Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. An apparent honeytrap scandal involving the boss of the world’s most valuable company and a suspected Chinese spy is rocking the AI sector. Overnight, Nvidia announced it is launching an independent investigation following reports that founder and CEO Jensen Huang has been the target of “a foreign intelligence effort” That effort, reports claim, led to Huang conducting a romantic relationship with a Chinese woman, Alice Huang, who was recruited to spy for China’s Ministry of State Security intelligence agency. Last night, Huang admitted having an affair, telling Nvidia staff: “I owe my family and all of you an apology. “I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry.” Huang added that he was “fully committed to Nvidia” and would work to earn back employees’ confidence. But the issue goes much further than si