DeepSeek nears $12B round with Tencent, CATL before IPO
Chinese AI startup DeepSeek is closing a $12-15B funding round backed by Tencent and CATL, targeting a 2027 IPO at a $75B valuation.
Chinese AI startup DeepSeek is closing a $12-15B funding round backed by Tencent and CATL, targeting a 2027 IPO at a $75B valuation.
Bloomberg reports OpenAI is raising $30B at a $1.4T valuation with UAE funds and BlackRock.
textGrain embeds a statistical signal into word choices, starting with EU ChatGPT and Codex output.
Google freezes its open-source vulnerability rewards program after AI-generated fake reports overwhelm reviewers.
President Trump taps DNI Jay Clayton to lead a new federal AI task force with 120 days to assess risks and oversight.
Federal authorities arrested Earthmade Computer CEO Greg Lui for allegedly smuggling $300M in Nvidia AI chips to China via Malaysia and Singapore over three years.
Amazon offloads $8B of Nvidia Grace Blackwell chips to an SPV and leases them back — AI capex has outgrown even hyperscaler balance sheets.
Broadcom banks assemble $60B debt package — $42B senior tranche for Anthropic, $18B Blackstone-led junior tranche — expanding the $42B loan revealed yesterday.