| Bloomberg: |
Sources: DeepSeek is close to raising $12B+ in a round that could hit ~$14.9B, with Tencent and CATL among the biggest contributors, ahead of an early-2027 IPO — DeepSeek is close to securing at least 80 billion yuan ($12 billion) in its latest round of funding, blowing past … | Bloomberg: |
Sources: Moonshot AI has closed its final private funding round at a ~$50B valuation and is targeting a Hong Kong IPO in Q1 2027 to raise up to $5B — Moonshot AI has closed the final round of private fundraising at a valuation of about $50 billion and is heading toward an initial public offering … | Semafor: |
NYC-based Reflection unveils Beam, an open model it says rivals GLM-5.2 on reasoning while using 3x-4x less compute and approaches Qwen3.8-Max on agentic tasks — Reflection AI, the startup billing itself as America's answer to open-source Chinese AI, is releasing its first model, called Beam.| SemiAnalysis: |
Analysis: for agentic workloads, Anthropic's plans with Claude Opus 5.5 offer ~5x more API-equivalent value per month than OpenAI's plans with GPT-6.1 Sol — Limit testing every AI subscription plan from Anthropic, OpenAI, Meta, SpaceXAI, MiniMax, Moonshot, Z.ai, Cursor, and Cognition| Bloomberg: |
Sources: Kuaishou's Kling has picked banks to lead a Hong Kong IPO aiming to raise $1B+ as soon as 2027; Kling hit a ~$15B valuation after raising $2.8B in July — By continuing, I agree to the Privacy Policy and Terms of Service. … Explainers| Reuters: |
Ofcom opens an OSA investigation into Meta over Instagram Instants in the UK; Meta says it “briefed Ofcom about this feature” several times before its May debut — Britain's communications regulator said on Tuesday it has opened an investigation into whether Meta Platforms … | Financial Times: |
UK retailer Asos falls 10%+ after customers received app notifications saying “we have fully compromised the Snowflake instance”; source: Asos is investigating — Shares in FTSE 250 retailer fall more than 10% following reports from mobile users| Aisha Malik / TechCrunch: |
TikTok debuts Shopping Assistant, a conversational AI agent that helps users find and buy products, and Buy Direct for one-click purchases from the For You feed — TikTok announced Monday that it's launching an AI shopping assistant and a new in-app checkout feature that lets users buy directly from brands.| Reuters: |
Sources: the FBI removes an Accenture contractor over a breach exposing thousands of employees' data; the FBI says a contractor failed to apply a security patch — The Federal Bureau of Investigation removed an Accenture contractor on Monday over their role in a damaging data breach … | New York Times: |
South Korean officials are probing whether AI agents were used in recent bank hacks, after President Lee Jae Myung said “signs” suggest AI models were involved — The president said there were signs that such models were used in recent attacks on several banks involving customer data.| Andrew Deck / Nieman Lab: |
ChatGPT is not only using New Yorker cartoonists' style but also adding their signatures to the fake cartoons it creates, which have gone viral on social media — OpenAI's chatbot isn't just imitating the magazine's style. It's also falsely attributing AI-generated images to real artists.| The Information: |
Sources: Meta and Microsoft are working to cut internal Claude use; Meta employees using Claude Code dropped to ~30,000 from ~60,000 earlier in 2026 — Meta Platforms and Microsoft, two of Anthropic's biggest corporate customers, are working to cut their employees' use of Claude … | ABC: |
At an Australian hearing, OpenAI Chief Strategy Officer Jason Kwon pledged faster safety incident disclosures; Anthropic representatives made similar pledges — By national AI reporter Cam Wilson and the Specialist Reporting Team's Miwa Blumer — abc.net.au/news/openai-hearing- apology-key-takeaways/107235640| OpenAI: |
OpenAI says it will add text watermarking for ChatGPT and Codex users in the EU to comply with the EU AI Act, and an opt-in setting for API customers globally — - Starting today, API customers globally will be able to opt in to text watermarking for select models.| Zeyi Yang / New York Times: |
Study: China is struggling to attract foreign AI talent; for every 30 Chinese AI researchers in the US in 2025, only one in China made the opposite journey — China's booming artificial intelligence sector has given local researchers good reason to remain in the country … | Bloomberg: |
Sources: Seagate and Toshiba are bidding for TDK's HDD magnetic head business in a multibillion-dollar deal, as they compete for AI data center storage demand — Seagate Technology Holdings Plc and Toshiba Corp. are locked in a contest for TDK Corp.'s magnetic-heads business for hard-disk drives … | Lee Harris / Financial Times: |
Analysis: insurers brace for multimillion-dollar claims caused by rogue AI agents, amid concern that Sam Altman, Dario Amodei, and others could be held liable — Insurers and lawyers weigh the cost of potential massive lawsuits and damages against the leaders of OpenAI and Anthropic| Natalie Lung / Bloomberg: |
Uber agrees to acquire Boston-based catering platform ezCater in an all-cash deal valued at $2.3B to expand Uber Eats into corporate food delivery — Uber Technologies Inc. is buying catering firm ezCater Inc. for $2.3 billion in a cash deal that will help the Uber Eats delivery platform reach a more corporate clientele.| Tamara Djurickovic / Tech.eu: |
Hadrian, an agentic AI offensive security service, raised $40M co-led by Forgepoint Capital International and SmartFin, taking its total funding to $65M — Hadrian will use the funding to expand across EMEA and the US while growing its engineering and research teams and further developing … | Mike Wheatley / SiliconANGLE: |
SignSplit, which offers infrastructure to let people digitally sign datasets, likenesses, and creative works, raised $400M from W Group at a $1B valuation — Few technology companies can help users to protect and monetize their personal data for artificial intelligence as well as SignSplit PBC, it seems.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Ask an Expert: How to effectively recover stuck TDS refunds with reduced TDS reconciliation time — The 26AS/Form 168 gets updated quarterly and often gets checked only during the time of ITR filing.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
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