Japan's biggest banks raise profit outlooks, flag data center risks
SMFG and Mizuho each plan ¥400 billion in share repurchases, while executives pointed to risks from a potential slowdown in AI infrastructure spending.
Huang turns to Paul Weiss after resigning as Nvidia CEO
Nvidia’s board has separately hired Wachtell, Lipton, Rosen & Kratz to carry out an independent investigation.
Jensen Huang has sought legal help from Paul Weiss after resigning as Nvidia’s chief executive following reports of extramarital affairs with three women. His departure ended more than 30 years at the helm of the AI chipmaker.
The scope of the firm’s work for Huang remains unclear. Paul Weiss, Nvidia and a spokesperson for Huang offered no immediate comment on November 13. Separately, Nvidia’s board hired Wachtell, Lipton, Rosen & Kratz for an independent investigation led by Joon Kim, a former senior federal prosecutor in Manhattan.
A media report identified Melinda Haag and Walter Brown as the Paul Weiss partners working with Huang. Republican leaders of several House committees sent Brown a letter seeking a private interview with Huang next month.
Paul Weiss employs more than 1,500 lawyers and advises corporate leaders facing investigations and misconduct claims. The firm faced criticism over a 2025 agreement with President Donald Trump to reverse an executive order restricting its lawyers’ security clearances and government access. Under that agreement, it committed $40 million in free legal work for projects agreed with the White House.