TNW

SpaceX fixes IPO at $135 a share for a $1.75tn valuation and a record listing
Factorial raises $150M at a $2.5bn valuation, with General Catalyst betting twice
Apoha emerges from stealth with $36M to teach machines how matter behaves
Applied Aerospace & Defense raises $650M in an IPO the market wanted ten times over
DeepSeek lines up its first outside money: a $7bn round at up to $59bn
France’s Quobly raises €115M to put a quantum computer on a silicon chip
Flok Health raises $12.5M to scale an AI physiotherapist the NHS lets work unsupervised
Megaport raises A$827M to build a distributed AI cloud and chase the inference market
Gigaton raises $26M to rip out the control software running heavy industry
UK regulator imposes new rules on Google search, including an AI-training opt-out
GitLab to cut 14% of staff and exit 22 countries in ‘agentic era’ restructuring
Musk allies back a private-sector DOGE as ex-staffers launch Special
Kodesage raises $6.6M to drag enterprise legacy software into the AI era, without it leaving the building
UK committee urges break clause on Palantir’s £330M NHS data contract
ChatGPT hits 1 billion monthly users faster than any app before it
Trump quietly signs a downsized AI executive order asking companies to voluntarily submit models for review 30 days before release
Poland will introduce a “sovereignty test” for government tech purchases as Tusk warns AI dependency has reached dangerous proportions
RogueDB introduces a simplified database platform designed to reduce infrastructure work for startups and IT teams

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