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China is reportedly keeping DeepSeek under close watch
China appears to think homegrown AI startup DeepSeek could become a notable tech success story for the country. After DeepSeek’s sudden rise to fame in January with the release of its open “reasoning” model, R1, the company is now operating under new, tighter government-influenced restrictions, according to The Information. Some of the company’s employees have…
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Startups Weekly: Founders may be raising less, but deals haven’t been lacking
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week showed more optimism among startups than in other corners of the world, with entrepreneurs feeling confident enough to acquire other companies, raise fresh funding, and…
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Arizona proposes law that would shift wildfire liability from utilities to insurers
Arizona lawmakers are debating a bill that would protect utilities from wildfire-related lawsuits, a move that would likely send shockwaves through the insurance industry. The bill would make it harder to prove that utilities are to blame for wildfires started by faulty or poorly maintained equipment while also limiting damages. In exchange for reduced liability,…