A DeepSeek IPO could come as soon as this year. First the Chinese AI lab wants a fresh round at a $71bn valuation, up from $50bn six weeks ago.

ASML is reducing EUV cycle time from 22 weeks to 15-16 weeks. It is nearly fully booked for 2027 with substantial 2028 orders already in hand. Guidance raised.

London fintech Velocity has raised a $38M Series A, led by Dragonfly and FirstMark, to bring stablecoin treasury and settlement tools to enterprises.

Stripe and Advent International have bid $60.50 a share for PayPal, backed by $50bn of committed bank financing. PayPal has not replied.

The Cyberspace Administration approved Apple AI services alongside Huawei. A Khosla-backed startup compressed Qwen from 54GB to under 4GB to run on-device.

Monumental has raised a $32m Series B led by Khosla Ventures to expand its fleet of 150+ bricklaying robots in the UK and launch its first US pilots.

Publishers and author Scott Turow filed a Google Gemini lawsuit, claiming the company trained its AI on millions of copyrighted books without permission.

Apple is in early talks with PrismML, whose on-device AI compression shrinks a 27B model to under 4GB to run on an iPhone. Apple has not commented.

Zipline hit 2.5 million deliveries and will launch healthcare delivery with Cleveland Clinic. It hired ex-Tesla, Waymo, and Uber executives to scale further.

Modi's cabinet approved $13.3B for semiconductors and $6.5B for smartphones. The minister said Modi wants India to "create an Indian mobile brand." ...

Australia’s Office of AI, announced by PM Anthony Albanese, will coordinate AI policy, protect creatives’ copyright, and set new binding rules for data centres.

Gold Eagle is the White House’s new AI-backed clearinghouse to pool, rank, and coordinate fixes for cyber flaws across US critical infrastructure.