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Q1 revenue of $13.6 billion beat the $12.4 billion consensus by 9.4%. Data Centre and AI revenue rose 22% to $5.1 billion. Non-GAAP EPS of $0.29 beat the 1-cent consensus by a factor of 29. The stock is up more than 80% this year. Intel is working with Elon Musk on his planned Terafab chip […]
This story continues at The Next Web
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The Next Web
The FT’s seventh annual ranking by compound annual revenue growth. Plus: how listed companies overcome obstacles; AI and defence start-ups dominate investment; the US and China in Latin America; and technology shakes up Canadian wealth management Read more ›
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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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The Ace 6 Ultra sounds ready for long gaming sessions and short charging breaks. Read more ›
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The global automotive industry is entering one of the most transformative periods in its history. Electrification is accelerating, emissions regulations are tightening across major markets, and vehicles are rapidly evolving into software-defined platforms. Yet beneath the headlines about electric vehicles (EVs), another transformation is quietly reshaping the automotive ecosystem: the evolution of vehicle diagnostics. Rather […] Read more ›
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This article is visible for CLUB members only. If you are already a member but don’t see the content of this article, please login here. If you’re not a CLUB member yet, but you’d like to read members-only content like this one, have unrestricted access to the site and benefit from many additional perks, you ... Read more ›
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NEO Semiconductor says its 3D X-DRAM passed proof-of-concept testing, using 3D NAND processes to target cheaper AI memory than HBM. The company has secured funding for development. Read more ›
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Tesla's Cybercab is now in production at the company's Gigafactory in Austin, Texas, but Elon Musk is sounding unusually cautious about the rollout. The robotaxi's start of production was announced Thursday on X, with Tesla posting a video shot from inside a steering wheel-less Cybercab as it drove out of the factory with the caption, […] Read more ›
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The Chinese government is planning to restrict tech firms from receiving funding from the U.S. without prior approval, as part of Beijing’s response to Meta Platform’s acquisition of AI agent startup Manus, Bloomberg reported. Officials have told some tech firms in recent weeks that they should ... Read more ›
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Billionaires and CEOs are moving to Miami and bringing their businesses along with them. See some of the biggest names shaping the migration. Read more ›
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Unauthorized individuals have accessed Anthropic's new Mythos cybersecurity-focused AI model, despite the developer locking it down to just a handful of companies. Considering the AI was purposefully designed to find zero-day exploits and offer viable fixes, the breach raises questions about Anthropic's own security, and why Mythos couldn't protect it. Read more ›
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Xbox CEO Asha Sharma and Xbox Chief Content Officer Matt Booty have shared a detailed plan for the company's future, which includes a focus on player engagement and another name change. Read more ›
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A US surveillance program that lets the FBI view Americans' communications without a warrant is up for renewal. A new bill aims to address mounting lawmaker concerns—with smoke and mirrors. Read more ›
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Papier's CEO says the rise of AI and screen fatigue is pushing consumers toward more human experiences, driving demand for notecards and writing paper. Read more ›
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Toronto startup says the tool aims to cut the hassle and cost of moving money after payroll lands. Read more ›
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Vodafone Ireland has announced a further €360 million investment, reinforcing its long-term commitment to Ireland, as it makes final preparations to move to its new headquarters in St Stephen’s Green next week. The investment includes a further €200 million in its mobile network – building on the company’s €500 million, five-year network investment programme announced […] Read more ›
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The JEDEC Solid State Technology Association has officially detailed the preliminary specifications for the LPDDR6 memory standard. Designed to succeed LPDDR5 and LPDDR5X, this new architecture introduces significant structural changes aimed at meeting the high data demands of next-generation artificial intelligence (AI) and server applications. Processing-in-Memory (PIM) Technology The most significant innovation in the LPDDR6 standard is the implementation of Processing-in-Memory (PIM). This architecture. Read more ›
