.5 led with 67.3%, while DeepSeek and SpaceXSI's Grok 4.6 scored 32.5% and 32.2%. Claude for Manufacturing · Infor and Anthropic · ExpertCrowd benchmark

Nebius

Amsterdam based AI cloud company Nebius reported third quarter revenue of $980.8 million, up 571% from a year earlier and above analyst estimates. Adjusted EBITDA was $465.8 million and the net loss was $37.5 million. Nebius expects 2026 revenue near the lower end of its $3 billion to $3.4 billion forecast and projects $12 billion to $13 billion in 2027. Nebius results

Baidu

Baidu introduced ERNIE 5.5 Flash Preview, a 280 billion parameter foundation model, at Baidu World 2026, along with two application models, a Token Exchange marketplace for model services and upgrades to its AI agents. It also announced the Tianchi supernode with 1,024 cards and optical interconnect, and said its Kunlunxin M300 inference chip is expected to ship in 2027. ERNIE 5.5 Flash Preview

Chips and data centers

Vertiv introduced the PowerNexus MV UPS, an outdoor medium voltage system that combines UPS protection, fault ride through and AI power smoothing. Vertiv says it helps data centers connect to the grid faster, keep indoor space for computing and rely less on diesel generators. Shipments are expected to begin in mid 2027, and Vertiv plans to open a medium voltage laboratory in Bologna, Italy, in 2027. Vertiv PowerNexus MV UPS

US startup Luminal raised $25 million from Standard Capital to expand its search compiler and inference cloud, which help developers run AI models across GPUs and application specific chips, including Amazon Trainium, to cut costs and dependence on Nvidia hardware. Luminal

Cerebras Systems reported record third quarter revenue of $210.8 million, up 55% year over year, and forecast fourth quarter revenue of $310 million to $330 million, citing demand for high speed AI inference, new hyperscaler deals and 700 megawatts of data center capacity under contract. Cerebras says Microsoft is expected to begin contributing revenue in the first quarter of 2027. Cisco reported first quarter fiscal 2027 revenue of $18.5 billion and raised its expectation for AI infrastructure revenue from hyperscalers to $9 billion for the year, more than double the previous year. Cerebras results · Cisco results

San Francisco startup Mount Thor raised $45 million in seed and Series A funding, co led by CRV, Conviction, Chad Byers and Offline Ventures, to expand cloud capacity built on Apple hardware for AI agent training, testing and inference. LMSYS Org launched the SGLang Consortium for open source AI inference with NVIDIA, AMD, Intel, Google, Meta, Cloudflare, Modal and RadixArk. Arena Physica will work with AMD to train the next version of Heaviside, its foundation model for electromagnetism, on the Lux AI supercomputer at Oak Ridge National Laboratory. Mount Thor · SGLang Consortium · Arena Physica and AMD

Data center buildout and power

SpaceX says it plans to invest more than $74 billion in AI supercomputing campuses in Arizona and at Starbase, Texas, including a planned Texas natural gas power plant and $220 million for water and sewage upgrades in Brownsville and Cameron County. Northstar Technologies is converting a 153,000 square foot warehouse in Fort Myers, Florida, into a campus that manufactures modular data centers from fiber reinforced polymer. SpaceX campuses · Northstar Technologies

Monitoring Analytics, the independent market monitor for PJM, says capacity auctions across 13 US states and Washington, DC were not competitive because they included existing and forecast data center demand, which it says raised capacity costs by $29.4 billion. It recommends excluding forecast data center demand and requiring data centers to bring new generation. The South Australian government says gas can provide continuous backup power for proposed AI data centres alongside renewable energy, a policy criticised by environmental groups and the Greens. A report led by Columbia's David Sandalow for the Innovation for Cool Earth Forum says space based data centers could become common before their technical, environmental and governance risks are understood. PJM capacity costs · South Australia · Space based data centers

Agents and developer tools

LangChain raised $300 million in an investment led by Alphabet's CapitalG, valuing it at $3 billion, up from $1.25 billion in 2025. LangChain develops a platform for enterprises to build and deploy AI agents. CodeRabbit says its annual recurring revenue grew from $10 million to $100 million in just over a year. More than 20,000 customers and 400,000 monthly active users use its AI code review and security tools, which process over 3 million pull requests each week. LangChain · CodeRabbit

Square made Squaremates, Square MCP, Square CLI and Squaremates Apps available to US sellers at no additional cost. Squaremates handles multistep business tasks, while MCP and CLI connect external AI tools and custom applications to Square accounts. Charles Schwab introduced an MCP server that lets selected clients using Anthropic's Claude reach account data, research and portfolio tools, with trading actions for eligible thinkorswim accounts. Schwab also plans a thinkorswim Assistant. Squaremates · Schwab MCP server

Kindo raised $30 million after reporting about 800% year over year revenue growth in 2026. Its AI Control Center and Deep Hat tools help businesses monitor, govern and control enterprise AI agents, including their data access and costs. Hatz AI raised $24 million in a Series A led by Nadia Partners for its AI platform for managed services providers, including model routing. San Francisco based Delphina raised $7.5 million, co led by Radical Ventures and Costanoa, for the Context Factory, which uses AI agents to build and maintain business context for analytics; its total funding is now $15 million. Kindo · Hatz AI · Delphina

