Indian B2B ecommerce firm Udaan has raised $160M combining fresh equity, new debt, and bond conversions as it prepares for a public listing within two years.

Jamie Dimon told analysts that AI has already eliminated 30 to 40 percent of jobs in some JPMorgan units, but competitive pressure will erase margin gains.

New York has imposed a one-year moratorium on data centres drawing 50MW or more, the first US statewide freeze on the AI build-out.

Huawei Digital Power booked 68.7bn yuan in 2025, up 24%, putting it within touching distance of Tesla’s $12.8bn energy division.

Montefiore nurses replaced by software, and a Mayo Clinic whistleblower alleging a tool with a 67% error rate.

Demis Hassabis wants a US-led AI Standards Body, modelled on Wall Street’s FINRA, to vet frontier models before release, and to slow the industry if needed.

Nscale’s £2bn Essex data centre can’t get grid power in time to open, forcing it to seek its own electricity as UK connection queues stretch for years.

Flex has raised a $70m Series B1 led by Ryan Smith’s Halo fund, and is launching Flex Global: stablecoin rails and multi-currency accounts in 100+ countries.

Regulator emails show xAI installed 59 unpermitted gas turbines for Colossus 2. Within five miles of the site, about 94% of Tennessee residents are Black.

Pasqal is listing on Nasdaq via a SPAC at a $2bn valuation, about 100x revenue. Its filings warn quantum may never pay off, and France can vet buyers.

Finland, Estonia, and Helsinki lab NestAI have signed a defence AI pact. No money changes hands. The point is sovereign control of the code.

Tower Semiconductor will spend about $3bn expanding 300mm silicon photonics capacity in Japan, net of $1bn in grants from the Japanese government.