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DeepSeek is preparing an IPO and chasing a $71bn valuation, weeks after its first raise

ASML plans to build EUV machines 30% faster as AI demand outstrips its production capacity

Apple is in talks with the startup shrinking a 27B AI model onto an iPhone

UK proposes a midnight social media curfew for older teens

Dutch Monumental raises $32m led by Khosla to put more bricklaying robots on site

Alibaba stock jumps 4% after Qwen is approved to run Apple Intelligence in China

Velocity raises $38M to move business money with stablecoins

Publishers sue Google over Gemini AI training

Australia sets up a national Office of AI

Zipline is launching healthcare drone delivery with Cleveland Clinic. It hired Tesla and Waymo veterans to scale.

India pledges $20 billion to boost chips and smartphones as Modi pushes for an Indian mobile brand

Abu Dhabi already runs its government on AI

Lucid shares plunged 40% on a bankruptcy rumour from an EV blog. The denial came hours later.

Doubao’s AI companions are gone. Users get 3 months to screenshot what is left.

Anthropic’s job ads read like a threat assessment

Australia tells AI data centres to put back more power than they take out

The White House’s Gold Eagle wants to patch cyber flaws at machine speed

CoreWeave looks to Wall Street to hedge memory chips, an asset with no market

Delaware wants to give AI agents their own legal identity

OpenAI’s first Jony Ive device is a screen-free speaker built to feel alive

China’s electric taxis are blunting the Hormuz oil shock, but only at the margins

Apple wins dismissal of iCloud child abuse imagery lawsuit on Section 230 grounds

ASML’s $400M chipmaking machine just shipped its first laptop processors

Stripe and Advent offer $60.50 a share for PayPal, valuing it above $53bn

Anthropic commits $10 million to Canadian AI research across eight institutions

Grok Build was uploading entire Git repositories to xAI’s cloud, including committed secrets

Paramount says it will take the Warner Bros merger to the Supreme Court if states block the deal

Nintendo is pulling a console from Europe over battery rules. Meta’s glasses just got exempted from them.

Meta sued by 26 employees who say its AI systems targeted workers on medical leave for layoffs

IBM shares plunge after preliminary Q2 revenue falls short of estimates despite surging AI bookings

Upwind links compromise of multiple AsyncAPI npm packages to coordinated attack on software release process

Kalshi builds a forward curve for computing power as exchanges race to turn GPUs into a tradable commodity

Dimon says AI already eliminated 30 to 40 percent of jobs in some JPMorgan divisions

India’s Udaan secures $160 million in new funding as it races to fix its balance sheet before an IPO

Demis Hassabis wants a Wall Street-style referee for AI, with the power to hit pause

Britain’s flagship AI data centre can’t get the power to switch on

Medical AI was meant to help. This week it replaced nurses and dodged its own checks

Microsoft promised to be carbon negative. Its emissions just jumped 25%

Uber lost the self-driving race. Now it wants to write the rules

Meta is pushing brands onto its AI ad tools. The results are a mess

Pasqal’s SPAC filings reveal a $2bn French quantum bet, and a French kill switch

Flex raises $70m from Ryan Smith’s Halo fund to take its AI private bank global

xAI is running 59 unpermitted gas turbines, twice what it has admitted

Moneybox is Europe’s newest unicorn, and it’s testing London’s new private market to prove it

‘Listing is a must’: China’s LimX raises $200m as the humanoid IPO race heats up

ECB names 36 payment firms for the digital euro pilot

New York freezes new data centres for a year, the first US state to pull the brake

The father of reinforcement learning is leaving Carmack to build his own AI

Tower Semiconductor puts $3bn into Japan, and Tokyo is paying for a third of it

Switzerland opens a competition probe into Google’s vanishing Android choice screen