Anthropic has announced a new fund that receives at least 5% of its shares and supports public-benefit causes such as addressing AI's employment impact. The Anthropic Public Benefit Fund may receive an additional 2% for every 50% rise in company value above a baseline, at the board's discretion. The plan needs stockholder approval, and Anthropic says roughly 20% of its shares go to the public good. Bloomberg reports the company is preparing for one of the biggest IPOs ever.

The Information (newsletters); also Financial Times (Technology), Bloomberg Technology

DeepSeek's annualized revenue has reached $1 billion, and the startup has finalized a $7.5 billion fundraising round, according to The Information. The report gives no further details on the investors, the valuation or the timing.

The Information (newsletters)

Character.AI declared bankruptcy this week in a deal letting Disney hire most staff, including former CEO Karandeep Anand, now Disney's first CTO, and potentially acquire most technology while avoiding legal liabilities. Court filings show Disney will offer jobs to at least 60 employees, about $60 million in annual compensation, and paid $5.5 million plus a $2 million refundable deposit for a perpetual worldwide license to Character.AI's code, tools and trust and safety work. The startup's new CEO says the filing seeks a consensual resolution with personal injury claimants and investigating states.

Ars Technica; also TechCrunch, Wired

The Department of Homeland Security has ordered DeepSeek technology removed from federal civilian IT systems, according to The Wall Street Journal. The order, numbered 2026-01 and signed by Homeland Security Secretary Markwayne, bars future purchases of the company's products and services. It covers products developed by DeepSeek affiliates and third-party products built using the company's implementations.

The Wall Street Journal (Technology); also Hacker News

Tenstorrent Inc., an AI chip startup that drew takeover interest earlier this year, has raised $1.5 billion from investors, according to a statement provided to Bloomberg News. The funding round lifts the company's valuation to $6.2 billion.

Bloomberg Technology; also TechCrunch

Google Research open-sourced Harness², a pluggable agent framework under Apache 2.0 supporting OpenCode and Codex backends, defaulting to OpenCode.

InfoQ China; also Philipp Schmid

Since Anthropic disclosed Scion, a version control system built by seven engineers in five months alongside review tool Antique, new figures emerged: monorepo main branch history nears 100GB, over 25GB compressed working copies, roughly 25…

InfoQ (WeChat)

Eric Schmidt, former Google CEO, holds roughly 1% of Anthropic PBC through an early investment, per people familiar.

Bloomberg Technology · according to people familiar with the matter; not on Anthropic's or Schmidt's own channels

Anthropic is in talks with Nscale for a second multibillion-dollar agreement, per the Financial Times, seeking additional computing power from the UK data center group.

Financial Times (Technology)

Microsoft withdrew from a planned U.K. data center Nscale was building for it, an Nscale spokesperson says, after power suppliers said the site may not get power until 2030.

The Information (newsletters)

Nvidia asked Samsung Electronics, SK Hynix and Micron, suppliers of its next-generation custom high-bandwidth memory chips, to use TSMC's 3-nanometer process, the Seoul Economic Daily reported, standardizing manufacturing around that process.

The Information; also The Information (newsletters)

DeepSeek's V4.1-Flash update now shows in independent benchmarks: 45 on the Artificial Analysis Intelligence Index, 6 points above its predecessor, and top open model in Agent Arena.

The Information; also TechNode, Artificial Analysis, arena

MiniMax released MiniMax M3.1 Flash, a next-generation model with gains in agentic tasks, coding, computer use and cybersecurity.

MiniMax; also MiniMax_AI, VentureBeat (AI)

AI at Meta published a technical report on Muse Glimmer, a 30B open-weight model for agentic tasks on consumer hardware.

AI at Meta (@AIatMeta)

BFL released FLUX 3 Max, a video model generating a 10-second video in 12.45 seconds, 22 times faster than Seedance 2.5 at the same Elo.

bfl_ai (@bfl_ai)

Further details of China's draft export-control plan emerged: the Ministry of Commerce proposes adding 40 technologies in AI, biomedicine and photovoltaics to its restricted list, including 23 AI items like large language models, AI agents…

The Information (newsletters)

The Justice Department asks a federal judge to deny bail for an OpenAI software engineer accused of using a hidden recording device in one of the company's offices, citing Saudi ties, Bloomberg Technology reports.

Bloomberg Technology

DeepSeek launched Search and Fetch APIs opening its proprietary search engine to AI agent developers.

TechNode

A Google DeepMind paper describes a Gemini-based agent that found and formally verified new acceleration rules for eleven unresolved Turing machines in BB(6), the Busy Beaver frontier.

elvis (@omarsar0)

A hacker broke into more than 100 websites using mostly autonomous AI agents, per AI security firm Norforge.

The Verge