Officials from AI startup Anthropic met with the Trump administration as the company seeks to address national security concerns that led to restrictions on some of its AI models, AFP reported. Anthropic had suspended access to its advanced AI models on Friday in compliance with a US security directive. However, discussions have not yet progressed to lifting those restrictions.

Chinese AI startup DeepSeek has secured over 50 billion yuan ($7.40 billion) in its first fundraising round, valuing the company at more than $50 billion, The Information reported. The deal uses a partnership structure overseen by CEO Liang Wenfeng to maintain founder control. Investors are subject to a five-year lock-up and will not have any voting rights.

Global investors like SoftBank, KKR and Peak XV Partners have sold shares worth nearly ₹18,000 crore in Indian new-age firms over the past eight months following the expiry of IPO lock-in periods. Major stake sales were seen in companies such as Groww, Lenskart and Meesho. Despite the exits, these investors continue to hold stakes valued at over ₹1.18 lakh crore.

A federal judge on Monday dismissed a lawsuit filed by Elon Musk's xAI accusing OpenAI of stealing trade secrets linked to its chatbot. The court found xAI failed to prove former engineer Xuechen Li shared confidential Grok-related information with OpenAI. The case had also alleged broader misuse of proprietary data and source code by former xAI employees who joined OpenAI.

Deeptech-focused YourNest Venture Capital has closed a ₹400 crore continuation fund called YourNest Continuum Fund I. The fund will invest ₹60-90 crore across seven portfolio companies, including Miko, Dozee, Exponent Energy and Twid. The new vehicle aims to provide liquidity to existing investors while supporting these startups for another five to seven years.

SpaceX's investors from some of the largest retail brokerage firms in US each received at least a single share in the historic $85.7 billion-IPO. Eligible customers putting in requests for shares with platforms run by Robinhood Markets, Charles Schwab and Fidelity Investments were allocated some stock. Reportedly, SpaceX ended up allocating about 20% of its IPO to retail investors globally.

Elon Musk-led SpaceX allocated about $600 million worth of IPO shares to retail investors in the European Union, Bloomberg reported. Demand far exceeded supply, with orders totalling nearly $2.5 billion, roughly four times the shares available. Meanwhile, customers at some of the largest US retail brokerages reportedly received at least one share each in the highly anticipated offering.

TrackerSuite.AI has raised ₹6 crore in a Pre-Series A funding round led by a UAE-based family office. The company will use the funds to strengthen its AI platform, expand enterprise offerings, grow its customer base & support global expansion. TrackerSuite.AI serves 1,800+ businesses across 25 countries, helping SMEs manage sales, workforce operations, inventory and reporting through one system.

Consumer-tech platform Speedioo has raised ₹10 crore in seed funding led by Atomic Capital. The company will use the funds to build an AI-driven technology platform, expand distribution, strengthen OEM partnerships and grow its retail network. Speedioo reported 5x topline growth in the past year, sold over 4,000 vehicles, crossed ₹30 crore GMV, and is targeting ₹100 crore ARR.

India's top four brokers Zerodha, Groww, Angel One and Upstox have received nod to offer international and US stock investing via GIFT City, Moneycontrol reported. The launch is expected to take two to three months, following completion of technology, testing and compliance work. This coincides with the SpaceX IPO-driven AI investment wave, with Anthropic and OpenAI IPOs expected later.