Yasutaka Tamura / Bloomberg: Shares of taxi app Go rose 21% in its Tokyo debut, after raising $553 million in…
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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)