Uber expands India data-centre strategy amid AI-related cost and risk pressures

• Tencent is reported to be joining a $4 billion funding round for Chinese AI startup DeepSeek, which would value the company at about $50 billion and mark its first external financing. • The report says the round would add fresh capital to one of China’s most watched AI model developers, with Tencent and other large investors among the backers.

• South Korea is preparing new measures to counter AI-powered cyberattacks after concerns raised by Anthropic’s Claude Mythos Preview, according to a May 13 cybersecurity roundup. • The reported policy response reflects rising fears that advanced AI tools could lower the barrier for phishing, malware development, and automated intrusion attempts.

• The Producer Price Index (PPI) for final demand increased 1.4 percent in April 2026, according to the Bureau of Labor Statistics, with prices rising 6.0 percent over the 12-month period. • Final demand services advanced 1.2 percent while final demand goods increased 2.0 percent, showing divergence in price pressures across economic sectors.

• CME Group and Silicon Data announced a new derivatives market allowing investors to bet on cloud computing power prices for AI workloads, launching a tradeable contract based on GPU rental benchmarks. • The compute futures market enables investors to lock in pricing for graphics processing unit capacity, hedging against volatility in AI infrastructure costs as demand surges.

• WISeKey expanded its HUMAN-AI-T initiative into a global movement following its Davos 2026 launch, advocating for ethical AI development and human-centered governance frameworks. • The initiative calls for responsible AI practices with human oversight at the core, addressing growing concerns about autonomous AI systems without adequate ethical safeguards.

• Agentic security operations startup Exaforce announced a $125 million Series B funding round at a reported $725 million valuation, marking one of the largest rounds in the emerging AI security operations center market. • The round was backed by HarbourVest Partners, Peak XV Partners, Mayfield Fund, Khosla Ventures, Seligman Ventures, and AICONIC; Exaforce has now raised $200 million total following a $75 million Series A just over a year ago.

• Google disclosed the first observed AI-assisted zero-day exploit, marking a significant escalation in concerns about artificial intelligence being weaponized for cybersecurity attacks. • The discovery raises concerns about AI-generated cyber models and the potential for malicious actors to leverage machine learning to develop previously unknown exploits faster than traditional methods.

• Abstract has been selected for Notable Capital's Rising in Cyber 2026 report, recognizing it among top emerging cybersecurity firms. • The report is based on CISO survey data and market analysis, highlighting industry shifts from AI agents transforming security operations.

• Tech: NYC reports 21 startups crossed the Series A threshold in April 2026, tracked in their monthly 'Series A: A Series' update. • Funding checks are notably increasing in size, reflecting stronger investor confidence in early-stage tech ventures amid economic recovery.

• China officially launched a global artificial intelligence education service platform on May 12, 2026, to broaden international access to digital learning resources. • The platform integrates AI-driven tools for personalized learning, multilingual content delivery, and interactive modules supporting over 100 languages.

• Google Threat Intelligence Group announced its first detection of a zero-day exploit generated using artificial intelligence, marking a significant cybersecurity milestone. • The proactive measures by Google's team successfully prevented a mass exploitation attempt, though specific details on the vulnerability or attacker were not disclosed.