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Coherent raises $75M

No-code software-as-a-service (SaaS) provider Coherent has closed a $75 million Series B funding round.

The investment was led by Maverick Capital, with participation from Owl Rock, a Blue Owl division, and GreatPoint Ventures. Existing investors Cathay Innovation and Franklin Templeton also participated in the fundings.

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Oso Semiconductor raises $5.2M

Oso Semiconductor has raised $5.2 million in seed funding. The round was led by Engine Ventures.

OpenAI launches ChatGPT Gov for U.S. government agencies — CNBC

It’s called ChatGPT Gov and was built specifically for U.S. government use; writes Hayden Field. 

DeepSeek’s popular AI app is explicitly sending US data to China — Wired

Users have already reported several examples of DeepSeek censoring content that is critical of China or its policies, writes Matt Burgess and Lily Hay Newman. 

DeepSeek hit with large-scale cyberattack, says it’s limiting registrations — CNBC

DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services; writes Hayden Field.