Retell says it has reached a $100 million annualized revenue run rate; more than 4,000 customers use its AI agent platform for over 100 million calls per month. Meta's Muse now lets all paying users ask the AI to call US businesses, with plans from $20 per month; Meta says Muse has more than 10 million users. Sling TV and Pypestream say a phased AI rollout raised customer support resolution from 36% to 71% between the third quarter of 2025 and the third quarter of 2026. Retell · Meta Muse calls · Sling TV and Pypestream

ServiceNow introduced Autonomous CRM Engine, which analyzes legacy CRM use and helps enterprises move to ServiceNow CRM in weeks. Salesforce released SOV-Transcribe-1, a speech to text model with 4 billion active parameters under the Apache 2.0 license, which it says ranks first among open weight models for non streaming speech recognition. London based Wirex launched Navoka, an AI payment agent with its own IBAN, debit card and digital asset wallet, available by invitation. Astrid Legal launched an AI notetaker and a billable hours tool for law firms, and AlphaPai launched an AI investment research platform for global markets at Hong Kong FinTech Week. ServiceNow · SOV-Transcribe-1 · Wirex Navoka · Astrid Legal · AlphaPai

In a Sonar survey of 1,026 developers and engineering managers, respondents say AI generates or significantly assists with 65% of committed code, while 76% say they cannot verify AI generated code as fast as it is produced. Inception told customers in a notice that the Mercury API will remain available through 28 December 2026, after which they lose access to the service and the data submitted to it. Sonar survey · Mercury API shutdown

Security and policy

Notion says a security incident at Fireworks AI exposed chat transcripts from some workspaces that used the Insights feature of Notion AI, fewer than 1% of workspaces. Notion disconnected from Fireworks, deleted data stored there, disabled Insights and told affected customers to review the data and rotate exposed credentials. Notion and Fireworks AI

Palo Alto Networks' Unit 42 says Chinese speaking attackers used the open source Cairn AI penetration testing framework in 25 operations against at least 19 organizations in August and September, gaining access to or retrieving data from 10 of them. Island found 186 lookalike domains across 27 AI brands, including Claude, ChatGPT and DeepSeek, that sent visitors to malware. Forescout says researchers used a Claude powered AI harness to find 66 new vulnerabilities in 10 embedded TCP/IP stacks, at a cost of $1,200 to $2,300. Cairn attacks · Fake AI domains · Forescout

Four US advocacy groups sued Anthropic, Google, Meta, OpenAI and SpaceX in San Francisco Superior Court, seeking to stop them from developing or deploying new AI models; they allege violations of California's unfair competition law. MIT FutureTech, the University of Queensland and more than 40 collaborators released the free AI Risk Mitigation Repository, which catalogs 2,206 proposed safeguards from 47 frameworks. Lawsuit against AI companies · AI Risk Mitigation Repository

NewsGuard reports that leaked files show John Mark Dougan used Claude, Qwen and other AI tools to produce large volumes of pro Russian content, influence search results and AI models, support election messaging and promote false claims about Ukraine. NewsGuard on Dougan

The European Parliament adopted a resolution calling for human oversight of AI in EU institutions, European AI tools, stronger safeguards in democratic processes and a European Parliament AI observatory. It passed with 405 votes in favour, 133 against and 60 abstentions. European Parliament resolution

Governments and regulators

The Japanese government is reportedly considering legally binding safety measures and penalties for AI businesses involved in incidents linked to advanced AI, with a review outline expected by the end of the year. Australia's prudential regulator APRA warns that frontier AI models could raise cyber risks and plans stress tests based on hypothetical AI crises from 2027. The Ontario Securities Commission published a staff notice finding that most registered firms are in the early stages of AI adoption and remain accountable for AI use and outputs. EU DisinfoLab reports that only eight EU member states appointed AI Act market surveillance authorities by 2 August 2025. Japan · APRA · Ontario Securities Commission · EU DisinfoLab

NHS England removed a webpage claiming 137 hospital trusts were live with and benefiting from Palantir's Federated Data Platform after 29 trusts said they were not using all or most of it. Norway and the United Kingdom signed a letter of intent on AI cooperation, and South African President Cyril Ramaphosa will lead a delegation to Silicon Valley from 15 to 21 November to discuss AI investment and infrastructure. NHS and Palantir · Norway and UK · South Africa delegation

Federal Reserve Governor Michael Barr said AI could widen US income and wealth inequality if its benefits go mainly to large firms, investors and highly skilled workers. A preliminary Federal Reserve study finds that the effects of AI on US labor markets and productivity remain small so far, while prices have risen in sectors that supply data centers, including memory chips. Barr on inequality · Fed study

Devices and vehicles

Meta asks owners of its Adventurer, Fury, Starfire, Nova and Capri AI glasses to install update 130 after finding that moisture or sweat can make some units unusually warm. The update adds an automatic shutdown safeguard; Ray Ban and Oakley glasses are not affected, and owners with the issue can request a free replacement. Some features will be blocked on affected glasses that are not updated by 16 November. Meta glasses update

