OpenAI has raised an additional $11 billion at a $1.25 trillion valuation, according to reports, in a funding round expected to close in the coming weeks. Source
Palo Alto Networks is in talks to acquire Clutch, an AI agent security startup, for $500 million. Clutch, which was backed by Lightspeed and SignalFire, was last valued at $85 million. Source
China's Ministry of State Security recruited Alice Huang, an executive at Megaspeed, to spy on Jensen Huang, Nvidia's chief executive, according to the New York Times. The intelligence agency enlisted her to gather information about American AI chips and "potentially influence the company to push for its most advanced chips to be made available to China." Source
DeepSeek and GLM, free Chinese AI models, have demonstrated hacking capabilities approaching those of OpenAI's most advanced cyber model, which remains unpublished. An experiment in which AI models were asked to penetrate simulated networks showed the Chinese models closing the gap on frontier cybersecurity tools. Source
Microsoft has offered buyouts to roughly 60,000 employees as the company invests billions in artificial intelligence. The buyout offer comes as the workforce was already on edge over the company's AI spending priorities. Source