The information:
Sources: DeepSeek closed a $7.4 billion funding round at a $50 billion valuation under an unusual structure requiring investors to put capital into an LP led by CEO Liang Wenfeng.— Chinese AI lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.4 billion) in an unusual deal structure…
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- Sources: DeepSeek closed a $7.4 billion funding round at a $50 billion valuation under an unusual structure requiring investors to put capital into an LP led by CEO Liang Wenfeng (The News)
- Shares of taxi app Go rose 21% in its Tokyo debut, after raising $553 million in Japan’s biggest IPO this year, giving the company a market value of around $1.16 billion (Yasutaka Tamura/Bloomberg)
- Support for Trump has collapsed in rural America
- A profile of Cursor, including its hiring process and its rocky relationship with Anthropic, which told Cursor that Claude Code was primarily a research effort (Business Insider)
- Centene will offer buyouts to certain employees
- OpenRouter launches Fusion, a tool for driving multiple AI models in parallel, claiming it can achieve "Fable-level intelligence at half the price" (Brian Thomas/OpenRouter Blog)
- Trump refuses to release text of Iran deal and brief Congress because it doesn’t exist
- Anthropic’s belief in its own commitment to security gives it the right to aggressively promote its activities and even challenge the U.S. government (Ben Thompson/Stratechery)

