Munich-based defense-AI startup Helsing closed a $1.8 billion Series E on July 13, reaching an $18 billion valuation with backing from JPMorganChase and Goldman Sachs in the largest European defense-startup round on record.
Author Archives: newanalytica
TSMC Q2 Revenue Surges 36% to Record $39.6 Billion on AI Demand
TSMC reported Q2 2026 revenue of $39.63 billion, a 36% year-over-year rise hitting the upper bound of its own guidance, as AI accelerator orders pushed June to an all-time monthly record of $13.2 billion.
India’s Inflation Breaches the RBI’s 4% Target for the First Time in 17 Months
India’s consumer price index rose to 4.38% in June 2026, driven by food and transport costs, reigniting debate over whether the Reserve Bank of India should resume rate hikes as early as August.
Ukraine’s Patriot Batteries Run Dry as Russia’s Ballistic Missiles Break Through
All six Russian ballistic missiles fired on July 11 penetrated Ukrainian air defenses as Patriot interceptors ran critically low, killing at least 9 across Sumy, Kherson, and Kryvyi Rih over two days of strikes.
Iran Shuts the Strait of Hormuz and Imposes a Toll Regime on Shipping
Iran formally closed the Strait of Hormuz to foreign shipping on July 12, demanding toll payments and regime-approved routing as U.S. gas prices hit $3.87 per gallon and diplomatic options narrowed.
DeepSeek is building its own AI inference chip to cut reliance on Nvidia
China’s fastest-growing AI startup has quietly assembled a semiconductor engineering team and begun talks with design and manufacturing partners to develop a proprietary chip optimised for inference workloads.
Circle wins federal bank charter, embedding USDC in the US banking system
The OCC on July 10 granted Circle Internet Group approval for a national trust bank charter — the first awarded to a stablecoin issuer — sending Circle shares up 13% and placing USDC reserves under direct federal oversight.
Warsh heads to Congress as June CPI data lands minutes before his testimony begins
Fed Chair Kevin Warsh delivers his first semiannual monetary policy address to Congress on July 14–15, with June inflation data scheduled for release just 90 minutes before the House hearing opens.
Coalition of the Willing gathers in Paris as Ukraine support bloc grows to 37 nations
Macron hosted Zelensky and more than 25 heads of state at the Hôtel des Invalides on July 13, where the coalition expanded to 37 nations and pledged renewed focus on Ukrainian air defence and security guarantees.
Fire kills 27 at Bangkok pub as electrical fault suspected
A fire engulfed the Na Ladprao pub in northern Bangkok early Sunday, killing 27 people and injuring 63 more in one of Thailand’s deadliest entertainment venue fires in recent memory.