Google brings Gemini Live to Apple CarPlay worldwide

Key Takeaways

• The US Commerce Department is considering a rule that could require licenses for advanced Nvidia chip deliveries to data centers in seven countries and restrict remote access by Chinese firms.
• Alibaba, Tencent and ByteDance have been linked to overseas Nvidia chip capacity; Alibaba shares fell as much as 7.3% amid concerns about tighter controls.
• The House passed the Remote Access Security Act 369–22 in January, but the Senate has not acted; the broader Commerce Department proposal remains under review.
• Reports describe Nvidia board scrutiny and a requested congressional briefing involving Jensen Huang. A separate report says Huang resigned as CEO, president and board member, with CFO Colette Kress named interim CEO.
• Nvidia’s preliminary agreements with six financial firms aim to mobilize more than $500 billion for AI infrastructure, but still require final agreements and could be reassessed.
• CoreWeave reported third-quarter revenue of $3.66 billion, up 168%, raised its 2026 outlook to $13 billion–$13.3 billion, and said it will avoid unsecured debt markets through 2027.
• Google is rolling out Gemini Live to Apple CarPlay worldwide for iPhone users, including features for Gmail, email threads, calendars and meeting preparation.
• Pershing Square sees AI opportunities in Meta’s recommendations, advertising, wearables and business assistants; Meta’s third-quarter revenue rose 26% to $64.6 billion.
• Check Point reported October 2026 cyberattacks averaging 2,550 per organization weekly, 32% above a year earlier; 2.9% of risky generative-AI prompts posed a high risk of sensitive-data exposure.
• The BFI awarded £650,000 for AI training for 18 UK independent creatives, while a business survey found 77% of decision-makers say their organizations spend too much on small AI improvements.

US moves to restrict China’s remote access to advanced AI chips

The Commerce Department is finalizing a rule to stop Chinese AI companies from remotely accessing advanced chips through data centers in other countries. Two people familiar with the process said the rule has been in development for more than a year and could be completed in the coming weeks. The plan is part of a wider effort to strengthen oversight of the semiconductor industry and address national security concerns. The department did not respond to a request for comment.

US rule could extend China chip controls to seven more countries

The Commerce Department is preparing a rule to block Chinese AI companies from remotely accessing advanced chips through data centers abroad, The Information reported, citing two people familiar with the matter. The rule could be announced this month and would extend existing controls to seven more countries, including Malaysia, Singapore and Thailand. It aims to prevent remote access and chip smuggling, while Chinese companies such as Tencent, Alibaba and ByteDance have signed deals to use Nvidia chips in overseas data centers. The Commerce Department is consulting with other government agencies before finalizing the rule.

Chinese AI firms seek overseas Nvidia chips ahead of possible US curbs

Chinese AI companies are reportedly seeking Nvidia chip capacity from data centers abroad as they worry the United States may tighten export controls. Reuters reported that one major Chinese cloud provider discussed reserving overseas computing capacity, while other firms have contacted foreign cloud services. A proposed US rule would require providers in Singapore, Malaysia, Thailand, Brazil, Indonesia, Norway and South Africa to get a license before receiving Nvidia Blackwell chips or newer models. Providers would also have to report who would use the chips and for what purpose, while US-run data centers could avoid licensing if they block remote access from restricted countries such as China. Nvidia has opposed the proposal, arguing that restrictions could push China to build its own chips.

Chinese chip stocks rise as US considers remote AI chip restrictions

Chinese chip stocks rose on Thursday as global semiconductor shares rebounded and investors considered possible new US controls on remote access to advanced AI processors. Cambricon gained more than 11%, Moore Threads rose around 7%, and SMIC shares also advanced. The Philadelphia Semiconductor Index climbed 5.7% on Wednesday, while strong results from AI cloud provider CoreWeave helped ease concerns about data center investment. The proposed US rule could extend current controls to seven more countries and restrict Chinese firms’ access to chips through overseas data centers. The plan remains under review, and Chinese chipmakers still face challenges in advanced manufacturing and other parts of the supply chain.

Alibaba shares slide as investors worry about tighter AI chip controls

Alibaba shares fell as much as 7.3% on Thursday as investors worried that the United States could tighten scrutiny of Chinese access to advanced AI chips. Z.ai and MiniMax Group also fell at least 8%. Alibaba rents Nvidia chips through Singapore-based Megaspeed International, and Chinese AI firms are seeking computing capacity from data centers abroad. The proposed Remote Access Security Act would let the US Commerce Department oversee remote access to restricted technology; the House passed it 369 to 22 in January, but the Senate has not acted. Alibaba and Tencent were due to report September-quarter results the following week, while Nvidia’s board opened an independent investigation and House committee leaders requested a briefing with Jensen Huang on November 18.

Alibaba and Chinese AI Stocks Fall Amid Jensen Huang Controversy

Chinese AI stocks fell on Thursday, November 12, as allegations involving Nvidia CEO Jensen Huang raised concerns that the United States could tighten rules for Chinese cloud companies seeking advanced chips. Alibaba shares dropped as much as 7.3%, while AI companies Zhipu and MiniMax each fell at least 8%. The Financial Times reported that Alibaba was Megaspeed’s largest customer and had lent money to its Malaysian subsidiary, Speedmatrix. China’s Foreign Ministry urged the United States not to use espionage claims as a reason to restrict technology exports. The countries said they remained in close contact, and their presidents were expected to meet at the APEC summit in Shenzhen the following week.

