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Good morning! Today is about the money pouring into AI and the questions that come with it. Let's get into it.
DeepSeek Is Raising at Least $12 Billion, and Investors Wanted Even More
Bloomberg reports demand was far bigger than the 50 billion yuan the Chinese lab first sought, with Tencent and CATL among the backers. See who is in and what comes next →
A U of T Capstone Project Is Now an AI Game Studio With Autonomous Agents
Chatforce lets AI agents play director, coder and artist, and one of its games reached hundreds of thousands of players. See how it started →
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Top engineers at Anthropic and OpenAI say AI now writes 100% of their code.
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An Arizona Court Tossed a Sentence Over an AI Video of the Victim
The appeals court said the video blurred what the family imagined with what the victim would have said. See why the judge's reaction mattered →
Sam Altman Says the World Should Accept Some Bad Things From AI
In a Politico interview, the OpenAI CEO rejected a zero-risk trade, but drew a line at catastrophic risk. See exactly what he said and where he stops →
Moonshot AI Is Reportedly Eyeing a Hong Kong IPO After Hitting a $50 Billion Value
The Kimi maker has not confirmed the plans, and reports on its fundraising and revenue do not all agree. See what is confirmed and what is not →
📚 From the AI Knowledge Hub
ChatGPT Ads — How they work, what they cost and who sees them
AI in the Workplace Statistics — Usage, shadow AI and trust gaps across U.S. employees
AI Engineer vs ML Engineer — Pay, skills and demand compared
📢 The Signal Behind the Noise
Two Chinese labs are reportedly lining up billions in private money and public listings, while a court and an OpenAI CEO are arguing about who should carry AI's risks. The money is moving faster than the answers, and much of what we know about the raises comes from unnamed sources, not filings. For any business, the useful habit is to separate what a company has confirmed from what has only been reported, and to ask the same of any AI vendor.
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