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SWISSto12, a rare profitable satellite maker, raised a $70M Series C as Europe races to own its sovereign space infrastructure.

Xpeng launched the L03 coupe-SUV across 65 markets with in-house Turing AI chips and a second-generation autonomous driving system on every trim.

Fireworks raised $1.5bn at a $17.5bn valuation, betting every company will build its own specialized intelligence instead of renting from a big lab.

Sable raised $45 million from Sequoia and 8VC to build Aidan, an AI employee that runs live product demos and handles sales for companies like Notion.

Bunkerhill Health raised a $25M Series B led by Khosla Ventures, taking its total to $55M, to put healthcare AI agents to work inside hospitals.

Apple is preparing the biggest iPad mini overhaul in years with an OLED screen and A19 Pro chip, targeting an October release amid rising component costs.

Microsoft is overhauling its security business around AI and cutting several hundred jobs, aiming to win back spending flowing to OpenAI and Anthropic.

The UK drops its VPN restrictions plan after its own research found children use VPNs for privacy, not to dodge age checks. The onus shifts to platforms.

Israeli startup Oak has raised $60M for an AI-native identity platform that governs every user, machine, and AI agent from a single control plane.

Anthropic and Blackstone have launched Ode, a $1.5bn AI implementation firm betting the next fortune in AI is deployment, not better models.