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The Swedish telecoms equipment maker narrowly missed profit forecasts, with adjusted EBITA falling 20% year-on-year to SEK 5.6 billion. North America, which drove a 20%+ surge in Q1 2025, declined sharply as prior-year pull-forward investment unwinds. CEO Ekholm blames rising semiconductor input costs, partly driven by AI demand. Ericsson reported a sharp fall in profitability […]
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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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ChatGPT is still the top-ranked AI assistant app, but it's reportedly no longer dominant. Read more ›
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Electric SUVs have two options that are very compelling and powerful, but which one should you choose? We break down the differences between them. Read more ›
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On Sunday, a team of nine researchers at Sina Weibo — the Chinese social media giant better known for its microblogging platform than for cutting-edge artificial intelligence — quietly posted a 14-page technical report to arXiv that sent shockwaves through the AI research community. Their claim: a language model with just 3 billion parameters can match or exceed the reasoning performance of flagship systems from Google DeepMind, OpenAI, Anthropic, and... Read more ›
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Makita offers many of its products online through Amazon, and a good number of its cordless power tools are available at prices below $200 from the retailer. Read more ›
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China plans a $295 billion AI data center grid relying heavily on domestic chips, telecom operators, and government-backed financing structures. Read more ›
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Yesterday, reports claimed that the foldable iPhone Ultra will be delayed until early next year – however, leakster Fixed Focus Digital believes these reports are false. According to FFD’s sources, production capacity is limited, but that doesn’t mean that the announcement has been delayed. Instead, the Ultra will be unveiled alongside the iPhone 18 Pro models in September as originally planned. The actual release of the foldable may be delayed,... Read more ›
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Investing in AI really is not for the faint of heart. Leaving aside all the worries about risks of huge investments in data centers and the uncertainties about demand, there’s also the unpredictable government moves that can upend things. Case in point: the Trump administration’s warnings to Anthropic over the weekend that no foreigners, including foreign employees of Anthropic, could access its latest AI models without permission.While that warning is... Read more ›
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'Girls Like Girls' review: Hayley Kiyoko's feature directorial debut is based on the artist's novel, music video, and song. Read more ›
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Whether you’re at a festival, tennis match, or wedding, these hand fans and wearable cooling devices will make the heat way more bearable. Read more ›
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A new conversion camper from a South African company offers a way to trick out a Toyota Land Cruiser, turning it into a true overlander adventure machine. Read more ›
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The company's next major product wave could include AI-focused AirPods, smart glasses, a 20th-anniversary iPhone and a new foldable. Read more ›
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Apple spent years avoiding foldables while Android brands experimented. Now, the company is reportedly planning a second-generation foldable iPhone before the first one even launches. Read more ›
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OpenAI burned through $3.7 billion in the first quarter, more than half its $5.7 billion in revenue, according to documents the company shared with shareholders. Both cash burn and revenue tripled from the same period the previous year, signaling how even with strong AI demand, making money from AI continues to be challenging. The company ended the quarter with more than $73 billion in cash and marketable securities, compared with... Read more ›
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Longsys might have an answer to ever-increasing SSD prices: intelligent storage that incorporates state-of-the-art compression. Read more ›
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Looking for NYT Strands answers and hints? Here's all you need to know to solve today's game, including the spangram. Read more ›
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The Next Web
Legora, the agentic AI platform for legal professionals, is opening offices in Madrid, Milan, and Paris during Q3 2026, alongside a dedicated engineering hub in London. Hiring across all four locations has begun, with the company targeting a combined EMEA headcount of 700 within the next six to 12 months. The expansion follows a $600 million […] This story continues at The Next Web Read more ›
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The B2B marketing playbook has a new top metric: whether a brand gets cited when a buyer asks an AI assistant a question. The brands that show up inside ChatGPT, Claude, and Google’s AI Overviews, are, with very few exceptions, the brands that also rank well on Google itself. AI visibility is correlated with search rank, […] This story continues at The Next Web Read more ›
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Addverb Technologies, the Indian robotics startup controlled by Mukesh Ambani’s Reliance Industries, is seeking to raise more than $100 million to fund development of humanoid and quadruped robots and build the AI systems to train them. CEO Sangeet Kumar told Bloomberg the raise is the company’s first major fundraising effort since Reliance’s $132 million investment […] This story continues at The Next Web Read more ›
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Standard Bots has raised $200 million at a $1 billion valuation to expand US manufacturing of AI-powered robotic arms. The round was led by General Catalyst and RoboStrategy, a robotics-focused fund, and follows a $63 million raise nearly two years ago at an undisclosed valuation. The New York-based company makes robotic arms for industrial automation, handling tasks […] This story continues at The Next Web Read more ›
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Three-quarters of C-suite leaders at some of the world’s largest companies say agentic AI either lives up to the hype or is being underestimated. That is according to a poll conducted by AI Infra Summit at an exclusive CEO event in April, where attendees represented firms including Amazon, Dell Technologies, FedEx, Hitachi, Lenovo, MasterCard, Mercedes-Benz, […] This story continues at The Next Web Read more ›
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The AI infrastructure earnings calls of the past eight quarters have given the public a precise vocabulary for what the build-out costs in capital. Hyperscaler GPU procurement. Power purchase agreements. Real-estate footprints. The vocabulary they have not given the public is for what it costs to keep the clusters healthy on a recurring basis after […] This story continues at The Next Web Read more ›
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Einride, the Swedish electric and autonomous trucking startup, began trading on the Nasdaq on Wednesday through a merger with blank-check firm Legato Merger Corp III. The deal values the company at approximately $1.35 billion pre-money, down from the $1.8 billion announced in November and well below the roughly $5 billion discussed in earlier IPO talks with banks, […] This story continues at The Next Web Read more ›
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Proxy servers aren’t exactly a high-profile tool – and yet, they power much of AI infrastructure. A proxy server is another device with its own IP address that you use to access the web. In aggregate, they let you open many webpages through automated means without encountering CAPTCHAs or other roadblocks. Lacking proxies, companies wouldn’t […] This story continues at The Next Web Read more ›
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Rotomate, a Finnish industrial AI startup, has raised €2.1M in pre-seed funding to expand a platform that reads machine data and recommends maintenance actions the way a senior reliability engineer would. The round was led by Helsinki-based Kvanted, with Robin Capital, Angel Invest, Accel’s scout programme, and Business Finland also taking part. Angel investors Jiri […] This story continues at The Next Web Read more ›
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Cambridge Aerospace, a British defence-technology startup building systems to shoot down drones and cruise missiles, is in talks to raise around $300M at a valuation of about $3.5bn, according to a Bloomberg report citing people familiar with the matter. Venture firm DFJ Growth is in talks to lead the round, the people said. The financing […] This story continues at The Next Web Read more ›
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16.06.2026 21:23
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