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CHINA
DeepSeek and MiniMax cleared to take AI models abroad, state media says
A CCTV-linked account says the China AI export controls target data, sensitive uses and computing power. APIs, apps and SaaS stay outside, and most AI remains free to export.
INVESTORS AND FUNDING
OpenAI cuts its valuation target to $1.25tn as it nears a $30bn round
Investors from the UAE and Coatue lead an OpenAI funding round pitched as an “opportunistic” bridge to a stock market listing. The company wants signatures by the end of next week.
MICROSOFT
Microsoft nominates Stripe’s Collison to its board and trims Nadella’s pay
Disney finance chief Hugh Johnston and LinkedIn co-founder Reid Hoffman leave the board in December. A 5% fall in Xbox content revenue also pulled down Satya Nadella’s cash bonus, The Information reports.
CHINA
DeepSeek and MiniMax cleared to take AI models abroad, state media says
A CCTV-linked account says the China AI export controls target data, sensitive uses and computing power. APIs, apps and SaaS stay outside, and most AI remains free to export.
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