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Summary: Google announced a $750 million fund at Cloud Next 2026 to finance partners’ agentic AI development, the largest single partner investment from any hyperscaler. Accenture has built 450+ agents, Deloitte committed its “largest investment yet,” KPMG pledged $100M, PwC $400M, and NTT DATA dedicated 5,000 engineers. With partners capturing up to $7.05 for every […]
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The Next Web
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Schneider Electric has announced a strategic collaboration with Hon Hai Technology Group, better known as Foxconn, to design and scale the next generation of AI data centres. The deal, announced on 15 June, pairs the French energy-management group with the world’s largest contract electronics manufacturer. The division of labour follows the two companies’ respective strengths. Foxconn […] This story continues at The Next Web Read more ›
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Razorpay, the Bengaluru payments company, has filed draft papers for an initial public offering through India’s confidential route, according to people familiar with the matter. The filing moves one of the country’s larger fintech firms a step closer to the public markets, without yet putting its financials on public display. The confidential mechanism, which Indian […] This story continues at The Next Web Read more ›
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The man who runs one of the world’s largest artificial-intelligence companies stood up to address Stanford’s graduating class and, for the most part, declined to talk about artificial intelligence. Sundar Pichai, the chief executive of Google and Alphabet, gave the address at the university’s 135th commencement on Sunday 14 June, in Stanford Stadium, and chose […] This story continues at The Next Web Read more ›
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Tesla put self-published safety statistics in front of regulators in Sweden and the Netherlands that independent traffic-safety researchers say amount to misleading marketing, according to a Reuters review of correspondence obtained through public-records requests. The data was part of the company’s push to win wider European approval for its Full Self-Driving system, in a region where Tesla […] This story continues at The Next Web Read more ›
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AT&S, the Austrian maker of printed circuit boards and chip substrates, will spend between €1.5bn and €2bn expanding capacity for the high-end IC substrates that AI and high-performance computing chips are built on, the company said. The plan spans its plant at Kulim in Malaysia and its facility at Chongqing in China, and it is […] This story continues at The Next Web Read more ›
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Fox acquires Roku in a $22bn deal that drags the cable-reliant broadcaster squarely into streaming. Fox Corporation will pay $160 a share, in cash and stock, for the maker of the streaming sticks and smart TVs sitting in more than 100 million households worldwide, the companies said on Monday. The structure is $96 in cash […] This story continues at The Next Web Read more ›
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The Enflame IPO is on. Shanghai Enflame Technology, an AI-chip startup backed by Tencent, has won listing-committee approval to raise about 6 billion yuan ($888m) on the Shanghai Stock Exchange’s STAR board, according to Bloomberg. It is the last of China’s “four little dragons,” the cohort of homegrown AI chipmakers Beijing is counting on to […] This story continues at The Next Web Read more ›
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The Nvidia bond sale is on. The chipmaker is seeking to raise at least $20bn in its first corporate bond offering since 2021, Bloomberg reported, citing people with direct knowledge. It is selling the debt in seven tranches, with maturities running from two to 30 years. A regulatory filing confirms the shape of the deal. […] This story continues at The Next Web Read more ›
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Salesforce acquires Fin, the customer-service AI company formerly known as Intercom, in a deal worth about $3.6bn. The CRM giant signed a definitive agreement on Monday, it said, to fold Fin’s “customer agent” technology into Agentforce, its own fast-growing AI-agent platform. Fin’s pitch is autonomous support. Its AI Agent handles customer queries end-to-end across live […] This story continues at The Next Web Read more ›
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22.06.2026 05:14
Last update: 05:06 EDT.
News rating updated: 12:00.
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