Axios

Jensen Huang resigned as CEO of Nvidia after he reportedly had two affairs, including one with a purported Chinese spy.

Why it matters: It's impossible to overstate how critical Huang is to Nvidia, to the AI buildout, to the stock market and economy.

Nvidia has begun searching for a permanent replacement for longtime CEO Jensen Huang, who resigned Thursday amid scrutiny over reports of multiple extramarital affairs.

Why it matters: Nvidia's next leader will inherit one of the world's most valuable companies — and the daunting task of succeeding the pioneer who transformed it into an AI powerhouse.

A gunman killed one person inside a Logan Circle gym and shot four others from his apartment balcony Thursday morning, before setting a fire and fatally shooting himself, police say.

The big picture: The shooting triggered a massive law enforcement response in one of D.C.'s busiest neighborhoods, prompting residents to shelter in place and nearly a dozen nearby schools to go into lockdown.