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- 💰 DeepSeek $15B vs. OpenAI $30B
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AI funding is getting ridiculous. DeepSeek reportedly pulled in $15B while OpenAI is chasing another $30B. Now, the AI race looks increasingly like a capital arms race.
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AI INSIGHTS
Within the same week, two major AI labs on opposite sides of the Pacific moved toward huge new rounds.
DeepSeek raised around 100B yuan ($15B). Roughly 2× its original target. Backers reportedly include Tencent and CATL. DeepSeek is also preparing for a possible Shanghai IPO.
OpenAI is seeking another $30B. Target valuation: around $1.25T, that would be about 50% higher than its previous $852B valuation. A possible 2027 IPO is also being discussed.
And there’s a bigger fight underneath all of this. The US is tightening restrictions around Chinese AI, chips, and government use. China is responding by putting more capital behind its own AI companies.
The AI race is no longer just about who builds the smartest model. It’s becoming a race for capital, chips, compute, data centers, energy, and domestic infrastructure.
DeepSeek now has roughly $15B more firepower to push China’s open-model ecosystem, while OpenAI is trying to raise twice that amount on the US side.
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TODAY IN AI
AI HIGHLIGHTS
🧹 AI has one annoying habit: give it a task, and somehow you get extra features, or code you never asked for. So this “Less is more” prompt can help rein it back in.
💡 One of the biggest interview mistakes? Selling yourself short. OpenAI engineering lead Wulfie Bain also shared 4 more behavioral tips that could seriously help you.
💸 Grok for Startups program is live! You get 6-12 months of credits across Grok, Grok Build, Grok Bot and the API, plus matching your spend with free credits. Apply for it.
🧪 Moonshot teased Kimi K3.1, and its pre-release “Kibitz” tests look surprisingly strong. Kimi K3.1 isn’t even officially out yet, coding, 3D scenes, SVGs, low cost…
📢 If you’re on ChatGPT Free or Go, ads may be coming your way. OpenAI just expanded to 89 countries, with more than 100,000 advertisers already participating.
⚡ OpenAI’s Decisions API is now generally available, and can be used via APIs & the OpenAI Platform. Fast, focused, low-cost decisions for any application. Try it here!
🛡️ GPT-5.6 Sol helped uncover two critical PHP flaws affecting software behind roughly 70% of websites. Governments pulled sites offline as patches rolled out.
💰 Big AI Fundraising: Flapping Airplanes raised $1B at a reported $6B valuation. The year-old AI lab is rethinking GPU software to make training and inference dramatically cheaper.
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AI BREAKTHROUGH
Chinese state-linked hackers used AI agents to turn a ConnectWise supply-chain breach into a machine-speed attack against more than 2,250 Microsoft 365 tenants.
Here’s what happened:
The group, stole ConnectWise Cloud Backup application credentials and used that trusted access against downstream customers.
They used ARTEX, an open-source agentic penetration-testing framework, to automate scanning, password spraying, and OAuth abuse.
At peak speed, the campaign hit roughly 2,900 sign-in attempts per minute across 2,250+ tenants.
In several separate ARTEX-driven attacks, the hackers reached privileged cloud access in under three hours.
The scary part is the speed. Humans normally need time to move from discovery → exploitation → persistence. Agentic systems can test multiple attack paths continuously, giving defenders much less time to react.
Microsoft confirmed follow-on activity in multiple environments, while ConnectWise says it has no evidence that its encrypted backup archives were accessed.
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