May Mobility plans to deploy more than 10,000 autonomous Volkswagen ID. Buzz vehicles through 2031, with the first production vehicles targeted for 2028. It will work with ECARX and Charlton Intelligence.ai, and plans US road testing in early 2027. May Mobility

California startup Memories.ai pays people up to $18 for accepted first person videos of tasks such as cooking and laundry, recorded with its LUCI Pin, to train robots. It says it collected more than one million hours of footage in its first beta month; that figure has not been independently verified. Memories.ai

Defense and space

Kraus Hamdani Aerospace of Reno, Nevada, says the US Army selected its K1000ULE for a Program of Record. The company will deliver fully electric Group 2 aircraft with vertical takeoff and landing for reconnaissance, surveillance, target acquisition, communications and other missions. Trusted Space acquired Falcon ExoDynamics, combining Falcon's spacecraft level autonomy and rendezvous and proximity operations with Trusted Space's mission level autonomy, intent modeling and command and control software for national security space customers. Kraus Hamdani · Trusted Space

France will open the International Center for AI in Defence in Rennes in July 2027 to support military cooperation, compare AI systems and develop shared standards. US robotics startup Foundation Future Industries says it is in talks with Israel's military about supplying up to 1,000 Phantom MK1 humanoid robots for tasks in Gaza's tunnels; no agreement has been finalised. Rennes AI defence centre · Foundation robots

Health

Paris based Orakl Oncology raised $34 million in a Series A led by Norrsken VC and Singular to expand its AI platform from colorectal and pancreatic cancers to lung and gastric cancers. Orakl says the platform predicts cancer trial outcomes with 90% accuracy; that figure has not yet been shown to improve drug development success rates. US healthcare technology company Elligint Health is acquiring Israeli startup Laguna Health in a deal estimated at tens of millions of dollars; Laguna becomes Elligint's AI development arm. Chris Hemsworth co founded KINSYN, a US wellness platform that combines physician guided care, prescription therapies, supplements, lab testing and health data, with AI that helps providers develop individual recommendations. Orakl Oncology · Elligint and Laguna · KINSYN

EORTC joined ResPECT, a four year project led by Heidelberg University with 22 partners in eight European countries, to develop a multilingual AI assistant that turns patient experiences in cancer and mental health care into information for care teams, patients and policymakers. EORTC and ResPECT

Funding and deals

Mirendil raised $1 billion in a Series A led by Kleiner Perkins and Clearlake Capital, with Google among the investors, for tools that use AI agents for frontier AI research, including its Mirendil-Base coding model. Its CTO Harsh Mehta previously worked at Anthropic. Norwest raised a $4 billion fund, its largest, with a focus on AI startups in areas such as healthcare, physical AI, voice AI and cybersecurity. Dallas based 4Minds raised a $15 million Series A at a $500 million post money valuation for software that helps regulated businesses build AI systems on private data. Mirendil · Norwest fund · 4Minds

Disney Worldwide Services was named stalking horse bidder for certain Character.AI intellectual property and technology assets in its Chapter 11 sale; the bid is reportedly $20 million and excludes chat logs. Inveniam acquired Docugami, the startup founded by XML pioneer Jean Paoli, after the two released DGML, an open source format that turns business documents into traceable data for AI agents. Disney and Character.AI · Inveniam and Docugami

UK licensed bank Griffin raised $20 million in a Series B led by Octagon Partners, valuing it at more than $100 million; it serves over 80 fintech companies and plans debit cards, credit cards and stablecoin infrastructure. New York based Axle raised $9 million led by Eniac and Bonfire Ventures for its AI platform that helps sell side firms manage events, target investors and coordinate meetings. Griffin · Axle

Tristar AI raised a $12.4 million Series A led by Isogon Ventures for AI visual inspection in manufacturing; it says its system runs on more than 500 production lines in North America and Europe. Amsterdam and San Francisco based Mondrio raised $3.75 million led by Heartcore Capital for AI agents that handle pricing strategy, quoting, discounts, negotiations and renewals. Berlin and Los Angeles startup Opdo raised a $2.3 million pre seed round led by Angular Ventures for AI tools that connect optical design, simulation and manufacturing data. Tristar AI · Mondrio · Opdo

Also

The Interactive Advertising Bureau released the AI Era Attribution Blueprint, which classifies conversions as Human Owned, AI Assisted or AI Executed and defines the evidence needed to evaluate attribution claims. Kudu says students in a UCLA History 2C pilot wrote twice as many fully developed arguments with Kai Coach, an AI tutor that asks questions instead of writing answers, and the share of final exams citing assigned readings rose from 7% to 87%. IAB blueprint · Kudu and UCLA

The Game Developers Conference State of the Game Industry report says 40% of game developers use generative AI at work, while 55% of respondents believe AI is having a negative impact on games. A RAND report finds AI use among US parents rose from 54% in 2025 to 72% in 2026, reaching 84% in families earning at least $150,000. GDC report · RAND on parents