An Affair to Remember 📉🇨🇳

👀 TLDR

In this week’s What’s Appening, we cover the fallout from Nvidia CEO Jensen Huang’s affair with an (alleged) Chinese government spy. Yes, this might feel more suitable for Page Six gossip columns, but it has big ramifications for the AI sector and, of course, national security. We also look at the raft of new iPhone Duo-optimized apps, Meta’s new tool for giving teens the right accounts, Spotify coming to an airplane near you, and loads more!

🎬 Our Top Take

📉🇨🇳 Nvidia – Stockholders May Sue as Huang Admits Affair

We aren’t ones for salacious gossip in this newsletter, but this week's explosive news is highly consequential for the tech industry. So what’s the deal? Well, Jensen Huang, CEO of Nvidia, has admitted to having an extramarital affair with Chinese businesswoman Alice Huang (no relation). Okay. We don’t condone his behavior, but these things do happen. However, reports claim that Ms. Huang is (allegedly) a spy for the Chinese government. That is the part that, for obvious reasons, puts Huang in deep trouble. Nvidia’s stock plummeted on the news, which, given its size and role in powering the AI industry, has ramifications for the entire US economy. Today, reports have also emerged that several law firms were investigating Nvidia in preparation for lawsuits. You can’t sue someone for simply having an affair, sure, but the firms are looking at whether Nvidia and Huang misled investors over his ties to Ms. Huang’s firm, Megaspeed. Donald Trump also announced the FBI was investigating, though the President was largely supportive of Huang in his address. We don’t think it’s an existential threat to Nvidia, which became the first public company to exceed a $5T valuation last year, but it puts a big question mark on the CEO’s judgment. #AnAffairToRemember Read more here.

📲 App of the Week: See As Me: Colorblind

We saw some wonderful new apps as part of RevenueCat’s Shipaton 2026, an annual competition that features thousands of builders submitting their products. Judging by the prize winners, productivity still seems to be the biggest draw. But we loved RevenueCat’s Peace Prize Winner, See As Me: Colorblind. The app – free to use – allows those with protanopia (color blindness) to show people how they see the world by using a split-screen camera to transform any image into a comparison slide. It’s a simple idea, but as with many of the apps we have built over the years, it has a deeply personal backstory for its creator, Javier Jiménez. Download it for free on iOS here.

🧐 Stat of the Week: 0.0001575%.

📈📉 Uber – Quarterly Filings Show AI Agents’ Role in Bookings

Uber released its 3rd-quarter financial report last Friday, showing that across Uber Eats and Uber there were 320 million rides across the three months. We did notice, however, that Uber also reported on how many of those rides were booked by AI agents. For Uber Eats is was 500, whereas it was just four for Uber cars. We put that at 0.0001575% of the total rides. Plenty of room for growth, sure, but the fact that they are including this in the report suggests they see it becoming more prominent in the future. #AgentRides Read more here.

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