DeepSeek Eyes $1.5B Fundraise at $71B Valuation Ahead of 2027 IPO

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Chinese AI firm DeepSeek is reportedly in talks to raise approximately $1.5 billion in fresh capital, according to sources familiar with the matter. The fundraising round would value the large language model developer at around $71 billion. The company is also said to be planning a public market debut, with an IPO targeted for 2027. The fundraise would serve as a stepping stone toward that listing, signaling growing investor confidence in the Chinese AI startup.

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Plex Confirms Widespread Service Outage Affecting Streaming and Server Access

Plex experienced a major service disruption, with numerous users reporting issues on the company's forums and on Reddit. The outage affected users' ability to stream locally hosted movies and shows, a core function of the platform. Some users also reported problems with content matching on their personal servers, while even local LAN playback was slow or unreliable for many. Plex officially acknowledged the outage, though the full extent and cause had not been disclosed at the time of reporting.

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Nintendo Switch 2 Game Bundle Drops to $449.99 on Amazon Ahead of Price Hike

Amazon is currently offering the Nintendo Switch 2 'Choose Your Game' bundle for $449.99, a $50 discount off its usual $499.99 price. The bundle includes a free digital game from a selection of titles such as Mario Kart World, Donkey Kong Bananza, or Pokémon Pokopia. Normally, the bundle only provides a $20–$30 saving depending on the chosen game, making this deal more valuable than typical offerings. The discount is especially notable as Nintendo plans to raise the Switch 2's base price from $449.99 to $499.99 in September. It also remains uncertain whether the bundled game discount will continue after the price increase takes effect.

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26 Ex-Meta Employees Sue Over AI Tools Allegedly Biased Against Workers on Leave

A group of 26 former Meta employees has filed a lawsuit against the company alleging it used AI-driven tools to unfairly select workers for layoffs. The plaintiffs claim Meta relied on a network of internal AI systems to score and rank employee performance before determining who to let go. Critically, the lawsuit alleges the ranking system failed to exclude employees on parental or medical leave, effectively penalizing them for taking legally protected time off. As a result, workers on protected leave were reportedly dismissed at a disproportionately higher rate than their peers. The case was first reported by Reuters and raises broader questions about the use of automated tools in high-stakes employment decisions.

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Boston Dynamics tests Spot robot dog for last-mile package deliveries

Boston Dynamics is testing a conveyor belt attachment for its quadruped robot Spot that enables it to carry and autonomously deliver packages to customers' doorsteps. The accessory is designed to reduce the workload of human delivery drivers by handling the final leg of a delivery. While wheeled robots and drones have previously been explored for automated deliveries, humans have remained the most effective option for navigating obstacles like stairs and cluttered paths. Spot has previously been deployed for factory inspections and heritage site monitoring, and this delivery trial marks a new commercial application for the robot.

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