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SoftBank To Acquire 70% Stake In Sprint

SoftBank and Sprint Nextel have entered into a series of definitive agreements under which SoftBank will invest $20.1 billion in Sprint, consisting of $12.1...

Sprint Confirms Softbank Acquisition Discussions

Sprint has confirmed that the company is currently engaged in discussions with Softbank regarding a "potential substantial investment." Sprint said that such a transaction could involve...

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

IBM to deploy next-generation quantum computer at RIKEN in Japan

IBM has announced an agreement with RIKEN, a Japanese national research laboratory, to deploy IBM's quantum computer architecture and quantum processor at the RIKEN Center for Computational Science in Kobe, Japan.

Tractable raises $65M (UK)

British insurtech startup ⁠Tractable has raised a $65 million Series E investment.

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Seed

Oso Semiconductor raises $5.2M

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

Battelle appoints Tim Ryan to board of directors

Battelle has elected Tim Ryan, Citi’s Head of Technology and Business Enablement, to its board of directors.
Around the web

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. 
Around the web

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. 
Around the web

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.