• Apple supplier Luxshare raised ~$3.1B in its Hong Kong IPO, selling 383.5M shares at ~$8 each, the top of its marketed range, and will start trading on Thursday (Bloomberg)
• Solos unveils the AirGo A6 camera-less smart glasses, cutting the weight to 19g from the AirGo A5's 36g to 40g, and V2 privacy accessories like a clip-on shield (Andrew Liszewski/The Verge)
• Study: 50 test accounts created in Australia across nine platforms were never asked to verify their age, despite the Australian law mandating a ban on under-16s (Byron Kaye/Reuters)
• UN Secretary-General António Guterres calls for autonomous "killer robots" to be "banned by international law", a central issue in the US DOD-Anthropic clash (Sam Schechner/Wall Street Journal)
• Norm, which runs an AI law firm that provides AI-powered legal services to clients alongside human lawyers, raised $120M led by Khosla at a $1.2B valuation (Guinevere Grant/Bloomberg)
• Coinbase secures UK FCA authorization to offer investment services, enabling it to expand into derivatives and equities trading, its largest UK expansion yet (Brian Danga/The Block)
• Sources: Amazon is looking to raise at least $25B from a US dollar bond sale to fund its AI infrastructure investments; the size could increase based on demand (Bloomberg)
• Paris-based UMA, founded by ex-Tesla Optimus scientist Rémi Cadene and ex-Google DeepMind researcher Pierre Sermanet, demos its Northstar AI humanoid robot (Benoit Berthelot/Bloomberg)
• Sources: Beijing recently held meetings with Alibaba, ByteDance, Z.ai, and others to discuss restricting overseas access to advanced open and closed AI models (Fanny Potkin/Reuters)
• Survey: Chinese companies plan to allocate 46% of their AI accelerator budget to domestic products in the next 12 months, up from 30% today, a shift from Nvidia (Gao Yuan/Bloomberg)
• Sources: DeepSeek is at an early stage of developing its own AI chip designed for inference, in a push that could reduce its reliance on Nvidia and Huawei chips (Reuters)
• US autonomous military vehicle startup Forterra says it has deployed 100+ Lancer UGVs, based on Polaris ATVs, in Ukraine since 2025, completing 1,100+ missions (Tim Fernholz/TechCrunch)
• European banking watchdogs ECB and ESRB warn that frontier AI models pose "systemic risks to the financial system", and give lenders four months to prepare (Financial Times)
• UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and Asia-Pacific (Mauro Orru/Wall Street Journal)
• Munich-based nuclear fusion startup Proxima Fusion raised €411M led by trading firm XTX and UK-based East X at a €2.4B valuation, with participation from Google (Bloomberg)
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