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• India achieved a milestone in its space race on Saturday morning with the successful launch of Vikram-1, the country's first privately developed launch vehicle. • The mission successfully placed several technology demonstration satellites into Low Earth orbit (LEO), showcasing private sector capabilities in aerospace. • Other key events include the "Sansad Chalo March" by the CJP and the start of a potentially contentious Parliament session.

Pollution levels in the city were elevated as smoke from Canadian wildfires drifted south across a huge swathe of the USThe sun shone feebly through the thick haze. The smell of burning wood hung thick in the air. Many New Yorkers donned masks as the air quality plummeted amid health warnings.The National Weather Service issued an air-quality alert because pollution levels were elevated as smoke from raging Canadian wildfires drifted south across a huge swathe of the US, reaching all the way to New York City and even beyond out into the Atlantic. Continue reading...

• Hangzhou-based AI lab DeepSeek is in discussions to raise approximately $1.5 billion in new funding. • The funding round is based on a pre-money valuation of 480 billion yuan, which is roughly $71 billion. • This capital injection aims to support the company's growth as it targets an initial public offering (IPO) by 2027.

• AI startup DeepSeek is preparing for an initial public offering (IPO) as early as 2026, targeting a valuation of US$71 billion. • The company is currently seeking new funding to expand its computing capacity following a previous US$7 billion financing round. • DeepSeek gained global attention in 2025 by developing a high-performance model that requires fewer computing resources than its competitors.

• Chinese AI startup DeepSeek is exploring a new funding round only one month after its first external fundraising effort. • The company has begun preparations for an IPO in mainland China, with a potential filing in late 2026 and a target listing date in 2027. • DeepSeek is targeting a valuation of $70.9 billion to support massive capital requirements for proprietary data centers and in-house AI inference chips.

• The European Union has initiated negotiations to establish the legal framework and legislation required to introduce a digital euro. • The EU aims to finalize these regulatory rules by the end of 2026, paving the way for a pilot program involving approximately 40 banks and payment firms in 2027. • This initiative represents a strategic move toward digitizing the eurozone's currency, with a target for a full public rollout by 2029.

• Chinese AI startup DeepSeek is exploring a new funding round shortly after completing its first external fundraising effort of $7 billion. • The company intends to use the additional capital to expand its AI infrastructure, develop proprietary chips, and further increase its overall valuation. • This aggressive fundraising strategy highlights the intense competition and high capital requirements for scaling advanced AI capabilities.