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Tim Cook was a great CEO, but he didn’t crack AI. It’s job number 1 for John Ternus. Read more ›
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OpenAI has officially unveiled Workspace Agents for ChatGPT, a new category of autonomous assistants designed specifically for organizational workflows. Unlike standard GPTs that respond to individual prompts, these agents function as persistent team collaborators capable of executing long-running tasks. Operating in the cloud, they can work independently even when users are offline, integrating directly into platforms like Slack and the ChatGPT interface to streamline productivity. Powered by the Codex eng Read more ›
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The Next Web
In short: Allbirds is rebranding as NewBird AI and pivoting from sustainable footwear to GPU-as-a-service cloud computing after selling its shoe business to American Exchange Group for $39 million. The company secured $50 million in convertible financing, saw its stock surge 600% before falling back by a third, and plans to lease GPUs to AI […] This story continues at The Next Web Read more ›
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In short: Canva and Anthropic have launched Claude Design, a new Anthropic Labs product powered by Claude Opus 4.7 that uses Canva’s Design Engine to generate fully editable, on-brand visuals from text descriptions. The announcement coincides with Canva AI 2.0, which the company calls its biggest product launch ever, introducing conversational design, agentic orchestration, and […] This story continues at The Next Web Read more ›
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In short: Geely, which owns Volvo, Polestar, Lotus, and Zeekr, has launched the EX5, a battery-electric SUV starting at 109,800 yuan (~$15,300) with massaging seats, a 1,000-watt sound system, and up to 610 km of range. Already sold in 35 countries and the most exported BEV A-class crossover in China, it undercuts the cheapest European […] This story continues at The Next Web Read more ›
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Intel has launched its Core Series 3 processors, codenamed Wildcat Lake, in what amounts to a direct response to the MacBook Neo. The new chips, announced on 16 April, target the same budget laptop segment that Apple redefined last month with its $599 machine, and they arrive with a familiar pitch: more choice, more AI […] This story continues at The Next Web Read more ›
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Uber has launched a service that sends a gig worker to your door to collect items you want to return to a retailer, for $5 a pickup. The feature, called Return a Package, is available in the Uber Eats app across nearly 5,000 US cities and works with nine retail partners including Target, Best Buy, […] This story continues at The Next Web Read more ›
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Summary: Zoom has partnered with World, Sam Altman’s biometric identity company, to let meeting participants verify they are human using World’s Deep Face technology, which cross-references iris-scanned biometric profiles with live video to display a “Verified Human” badge. The feature responds to deepfake fraud that cost businesses over $200 million in Q1 2025 alone, including […] This story continues at The Next Web Read more ›
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Summary: Anthropic CEO Dario Amodei is meeting White House Chief of Staff Susie Wiles on Friday to negotiate access to Mythos, a frontier AI model that can identify and exploit thousands of zero-day vulnerabilities across every major operating system and browser. The meeting follows Anthropic’s blacklisting by the Pentagon after Amodei refused to remove safety […] This story continues at The Next Web Read more ›
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Christian Weedbrook, the founder and CEO of Toronto-based Xanadu Quantum Technologies, became a billionaire this week without NVIDIA investing a single dollar in his company. His 46.4 million multiple-voting shares were worth approximately $1.5 billion as of midday Friday, after Xanadu’s stock surged nearly fivefold in six trading sessions. The catalyst was not anything Xanadu […] This story continues at The Next Web Read more ›
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Summary: Three senior OpenAI executives, former CPO Kevin Weil, Sora head Bill Peebles, and enterprise CTO Srinivas Narayanan – departed on the same day as the company shuts down “side quests” including Sora (discontinuing 26 April) and dismantles OpenAI for Science. The exits continue a two-year pattern that has seen only 2 of 11 co-founders […] This story continues at The Next Web Read more ›
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In short: AI coding startup Cursor (Anysphere) is in talks to raise at least $2 billion at a $50 billion valuation, co-led by Andreessen Horowitz, Thrive Capital, and Nvidia, nearly doubling its November 2025 valuation of $29.3 billion. The company has grown from zero to $2 billion ARR in three years – the fastest B2B […] This story continues at The Next Web Read more ›
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24.04.2026 11:39
Last update: 11:30 EDT.
News rating updated: 18:34.
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