Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) While Nvidia’s board hunts for someone to permanently replace founder and chief executive officer Jensen Huang, it’s counting on Colette Kress — the company’s chief financial officer of 13 years and a longtime technology executive — to steady the ship.

(2) At the end, Jensen Huang looked broken and shattered, his legendary energy depleted. After weeks spent denying the allegations of infidelity and fighting to remain in his job as Nvidia Corp.’s chief executive officer, his surrender late Wednesday night was unconditional.

(3) Anthropic’s initial public offering has drawn about six times the orders for the shares available, according to people familiar with the matter, as interest increases for potentially the biggest first-time share sale ever.

(4) A Chinese artificial intelligence model was used in recent hacks that disabled refrigerators in French supermarkets, US Treasury Secretary Scott Bessent said on Thursday.

(5) Ukrainian President Volodymyr Zelenskyy said progress had been made during a meeting with US envoys in Ireland, hailing a prisoner swap deal and a decision to include Europeans in the next round of peace talks with Russia.

(6) The European Union is set to approve over a hundred new sanctions on Russia targeting banks, energy firms and tankers illegally moving Russia’s oil, according to people familiar with the matter.

(7) The lower house of the Dutch parliament passed a left-leaning bill that would increase the tax burden on the wealthy, and risks toppling Prime Minister Rob Jetten’s coalition.

(8) Thousands of Berlin’s dentists trusted a pension fund. The story of its €1.2 billion downfall includes risky investments, a Ferrari and a luxury yacht.

Podcast Conversation: How Much Is That Leather Jacket Worth Now?