Simon Willison / Simon Willison's Weblog:
DeepSeek V4 Pro costs $1.74/1M input and $3.48/1M output tokens while V4 Flash costs $0.14/1M input and $0.28/1M output tokens, both the cheapest in their class  —  Chinese AI lab DeepSeek's last model release was V3.2 (and V3.2 Speciale) last December.  They just dropped the first of their …

Tanya Pandey / The Economic Times:
Staffing experts say India's IT sector is seeing a rise in replacement hiring as companies adapt to Gen Z staff leaving jobs faster than previous generations  —  India's IT sector is experiencing a surge in replacement hiring.  Gen Z professionals are leaving jobs at a faster rate, prompting companies to revise their strategies.

The Information:
Sources: Cursor hit $2.7B in annualized sales in March, up ~14x from a year ago, and reported a nearly $900M loss in its past fiscal year on ~$770M in revenue  —  Weeks before Cursor agreed to a $60 billion potential takeover from SpaceX, the hot AI coding startup set out to raise billions of dollars.

Ben Jiang / South China Morning Post:
China's top market regulator says it is launching a six-month crackdown on the country's online ad sector, targeting malpractices including the misuse of AI  —  Market watchdog flags AI abuse and traffic-driven tactics as it launches first campaign to overhaul online advertising

Bloomberg:
The AI boom has pushed the market cap of Shenzhen-listed Zhongji Innolight, a leading optical communications device maker, close to $146B, a record high  —  Chinese optical stocks are attracting growing investor interest on expectations that rising demand for optical components critical …