Venture Dispatch

Deep Tech

  1. Adani and Jabil plan to build AI data-centre hardware in India
  2. Monday.com launches Monday Ventures, a $200m fund for workplace-AI startups
  3. Zhipu shares jump as Wall Street bets China AI fills the Anthropic gap
  4. Sarvam becomes India’s newest AI unicorn with a $234m round led by HCLTech
  5. Meta face recognition for its glasses came from a Pentagon contractor, WIRED reports
  6. NewCore raises $66m to give AI agents a corporate identity
  7. Kazakhstan signs a $10bn AI deal with Nvidia-backed Firebird to build ‘Data Center Valley’
  8. Nvidia’s first bond sale since 2021 seeks at least $20bn
  9. Tencent-backed Enflame wins approval for an $888m IPO, the last of China’s ‘four AI chip dragons’
  10. US order to block foreign access to Anthropic’s top models marks a reversal
  11. Canada’s Carney compares Anthropic shutdown to 2008 financial crisis, warns of AI “model risk”
  12. Built to assist, not replace: inside Intercall’s real-time AI for professional interpreters
  13. Spotify removed 57,000 fake podcast episodes promoting illegal drugs, but only after a senator forced its hand
  14. NHS England rolls out Microsoft 365 Copilot to 505,000 staff after trial reports 43 minutes saved per day
  15. Amazon’s CEO reportedly triggered the government crackdown that shut down Anthropic’s most powerful AI
  16. KPMG pulled its AI report after UBS, the NHS, and others said its claims about them were made up
  17. A Tesla on Autopilot swerved into someone’s garage door in Washington. Police are investigating.