2026-06-16
DeepSeek closes $7bn-plus round with an unusual structure
DeepSeek, the Chinese AI lab that unsettled the industry with a cheap, capable model last year, has closed its first round of outside funding, raising roughly 50 billion yuan, about $7bn, in a deal whose structure is as notable as its size. The valuation lands between $52bn and $59bn, according to Reuters. The unusual part […]<br /> This story continues at The Next Web [...]
2026-06-16
Florida sues TikTok over its child social-media law
Florida has sued TikTok, accusing the app of breaking the state’s law restricting minors’ access to social media and of misleading parents about what their children would find there. Attorney General James Uthmeier announced the suit on 15 June, filing it in St. Lucie County Circuit Court. The complaint alleges TikTok illegally let minors onto the platform, […]<br /> This story conti [...]
2026-06-16
Alibaba unveils AI models for robots as China’s focus shifts to agents
Alibaba has revealed its first suite of AI models for robots, a move that says as much about where Chinese technology is heading as about the models themselves. The launch came as the industry pivots away from chatbots and towards agents, the systems meant to carry out complex tasks rather than just answer questions. At […]<br /> This story continues at The Next Web [...]
2026-06-16
Anthropic curbs make the case for sovereign AI, Upstage chief says
When the US government ordered Anthropic to cut foreign access to its most capable models, and the company switched them off worldwide rather than try to comply selectively, it handed every advocate of home-grown AI a tidy piece of evidence. Sung Kim, chief executive of the South Korean startup Upstage, picked it up at a […]<br /> This story continues at The Next Web [...]
2026-06-16
Exclusive: Optiak raises €4m to build an orchestration layer for enterprise AI
Optiak, a startup building what it calls a modular operating system for enterprise AI, has come out of stealth with a €4m pre-seed round, about $4.7m, led by Market One Capital, Next Tier Ventures, EA Ventures Plug and Play EMEA Fund and Mission. The company, the founders say, is trying to solve a problem most […]<br /> This story continues at The Next Web [...]
2026-06-16
Ukraine gains access to EU emergency cyber response for major attacks
Ukraine can now draw on emergency European Union cyber support to respond to large-scale incidents, after the Council of the EU approved its inclusion in the EU Cybersecurity Reserve on 15 June. The decision extends a defensive mechanism built for member states to a country whose networks have been under sustained attack since Russia’s full-scale […]<br /> This story continues at The Nex [...]
2026-06-16
AlphaGo’s David Silver puts his superintelligence bet on Google Cloud
Ineffable Intelligence, the London startup founded by the DeepMind researcher behind AlphaGo, has named Google Cloud as the infrastructure partner for its frontier AI lab. The deal, announced at Google Cloud’s London summit on 16 June, gives a company with grand ambitions and no product the computing scale its founder says the work demands. The founder […]<br /> This story continues at [...]
2026-06-16
TCS takes a $70m hit after US Supreme Court rejects its appeal
Tata Consultancy Services will book a one-time charge of $70m after the US Supreme Court declined to hear its appeal in a trade-secrets dispute, the Indian IT giant said. The court’s refusal, issued on 15 June, closes the last legal avenue in a case that has run since 2019 and leaves the lower-court judgment standing. […]<br /> This story continues at The Next Web [...]