Katie Fehrenbacher / Axios:
Ubicquia, which provides software to utilities, cities, and companies to manage energy infrastructure like transformers, raised a $106M Series D  —  Ubicquia, which deploys digital tech for infrastructure, raised a $106 million Series D, CEO Ian Aaron tells Axios Pro exclusively.

Wall Street Journal:
Anthropic says DeepSeek, MiniMax, and Moonshot violated its ToS by prompting Claude a combined 16M+ times and using distillation to train their own products  —  The allegations mirror those of OpenAI, which told House lawmakers that DeepSeek used ‘distillation’ to improve models

Echo Wang / Reuters:
Internal memo: Lightricks, creator of photo editing app Facetune, is splitting its consumer app unit from its GenAI unit LTX to better capture the growth in AI  —  The creator of the Facetune photo editing app, Lightricks, is splitting its consumer app business from its generative AI video platform LTX …

Jack Pitcher / Wall Street Journal:
Software stocks extend their weeks-long selloff, with AppLovin, Datadog, Workday down 7%+; several of the biggest decliners were discussed in a post by Citrini  —  The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI.

Financial Times:
Sources: Trump's “Board of Peace” is exploring a USD-pegged stablecoin for Gaza; a source says it will not be a “Gaza Coin” or a new Palestinian currency  —  Proposal to launch cryptocurrency pegged to US dollar comes after cash supply was decimated during Israeli offensive