Nscale secures $3.36B in convertible financing led by Third Point ahead of its US IPO, with $2.36B available immediately and $1B from Nvidia in November (Marina Temkin/TechCrunch)

Nscale secured $3.36 billion in convertible financing, including $1 billion from Nvidia, to support its upcoming US IPO. Meanwhile, a federal appeals court upheld the Department of Defense's ban on Anthropic’s Claude due to national security risks. Additionally, Tesla increased Optimus humanoid robot production to hundreds of units weekly despite ongoing manufacturing and supply chain constraints.