Google Brings Gemini Live to Apple CarPlay Worldwide

Google is rolling out Gemini Live on Apple CarPlay worldwide for iPhone users, in all languages supported by Gemini Live. Drivers can interrupt conversations, add information, change topics or pause Gemini when they need to focus on driving. Through Google Workspace apps, they can ask it to summarize unread Gmail messages, review long email threads, check appointments and prepare for meetings. Users must update the Gemini app, allow microphone access and have used Gemini Live on their iPhone at least once. Gemini already works with Android Auto and some vehicles, while other AI assistants, including ChatGPT, Claude, Copilot, Perplexity and Grok, have also expanded to CarPlay.

Cyberattacks Stay 32% Above Last Year as AI Use by Attackers Grows

Check Point Research reported that organizations worldwide faced an average of 2,550 cyberattacks a week in October 2026, 9% fewer than in September but 32% more than in October 2025. Education was the most targeted sector, with 5,934 attacks per organization each week, while agriculture saw the biggest yearly increase at 93%. Africa had the highest regional attack rate, and Europe recorded the fastest yearly growth at 39%. Risky generative AI prompts continued to rise, with 2.9% carrying a high risk of exposing sensitive data and affecting 90% of organizations that regularly use these tools. The report also recorded a monthly high of 1,063 publicly reported ransomware attacks and said a new extortion group using AI tools entered the top three.

Pershing Square Says Meta Could Gain Strongly From AI

Pershing Square said Meta’s business model is “one of the clearest beneficiaries of AI integration,” citing better content recommendations, more personalized ads and possible products such as wearables and business AI assistants. Bill Ackman’s firm disclosed a Meta stake worth about one-tenth of its capital and said the share price undervalues the company’s long-term AI potential. Meta’s third-quarter revenue rose 26% to $64.6 billion, helped by a 14% increase in the average price of an ad. The company’s market value was $1.64 trillion, and 254 hedge funds held its shares in the second quarter of 2026. The article also noted investor concerns about the cost of AI investment and the effect of interest rates on growth stocks.

Huang’s Nvidia Departure Could Put $500 Billion AI Financing Plans Under Review

Nvidia said Thursday that Jensen Huang had resigned as president, CEO and board member, naming Chief Financial Officer Colette Kress interim CEO. The company’s shares initially fell more than 13% before recovering some of their losses. In August, Nvidia announced preliminary agreements with six major financial firms intended to mobilize more than $500 billion for AI infrastructure. Huang’s departure could prompt lenders and investors to review those arrangements, which still need final agreements. Analysts said the new CEO will need to reassure lenders that Nvidia’s technology plans, customer ties and strategy remain sound, and warned that uncertainty could slow commitments or tighten financing terms.

BFI funds AI training for independent filmmakers

The BFI has awarded £650,000 to the National Film and Television School (NFTS) and Falmouth University to help UK independent creatives learn to use AI safely and creatively. Over two years, the programmes will support 18 creatives. NFTS received £400,000, while Falmouth received almost £250,000 and is partnering with Charismatic.ai to offer mentoring, face-to-face training, and access to its CineProLab product, which has about 40 training modules. Falmouth’s Lab to Slate programme will produce a free AI Production Playbook based on real projects, including lessons on what does and does not work. The BFI says the funding will support research, practical experimentation, and responsible use of AI in independent film.

Analysts debate Nvidia’s outlook

Gil Luria, head of technology research at D.A. Davidson, argues that Nvidia still makes the most cost-effective chips for AI. He says that would remain true even if Jensen Huang left the company. CFRA Research equity analyst Angelo Zino offers the opposing, bearish view. The article presents both sides of the debate over Nvidia.

Business leaders want AI to drive bigger change

A recent survey found that 77% of business decision-makers believe their organizations spend too much on small AI improvements, while only 11% expect AI to fundamentally change how their organizations operate, create value, or compete in the next year. Nearly two-thirds say AI has not yet transformed their organizations. Avanade chief AI officer Ben Beath says companies often add AI to old processes instead of redesigning those processes around AI. He argues that CEOs, CFOs, business leaders, and CIOs need to work together on AI strategy, while still allowing room for useful efficiency projects. The article says AI transformation requires attention to how data, applications, technology, business processes, and leadership work together.

CoreWeave rally hints AI market fears may be easing

CoreWeave shares rose 24.7% on Wednesday, November 12, 2026, after the company reported third-quarter revenue of $3.66 billion, up 168% from a year earlier and above estimates. It raised its 2026 revenue outlook to $13 billion to $13.3 billion and said it does not plan to use the unsecured debt market through 2027. The stock had fallen 40.6% in the month before the earnings report and still closed at $60.77, 56% below its May 6 high of $137.98. Other AI-related stocks also rebounded, with AMD up 36.7% and Nebius up 28.5% since last Thursday, while Nvidia faced questions about Jensen Huang’s future. The VIX fell to 17.49 from 28.18, but the article cautions that the rally does not prove the AI selloff is over.

Sources

• Commerce Department Finalizing Long-Awaited AI Remote Access Rule
• U.S. finalizing rule to block China’s remote AI chip access- The Information
• Chinese AI Firms Scramble for Nvidia Chips After Huang Exit
• China chip stocks rally as U.S. weighs curbs on remote AI access
• Alibaba stock falls as much as 7% on fears of tighter U.S. AI chip scrutiny
• Jensen Huang controversy hits Chinese AI stocks; Alibaba falls more than 7%
• Google Brings Gemini Live to Apple CarPlay
• Cyber Attacks Remain a Third Higher Than Last Year as AI-Powered Extortion Group Breaks into the Top Three
• Pershing Square Calls Meta’s (META) Business Model “One of the Clearest Beneficiaries of AI Integration”
• Jensen Huang's Nvidia exit casts shadow over Wall Street’s $500 billion AI financing bet
• BFI partners with education sector to deliver AI training to ...
• Bulls vs. Bears on Nvidia
• CEOs have had enough of incremental AI
• Even with Nvidia drama, peak AI bearishness could already be behind us