Cristina Criddle / Financial Times:
Microsoft warns Chinese companies, especially DeepSeek, are winning AI adoption outside the West, gaining significant market share in the Global South  —  DeepSeek's technology is being rapidly adopted across Africa and beyond, tech group's research shows  —  Microsoft has warned …

Decrypt:
The NYC token, launched by ex-New York City Mayor Eric Adams on January 12, saw its market cap drop from ~$600M to ~$100M after suspicious liquidity activity  —  On-chain data shows unexplained liquidity withdrawals as Eric Adam's NYC token's market cap continues to bleed.  —  In brief

Financial Times:
Sources: Balderton cashed out ~$2B of its Revolut stake in the past year, turning an early £1M bet into a historic European VC win; its fifth fund returned 25x  —  Balderton Capital led $75bn fintech's first funding round and retains substantial stake even after cashing out $2bn

Bloomberg:
Chinese chipmaker GigaDevice rose 54% in its Hong Kong debut after raising ~$600M in its IPO, and reported H1 2025 profit of ~$84M, up 14% from H2 2024  —  GigaDevice Semiconductor Inc. shares rose in its Hong Kong debut, underscoring growing investor interest in Chinese stocks related to artificial intelligence.

Reuters:
Nvidia denies that it asked Chinese customers to pay upfront for H200 chips, saying it “would never require customers to pay for products they do not receive”  —  Nvidia does not require upfront payment for H200 chips, a spokesperson for the U.S. chipmaker said in a statement to Reuters on Tuesday.