Reading List
The most recent articles from a list of feeds I subscribe to.
PitchBook: defense tech companies making drones, battlefield AI, and more raised $12.3B across 175 deals in 2026 so far, up from a $9.95B from 158 deals in 2025 (Financial Times)
Financial Times:
PitchBook: defense tech companies making drones, battlefield AI, and more raised $12.3B across 175 deals in 2026 so far, up from a $9.95B from 158 deals in 2025 — Funding this year has already surpassed 2025 total as soaring valuations fuel fears of a hype cycle
Tencent starts testing its new Xiaowei AI assistant powered by WeLM and DeepSeek models in its WeChat app in China, in an effort to catch up in the AI race (Luz Ding/Bloomberg)
Luz Ding / Bloomberg:
Tencent starts testing its new Xiaowei AI assistant powered by WeLM and DeepSeek models in its WeChat app in China, in an effort to catch up in the AI race — Tencent Holdings Ltd. has started testing a new AI assistant for WeChat as part of its efforts to catch up with peers in China's white-hot artificial intelligence race.
Source: Morgan Stanley is pitching data center developers to use leveraged loans rather than bonds, and estimates ~$15B will be issued in 2026 in such loans (Dakin Campbell/The Information)
Dakin Campbell / The Information:
Source: Morgan Stanley is pitching data center developers to use leveraged loans rather than bonds, and estimates ~$15B will be issued in 2026 in such loans — Morgan Stanley, one of the most active banks in financing data center developers, is now pitching some of those same clients …
WiseTech's shares fell 11% after Australian police probed co-founder Richard White over sex exploitation claims; WiseTech shares are down ~67% in the past year (Sydney Morning Herald)
Sydney Morning Herald:
WiseTech's shares fell 11% after Australian police probed co-founder Richard White over sex exploitation claims; WiseTech shares are down ~67% in the past year — Federal police are investigating billionaire businessman Richard White over claims he exploited a woman's immigration status …
Sources: ByteDance shares are trading at a $600B+ valuation in gray markets; an IPO is unlikely and its growth continues to benefit its Chinese and US backers (Henny Sender/Nikkei Asia)
Henny Sender / Nikkei Asia:
Sources: ByteDance shares are trading at a $600B+ valuation in gray markets; an IPO is unlikely and its growth continues to benefit its Chinese and US backers — Henny Sender is the founder and managing partner of Apsara Advisory, a strategic consultancy for financial services companies.