• Sources: China recently told tech companies, including ByteDance and Moonshot AI, to reject US capital without state approval, after Meta's Manus acquisition (Bloomberg)
• Alibaba says its Qwen AI models will be integrated into BYD, Volkswagen, and other cars, letting users buy food and tickets via voice commands on select models (Evelyn Cheng/CNBC)
• As part of the Cohere-Aleph Alpha deal, Aleph Alpha backer Schwarz Group plans to invest $600M in Cohere's Series E, which a source says is set to close in 2026 (Kai Nicol-Schwarz/CNBC)
• Norway plans to ban children from using social media until they turn 16; the government says it will introduce a bill in parliament by the end of 2026 (Terje Solsvik/Reuters)
• Canada's Cohere and Germany's Aleph Alpha agree to a merger deal valuing the combined group at ~$20B to work on sovereign AI; both governments support the deal (Financial Times)
• EY survey of 18,000 people across 23 countries: ~49% of consumers have used AI over the past six months to support their savings and investment decisions (Emma Dunkley/Financial Times)
• Tracxn: global edtech funding fell from $16.7B in 2021 to $2.6B in 2025, while the number of startups launched dropped from 10,491 in 2021 to just 645 in 2025 (Ananya Bhattacharya/Rest of World)
• Sources: India is piloting 10 schemes to test whether its CBDC, the e-rupee, can deliver welfare payments more efficiently, as it looks to boost e-rupee usage (Reuters)
• DeepSeek V4 Pro costs $1.74/1M input tokens and $3.48/1M output tokens, while V4 Flash costs $0.14/1M and $0.28/1M; both models are the cheapest in their class (Simon Willison/Simon Willison's Weblog)
• Staffing experts say India's IT sector is seeing a rise in replacement hiring as companies adapt to Gen Z staff leaving jobs faster than previous generations (Tanya Pandey/The Economic Times)
• Sources: Cursor hit $2.7B in annualized sales in March, up ~14x from a year ago, and reported a ~$900M loss in its last fiscal year on $770M in total revenue (The Information)
• China's top market regulator says it is launching a six-month crackdown on the country's online ad sector, targeting malpractices including the misuse of AI (Ben Jiang/South China Morning Post)
• The AI boom has pushed the market cap of Shenzhen-listed Zhongji Innolight, a leading optical communications device maker, close to $146B, a record high (Bloomberg)
• DeepSeek V4 Pro has 1.6T total parameters, its largest model by that metric, and V4 Flash has 284B parameters; both models have a context window of 1M tokens (South China Morning Post)
• Huawei says its Ascend supernode based on the Ascend 950 AI chips will fully support DeepSeek V4, as DeepSeek launches a preview of its V4 model (Reuters)
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• Apple TV's upcoming For All Mankind spinoff Star City oozes Cold War-era paranoia
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• Cash App now supports accounts for kids 6-12
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