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DeepMind's Nobel Exit, ASML Dispute & $1.8B Inference Surge
Audio is available on Spreaker — see link below.
Startup and VC funding intelligence for founders and investors: John Jumper leaves DeepMind for Anthropic, the ASML-US chip export dispute escalates, and inference platforms pull in $1.8B in 48 hours. Europe's FinTech funding drops 31% and India's IPO pipeline faces a fundamentals reckoning.
Audio is available on Spreaker — see link below.
John Jumper just left Google DeepMind for Anthropic. He's a Nobel laureate.
The other major development cuts deeper into the infrastructure layer. The US Commerce Secretary has publicly accused ASML of shipping advanced EUV lithography equipment to China.
On the funding side, the infrastructure bet is accelerating fast. Baseten jumped from a five billion dollar valuation to thirteen billion in five months.
European FinTech had a difficult first quarter. Funding fell thirty-one percent year over year, landing at three point eight billion dollars across a hundred and ninety-two deals.
In India, over fifty startups are queued for public listings, with twenty-six having already filed with SEBI. Flipkart, Zepto, OYO, and InMobi are among the names that could collectively raise the equivalent of roughly forty-seven thousand crore rupees in twenty twenty-six.
The narrowing here is straightforward. Watch whether the Jumper and Shazeer exits trigger a broader departure wave from DeepMind, or whether this week turns out to be isolated.
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