DeepSeek doubled its latest round's size due
Sources: DeepSeek doubled its latest round's size due to surging black market Nvidia Blackwell chip prices, with Chinese state-owned investors representing 27%
TL;DRDeepSeek raised more money than planned because Nvidia chips cost too much on the black market.
Why it matters: Shows AI compute scarcity and export restrictions are reshaping funding dynamics and competitive advantages globally.
S-1: Anthropic says it heavily depends on TSMC chips made in Taiwan
TL;DRAnthropic relies on Taiwan-made chips and warns of geopolitical supply risks.

How a wave of startups are betting on AI
TL;DRNew startup &Truth uses AI to automate formal software verification, raising $70M.
Latest
CrowdStrike: China-linked hackers used AI tool ARTEX with a DeepSeek
China-linked hackers used AI tools to attack 200+ organizations in 11 days.
[AINews] Building AIE CODE: The top Coding Agent Conference
Mistral released open-weight AI; conference covers coding agents and AI safety monitoring.
Binance hacked for an estimated $6.3 billion in record crypto theft
Binance lost $6.3 billion in a major hack.
General Motors agrees to pay $220 million to settle multi-state data
GM paying $220M to settle lawsuit over its Smart Driver data collection program.
Google's search revenue Ferrari hits an AI-powered speed bump
Google's search ad revenue faces pressure from AI competition and changing user behavior.
Tech Selloff Deepens as Intel and Amazon Shares Fall
Tech stocks falling sharply on weak earnings and high AI spending concerns.
Waymo taps Toyota to supply robotaxis for Japan and the U.K.
Waymo partners with Toyota to test self-driving taxis in Japan and U.K.
Proton CEO Is In 'Full AI Psychosis'
Proton's CEO is pushing AI hard while workers fear speaking up about security risks.
Tokyo Electron’s Outlook Beats on Surging AI Chip Spending
Chip equipment maker Tokyo Electron raised forecasts due to booming AI chip production demand.