Abruptly Halts

• 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. • This decision is significant as it signals a strategic shift toward long-term research goals over immediate commercial expansion and capital accumulation.

Move will allow Trump’s controversial pick, Bill Pulte, to assume role and remain in place for at least several weeksSign up for the Breaking News US newsletter emailDonald Trump abruptly halted the confirmation process for Jay Clayton as the US’s top intelligence chief early Wednesday, in a move that will allow Trump’s controversial selection for acting director of national security, Bill Pulte, to assume the role and remain in place for at least several weeks until Clayton is confirmed.Trump pushed the Senate to confirm Clayton after his appointment of Pulte as acting director sparked bipartisan pushback and stalled his administration’s push for renewal of the controversial Foreign Intelligence Surveillance Act (Fisa). Continue reading...