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Forbes: If Jensen Huang leaves, NVIDIA and the artificial intelligence industry may suffer a heavy blow

According to Forbes, the board of directors of Nvidia is preparing to dismiss CEO Jensen Huang, who has served for 33 years, and may hold a meeting on November 11. Forbes reports that since The New York Times first reported on October 29 about Huang's relationship with Megaspeed executive Huang Le, Nvidia's market value has evaporated by approximately $1 trillion. In after-hours trading on November 11, the stock price fell another 8%. Wedbush analyst Dan Ives warned that if Huang is dismissed, the market value could evaporate another $1 trillion to $1.2 trillion.On November 8, Huang admitted to being unfaithful in a letter to employees. An Nvidia spokesperson stated that Huang is committed to leading Nvidia without interruption. On November 11, The New York Times reported again that Huang has an extramarital affair with Kimberly Powell, the vice president of the company's healthcare business who reports to him. Forbes cited that before this report was released, Doug Clinton from Intelligent Alpha estimated the likelihood of Huang leaving the CEO position at 10% to 20%, while Yale professor Jeffrey Sonnenfeld believed the chances of staying or leaving were equal.Forbes stated that Nvidia does not have a public succession plan, and Huang has 60 direct subordinates. Newsweek believes that if he steps down, CFO Colette Kress may serve as interim CEO. Nvidia has set its third-quarter revenue guidance at $10.8 billion, with analysts expecting a year-over-year growth of about 91%. The company is scheduled to announce its financial report on November 17. Forbes also cited SFist, stating that if Huang's wife files for divorce, under California's community property rules, the settlement amount could be between $62.6 billion and $81.1 billion.

Gate pioneered the PoSEC fund security certification, with a cold storage coverage rate of 104.58%, enhancing security guarantees

According to the official announcement, Gate has officially launched a new Proof of Security (PoSEC), becoming the first digital asset trading platform in the industry to propose a PoSEC security certification system, extending security verification from reserve adequacy to asset storage structure and risk protection.According to Gate's official page, as of the snapshot on November 4 at 08:00 (UTC+8), the platform's cold storage coverage rate reached 104.58%, with cold storage and hot wallet asset ratios being 88.26% and 11.74%, respectively. This means that according to the corresponding statistical criteria, even if all hot wallet assets are lost, cold storage can still cover all user assets. Currently, this data is being verified by an independent third-party auditing agency, and the report will be published on the official website once completed.In 2020, Gate was the first to launch an open-source Proof of Reserves (PoR) related program, and has since continued to strengthen a multi-layered security system that includes mechanisms such as the separation of cold and hot wallets, multi-signature, multi-party secure computation (MPC), and dynamic risk monitoring. The introduction of PoSEC further extends the verification of fund security from reserve adequacy to storage safety and extreme risk coverage capability, providing a new practical path for establishing a more comprehensive and transparent fund security standard for the industry.

first_img National Development and Reform Commission: Accelerate the promotion of foundational and comprehensive legislation on artificial intelligence

On November 3, the National Development and Reform Commission held a series of press conferences on advancing the "14th Five-Year Plan," introducing information on cultivating and strengthening new driving forces. Wang Ruomeng, Deputy Director of the Department of Innovation and High Technology Development of the National Development and Reform Commission, stated that there is a broad consensus in society on the coexistence of opportunities and risks in artificial intelligence. During the "14th Five-Year Plan" period, development and security will be coordinated, with security integrated throughout the research, application, and governance of artificial intelligence.Wang Ruomeng emphasized four key areas of work. First, improve the governance rule system, accelerate the promotion of foundational and comprehensive legislation for artificial intelligence, enhance legislation to protect common elements such as data, computing power, and algorithms, as well as to regulate key application scenarios, establish safety standards and ethical guidelines covering the entire lifecycle, and conduct periodic assessments of the implementation of these systems. Second, optimize the regulatory environment, reasonably set a transition period for regulatory policies, provide compliance guidance for applications across different industries, support the establishment of regulatory sandboxes for artificial intelligence in various fields, and improve the management mechanisms for application, testing, use, and exit.Third, clarify the collaborative governance responsibilities of government departments, industry organizations, enterprises, and the public, promote developers and operators to strengthen risk management awareness, timely disclose safety risks, and proactively report safety incidents and vulnerability information. Fourth, address the impact of artificial intelligence on society, pay attention to changes in employment structure, promote the inclusion of new professions such as model trainers and data annotators into the national occupational classification system, and strengthen monitoring and early warning of employment replacement risks; enhance traceability capabilities for issues such as algorithmic discrimination, deep forgery, and privacy breaches, while also strengthening guidance and intervention to prevent addiction and emotional dependence.

Artificial Intelligence Company Dark Side of the Moon Kimi Releases Game Development Plan

Kimi, a subsidiary of the artificial intelligence company Dark Side of the Moon, has released a game development and creative work solution that allows AI Agents to move from assisting in programming to participating in the entire workflow of game production, from gameplay design, 3D modeling, engineering development to publishing and operations. The solution is based on K3.1 Pro, Kimi Code, and Kimi Work, and can operate professional tools such as Unity, Unreal Engine, and Blender through plugins.Kimi can modify existing projects, run games independently, view test recordings, and continue to make modifications after identifying issues. In the official demonstration, after the planner provided reference images, videos, and gameplay requirements, Kimi was able to create a 2.5D action game prototype with mechanics such as sword swinging, dodging, and blocking using Godot. The official claim states that even without programming experience, there is a chance to create a playable version within 1 to 2 days.In another demonstration in collaboration with Unity China, Kimi worked continuously for 20 hours without human intervention, reproducing the original work and delivering a native project that can be further developed. Dark Side of the Moon also uses the solution for game publishing and long-term operations, including mass production of advertising materials, analyzing player feedback, handling community content and localization, as well as integrating AI dialogue capabilities for game NPCs through APIs.
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