DeepSeek is reportedly nearing a $12B+ raise, potentially setting up a 2027 IPO.
Bloomberg : Sources: DeepSeek is close to raising $12B+ in a round that could reach ~$14.9B, with Tencent and CATL as 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 …
South Korea plans a ~$3.5B frontier-model program and participant competition for 2027.
Jie Ye-eun / The Korea Herald : South Korea plans to launch a ~$3.5B program to develop a frontier AI model starting as early as March 2027 and will open a competition to select participants — Since 2018, I have covered South Korea's economic and financial landscape, with experience spanning the economy, banking, financial markets and securities industry.
South Korea is probing whether AI agents were used in recent bank hacks.
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.
OpenAI and Anthropic pledged faster AI-safety incident disclosures at an Australian hearing.
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 details its approach to complying with EU rules on provenance for generated text.
SemiAnalysis compares subscription limits, finding Claude offers roughly 5x API-equivalent agentic value.
SemiAnalysis : Analysis: Anthropic's subscriptions offer ~5x more API-equivalent value per month than OpenAI's for agentic workloads with Claude Opus 5.5 vs. GPT-6.1 Sol — Limit testing every AI subscription plan from Anthropic, OpenAI, Meta, SpaceXAI, MiniMax, Moonshot, Z.ai, Cursor, and Cognition
Moonshot AI reportedly reached a $50B valuation and is targeting a Hong Kong IPO.
Bloomberg : Sources: Moonshot AI closes 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 …
Inference-chip startup Etched is reportedly discussing funding at a $40B–$50B valuation.
Marina Temkin / TechCrunch : Sources: AI inference-chip startup Etched is in early talks to raise funding at a $40B to $50B valuation, up from $21B after raising $700M in August — Although it's only been a couple of months since Etched raised $700 million at a $21 billion valuation, the AI chip startup is already …
Financial Times examines insurance and liability exposure from rogue AI-agent failures.
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
Sen. Adam Schiff discusses training-data retention, recursive AI risks, and an FDA-like AI regulator.
Nilay Patel / The Verge : Q&A with Senator Adam Schiff on recursive AI becoming a real national security threat, making AI companies retain training data, needing an FDA for AI, and more — Today, I'm talking with Senator Adam Schiff, a Democrat from California. Sen. Schiff sits on a number of committees …
A two-year school experiment evaluates AI tutoring with Khanmigo.
ChatGPT-generated faux New Yorker cartoons reportedly imitate artists’ styles and add their signatures.
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.
WSJ reports that volatile AI spending is becoming difficult for businesses to budget.
AMD says it will substantially raise 2027 supply and needs more advanced wafer capacity.
Wen-Yee Lee / Reuters : AMD CEO Lisa Su says the company plans to “substantially increase” supply in 2027 and needs “more advanced wafer capacity”, as she meets Foxconn and TSMC — AMD (AMD.O) plans to substantially increase chip supply in 2027 as the US chipmaker races to meet booming demand …
Data-center operator DayOne filed for a US IPO after H1 revenue more than tripled to $512M.
Pragyan Kalita / Reuters : Singapore-based data center operator DayOne files for a US IPO, reporting its H1 revenue more than tripled YoY to $512M while its net loss widened to $77.2M — Data center operator DayOne Data Centers filed for an initial public offering in the United States on Monday …
Seagate and Toshiba are reportedly bidding for TDK’s HDD-head unit amid AI storage demand.
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 …
The Nobel Prize in Physics goes to Francis Halzen.
The Nobel Prize in Physiology or Medicine 2026 is announced by the Nobel Committee.
Terence Tao considers the future direction of mathematics.
IEEE Spectrum reports that the first fully implanted cochlear implant has reached patients.
Norway is considering a partial ban on smart glasses.
The Financial Times explains how a single person can now form an SEC quorum.
Princeton researchers identify an algorithmic failure affecting the secret ballot.
Greenvolt has begun construction on a 600 MW/2.4 GWh battery-storage project in Poland.
DEDA provides tooling to extract, decode, and anonymize printer tracking dots.
Photopea’s creator responds to the Photosuite project.
A developer explains why they abandoned Deno and returned to Node.
An essay argues that the conventional open-source model is dying.
A compact 500-line implementation explains the fundamentals of Linux containers.
A hands-on first installment shows how to build a GTK application in Haskell.
Reuters : The UK's Ofcom opens an OSA probe into Meta over Instagram Instants, launched in May; Meta says it “briefed Ofcom about this feature on a number of occasions” — Britain's communications regulator said on Tuesday it has opened an investigation into whether Meta Platforms (META.O) …
Lora Kolodny / CNBC : SpaceX stock closes up 7.6% after Morgan Stanley called SPCX “cheap”, reaching its highest level since mid-June and returning Elon Musk to trillionaire status — SpaceX shares rose almost 8% on Monday, reaching their highest since mid-June, shortly after Elon Musk's company held its record initial public offering.