French quantum startup Quobly raised €115M ($133M) led by Bpifrance, STMicroelectronics and SEALSQ to industrialise its silicon-based quantum computers.

AI music startup Suno raised capital at a $5.4bn valuation, more than double its $2.45bn worth six months ago, after settling with Warner and Universal.

A Workday study finds 85% of employees save 1-7 hours a week with AI, but nearly 40% of the time saved is lost to rework, suggesting the gains go unbanked.

SpaceX plans to price its IPO at $135 a share for a record $75bn raise and a $1.75tn valuation, fixing the price before its roadshow begins.

Factorial raised a $150M Series D led by General Catalyst at a $2.5bn valuation, plus a $540M customer-value commitment, naming Germany its top growth market.

Lovable expanded its Google Cloud partnership to use Gemini models and enterprise security, adding a verified agent, Wiz code-scanning and Marketplace billing.

Applied Aerospace & Defense raised $650M in its NYSE IPO, pricing at $20 a share for a $3.4bn valuation after a ten-times-oversubscribed book.

China’s DeepSeek is set to raise about $7bn in its first funding round, with Tencent and CATL among backers, at a valuation of up to $59bn.

The EU General Court annulled Meta Marketplace’s DMA gatekeeper designation over flawed reasoning but upheld Messenger’s, in a split ruling for Meta.

Australia’s Megaport secured four AI infrastructure contracts worth A$458.9M and is raising A$827.3M to build a globally distributed AI inference cloud.

GitLab will cut about 350 jobs and exit 22 countries, disclosed alongside a Q1 in which revenue rose 23% to $264.2m.

ChatGPT crossed 1 billion monthly active app users in about three years, the fastest app ever to the milestone, per Sensor Tower estimates.