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Nvidia CEO Jensen Huang declines Warren’s request to testify at AI hearing

Nvidia CEO Jensen Huang has declined an invitation from Sen. Elizabeth Warren, D-Mass., to testify at a Senate committee hearing later this week about American AI development, NBC News has learned. Thursday’s hearing, held by the Senate Committee on Banking, Housing, and Urban Affairs, will examine AI’s role in American innovation, affordability and technological dominance. Warren had requested Huang’s attendance to learn more about Nvidia’s business in China and its approach to export...

NBC News 1d ago

Warren invites Nvidia CEO Jensen Huang to Senate hearing on China AI chip sales

Nvidia CEO Jensen Huang is being invited to testify before the Senate Banking Committee on June 11 as Sen. Elizabeth Warren, D-Mass., sharpens her focus on the chipmaker's China sales, export controls and role at the center of the global AI boom. "Appearing as a witness will give you an opportunity to testify about NVIDIA's views on U.S. export control laws and regulations and NVIDIA's business in China," Warren wrote in a letter first obtained by CNBC. She asked Huang to confirm his...

CNBC 5d ago

Nvidia CEO Jensen Huang declines Senate testimony on AI, China and exports

Nvidia CEO Jensen Huang has declined an invitation from Sen. Elizabeth Warren to testify before the Senate Banking Committee this Thursday, as lawmakers increase scrutiny of the chipmaker's China business and its role at the center of the global AI boom. Huang's decision means one of the most powerful executives in AI will not appear at a hearing focused on American AI development, innovation, affordability and U.S. technological dominance. Warren, D-Mass., had asked Huang to testify about...

CNBC 1d ago

Sen. Warren calls for Trump to close "loophole" allowing AI chips to be sent to overseas units of Chinese firms

Sen. Warren calls for Trump to close "loophole" allowing AI chips to be sent to overseas units of Chinese firms WASHINGTON, June 1 : Democratic Senator Elizabeth Warren is calling on the Trump administration to close a "loophole" that has potentially allowed advanced American AI chips to be sent to overseas units of Chinese firms, according to a statement seen by Reuters. Warren, who serves as ranking member on the Senate Banking Committee, also urged Commerce Secretary Howard Lutnick to...

Channel News Asia 8d ago

Bitcoin falls to $61,000, down more than 25% this month as long-term holders sell

Bitcoin has fallen to its lowest level since February, dropping more than 25% this month, as long-term holders liquidate billions in holdings and efforts to advance US crypto regulation face uncertainty in Washington. Bitcoin's slide deepened on Wednesday, with the price dropping as low as $61,300 for the first time since February, extending one of the most turbulent periods for the world's largest cryptocurrency this year. The price is down more than 25% from its high earlier this month and...

Euronews 5d ago

JP Morgan CEO vows to fight against Act disputed by banking and crypto industries

Jamie Dimon the CEO of America’s largest bank JPMorgan Chase has sharply critisied Coinbase CEO Brian Armstrong and vowed to oppise the Clarity Act, which is a digital-asset bill advacning through Congress. According to a report by Bloomverg, speaking in a Fox Business interview, Dimon dismissed Armstrong as ‘full of sh**t’ and said that banks ‘will not accept’ the current version of the legislation. The Clairty Act, recenlty advanced by the Seneate Banking Committee, has become a flasgpoint...

Times of India 9d ago

ASIC names two KPMG partners it is formally investigating over audit scandal

ASIC names two KPMG partners it is formally investigating over audit scandal Fri 5 Jun 2026 at 5:15pm In short: ASIC has named KPMG's former chief operating officer Eileen Hoggett and audit partner Paul Rogers as two of the individuals it is investigating over the audit scandal. ASIC told a Senate estimates committee today it was formally investigating KPMG and that it still had eight current contracts with the firm. Current and former KPMG partners will appear before a parliamentary inquiry...

ABC Australia 4d ago

‘Doesn’t seem qualified’: Who is Bill Pulte, acting US intelligence chief?

‘Doesn’t seem qualified’: Who is Bill Pulte, acting US intelligence chief? Republican and Democratic lawmakers have questioned the credentials of President Trump’s latest appointee. United States President Donald Trump has appointed businessman and federal housing regulator Bill Pulte as acting director of national intelligence (DNI).

Al Jazeera 6d ago

CNBC Daily Open: Chips are down — but not for the Dow

Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC's Daily Open. Wall Street had a strong session overnight — if you squint past the Nasdaq.

CNBC 5d ago

The Latest: House poised to fund immigration enforcement for the rest of Trump's term

The Latest: House poised to fund immigration enforcement for the rest of Trump's term House Republicans hope to approve nearly $70 billion for immigration enforcement on Tuesday, which would fund Homeland Security throughout President Donald Trump’s time in office - Bookmark House Republicans hope to approve nearly $70 billion for immigration enforcement on Tuesday, which would fund Homeland Security throughout President Donald Trump’s time in office. Democrats call it a blank check that...

The Independent World 14h ago