Spain's Multiverse Computing raises $570m at $1.7bn valuation

• India's startup ecosystem is shifting its focus from high-profile funding rounds and unicorn valuations toward sustainable growth and structural maturity. • Key drivers of this evolution include the integration of AI, climate-tech investments, export reforms, and improved startup governance.

• Italy-based cybersecurity startup Beelzebub has raised €3 million in a seed funding round led exclusively by United Ventures. • The company is developing an AI-native platform specifically designed to protect organizations from the growing threat of AI-driven cyberattacks.

• The US government has accused Chinese AI firms of intellectual property theft following the release of Moonshot AI’s Kimi K3 model. • In response to security concerns and a breach involving a US model, the US administration is introducing the "Kill Switch Act" to shut down models deemed rogue or threatening.

• South Korea announced $950 billion in new AI initiatives involving major domestic conglomerates Samsung Electronics and SK Group, alongside various U.S. tech firms. • The massive investment aims to address the critical global shortage of high-speed chips required to power and develop more advanced AI systems.

• South Korean companies have unveiled plans for $950 billion in investments focused on semiconductor supplies, AI data centers, and physical AI projects following a recent AI Summit. • Key partnerships include Hyundai Motor Group collaborating with Nvidia to create a standardized robot reference platform and working with Waymo to manufacture autonomous vehicles.

• Samsung Electronics and SK hynix have secured $950 billion in AI chip and infrastructure deals with industry giants Broadcom, Nvidia, and Microsoft. • The companies have converted standard memory contracts into strategic five-year long-term agreements to solidify their grip on Big Tech supply chains.

• The KOSPI index is serving as a potential warning signal for the Nasdaq as the long-standing AI-driven market boom faces increasing volatility. • While giants like Nvidia, Microsoft, and Amazon have accelerated infrastructure spending, investors are now scrutinizing whether the hardware manufacturing sector can sustain this growth.

• Nobuo Miwa, president of the Tokyo-based security firm S&J, warns that artificial intelligence is making cyberattacks significantly faster and more sophisticated. • Miwa highlighted that AI now enables the creation of malicious attack programs "in the blink of an eye," drastically reducing the time required for hackers to develop threats.

• South Korea's tech giants Samsung and SK Group have signed AI-focused agreements with U.S. firms totaling $950 billion. • Key partnerships include a deal between SK Hynix and Nvidia valued at over $500 billion, and a separate agreement between Samsung and Broadcom worth up to $200 billion.

• India is accelerating its electronics and space ambitions by expanding manufacturing incentives and entering the private orbital launch sector to reshape its tech ecosystem. • South Korea's Seoul Semiconductor is currently in early talks with several state governments to establish an LED manufacturing plant, leveraging the ISM 2.0 incentive scheme.

• DeepSeek has abruptly halted its second round of fundraising following the leak of private remarks made by founder Liang Wenfeng during an investor meeting. • During the meeting, Liang emphasized that the company's primary objective is the pursuit of Artificial General Intelligence (AGI) rather than prioritizing market share.