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Paris-based fintech Pennylane has just pulled off one of Europe’s most noteworthy funding rounds of the year, announcing €175 million in new capital to accelerate its push into artificial intelligence and expand its footprint across the continent. The round was led by growth investor TCV, with participation from Blackstone Growth and a group of existing backers that includes Sequoia Capital, DST Global, CapitalG and Meritech Capital. What makes this raise stand out isn’t just the size of the cheque, though
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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A few well-chosen accessories can change how your Pixel feels day to day. These are the ones most likely to earn a permanent spot. Read more ›
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Microsoft has announced significant price increases of $100 USD and beyond for its Xbox Series X/S consoles, blaming the rising costs of memory and storage for the move. Read more Read more ›
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Some devs working on Marathon have also been laid off and studio head Justin Truman has stepped down. Read more ›
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Apple's M7 silicon, expected in early 2027, will reportedly include Pro, Max, and Ultra variants with boosted memory bandwidth. Read more ›
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GLM-5.2 tops web leaderboard using strong templates, library integration, and pricing advantage over Claude Fable 5 Read more ›
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Save 67% off this 4TB Sandisk Creator SSD, now $350 down from $1050 but hurry up this anti Prime Day offer ends in 11 hours. Read more ›
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Ford won a major quality award after years of recall headaches. It says the turnaround came from veteran engineers and rethinking AI. Read more ›
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Losing my dream job forced me to rethink my identity, my career, and what security actually means in an era of constant layoffs. Read more ›
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Just two weeks after Bitcoin fell to $59,000 in its worst weekly stretch since 2022, the world’s largest cryptocurrency is back under pressure. On Thursday morning, Bitcoin plunged as much as 5% to roughly $58,000, its weakest level since 2024, ... Read more ›
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Cellebrite claims the hardware predates current sanctions and was used without its consent. Read more ›
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Polestar, a division of Volvo is officially exiting the U.S. market. Here's what the company said and what it means for owners and prospective buyers. Read more ›
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Several users have reported a Pixel 4a bug where the phone refuses to go past the boot screen. Read more ›
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China "cannot afford to wait", the company says, as Mythos finds more and more flaws. Read more ›
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Apple is changing its Apple silicon launch timeline to speed up the debut of chips designed for artificial intelligence workloads, reports Bloomberg. Apple plans to release an M6 chip for entry-level Macs as soon as this year, but it has canceled plans for higher-end M6 Pro and M6 Max chips. Instead, Apple's next Pro and Max chips will be part of its M7 chip lineup, with the first M7 chips... Read more ›
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The DeFi lender is rebuilding after the fallout from April's KelpDAO exploit sparked a multibillion-dollar exodus of deposits despite Aave itself not being hacked. Read more ›
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A previous statement from Valve indicating that the Steam Machine was a 'RAM lottery' in terms of memory configuration was, in fact, mistaken. Read more ›
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SpaceX has appointed Roelof Botha, the former steward of Sequoia Capital, to its board of directors. The appointment, disclosed in an 8-K filing on 17 June, comes less than a week after the company’s record-breaking $75 billion IPO. Botha will serve as an independent director and join SpaceX’s audit committee immediately. He fills an existing vacancy on the […] This story continues at The Next Web Read more ›
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Ford has launched Ford Energy, a wholly owned subsidiary that will manufacture large-scale battery energy storage systems for utilities, data centres, and industrial customers. The company has committed roughly $2 billion to the operation, which repurposes a Kentucky plant originally built for electric vehicle batteries. The subsidiary is led by Lisa Drake, who reports directly to Ford […] This story continues at The Next Web Read more ›
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BMW on Tuesday cut its full-year profit forecast for the car business, lowering its expected automotive EBIT margin to a corridor of 1 to 3 per cent from prior guidance of 4 to 6 per cent. The company blamed an accelerating decline in the Chinese market and the widening economic fallout from the conflict in the Middle […] This story continues at The Next Web Read more ›
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The Federal Energy Regulatory Commission on Thursday ordered six major grid operators to fast-track interconnection requests from data centres and other large electricity users. Under the directive, approved unanimously, grid operators must demonstrate that data centres are “able to connect to the transmission system in a timely and orderly manner.” Data centres will be responsible for paying […] This story continues at The Next Web Read more ›
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General Intuition, a New York-based AI lab that trains agents to reason about space and time using billions of video game clips, is in talks to raise approximately $300 million at a valuation of just over $2 billion, according to TechCrunch. The round would come just eight months after the company launched with a $134 million […] This story continues at The Next Web Read more ›
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Rivian is facing a class action lawsuit alleging it spent five years making false promises about the autonomous driving capabilities of its first-generation R1T truck and R1S SUV. The complaint, filed Wednesday in the US District Court for the Central District of California, claims Rivian represented that its flagship vehicles would be capable of hands-free, eyes-off driving, […] This story continues at The Next Web Read more ›
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Apple on Wednesday announced changes to iOS in Brazil that will allow developers to distribute apps through alternative marketplaces, operate their own app stores, and process payments for digital goods outside Apple’s In-App Purchase system. The changes take effect with iOS 26.5 and stem from a settlement with Brazil’s competition regulator CADE. Brazil now joins the European […] This story continues at The Next Web Read more ›
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UPS detailed a slate of AI-powered logistics initiatives on Wednesday, including a real-time digital twin of its entire global network that updates every 10 minutes. The system creates a digital replica of facilities, air and ground networks, and end-to-end package flows. It continuously tracks performance so the network can adjust and, in UPS’s words, “self-heal […] This story continues at The Next Web Read more ›
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Spotify on Wednesday launched Reserved by Spotify, turning the concert ticketing concept it unveiled last month into a live product. The feature automatically holds up to two concert tickets for Premium subscribers based on their listening habits, making Spotify the first audio streaming platform to offer dedicated pre-sale ticket access. The first artist to participate is indie-pop […] This story continues at The Next Web Read more ›
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Liberty Bank, a 201-year-old mutual bank headquartered in Middletown, Connecticut, announced the launch of an AI Center of Excellence alongside a strategic partnership with Flare AI. The centre will serve as the hub for AI strategy, governance, and execution across the bank’s personal, commercial, and digital operations. The partnership is structured around outcomes rather than […] This story continues at The Next Web Read more ›
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25.06.2026 13:43
Last update: 13:36 EDT.
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