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Quantinuum filed for a US initial public offering on Thursday that could value the company at more than 20 billion dollars. In the year ended 31 December 2025, Quantinuum reported revenue of 30.9 million dollars and a net loss of 192.6 million dollars. The company is asking public market investors to pay a premium […]
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GPT-Live is also bringing visual responses, remastered voices, and more to ChatGPT's voice mode. Read more ›
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Alchemab Therapeutics, a London-based clinical-stage BioTech startup, has extended its Series A financing with €29.3 million (£25 million/$34 million). This marks the British Business Bank’s largest investment in a life sciences company to date. This additional funding brings Alchemab’s total Series A investment to date to €127.8 million (£109 million). The company plans to use ... Read more ›
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Pixel-Flo, a University of Sheffield spin-out developingmanufacturing technology for MicroLED displays, has raised £5.25 million inseed funding. The round was led by Northern Gritstone, with participa... Read more ›
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OpenAI has proposed handing the US government a 5% equity stake in the company, according to the Financial Times, as the White House and Silicon Valley’s best-funded startup edge closer to a deal that has been under discussion for more than a year. At OpenAI’s $852bn valuation, struck in its record-breaking March funding round, a […] This story continues at The Next Web Read more ›
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Ubisoft has hired Christoph Hartmann, until recently vice president of Amazon Games, to run the division that controls its Tom Clancy properties. He takes over as general manager of Creative House 2, the unit built around The Division, Ghost Recon and Splinter Cell, according to Ubisoft’s own statement. The appointment lands at a delicate moment for […] This story continues at The Next Web Read more ›
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Google has exceeded a five-year pledge to invest $1 billion in Africa, the company said on Wednesday at the first Africa Cloud Summit in Johannesburg, alongside a batch of new infrastructure and AI initiatives. The announcement builds on Google’s 2025 launch of a cloud region in Johannesburg, extending a bet on African digital infrastructure that […] This story continues at The Next Web Read more ›
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Samsung Group has put a number on its next decade of domestic manufacturing: 140 trillion won, or roughly $90 billion, spread across displays, memory chips, batteries and chip-packaging materials in South Korea’s central Chungcheong provinces. Samsung Display chief executive Yi Chung laid out the breakdown on Thursday at an event in Asan hosted by President […] This story continues at The Next Web Read more ›
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SK Hynix will spend 80 trillion won, or roughly $51.46 billion, building a new NAND flash memory factory in Cheongju, South Korea, with production targeted to begin in the first half of 2029. Chief executive Kwak Noh-jung announced the plan at an event attended by President Lee Jae Myung, folding the new fab, called M17, […] This story continues at The Next Web Read more ›
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A new report from the EU Institute for Security Studies (EUISS) and the French think tank Institut Montaigne warns that Europe’s semiconductor sector faces a bleak future, squeezed between Chinese export controls and a growing dependence on US technology. The study, published on Thursday, forms part of an 18-month, EU-funded project called the Chips Diplomacy […] This story continues at The Next Web Read more ›
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Apple is preparing a refreshed iPad Pro lineup and a redesigned entry-level MacBook Pro for release in the first half of 2027, according to Bloomberg. The iPad Pro update keeps its current 11-inch and 13-inch sizes but focuses on internal changes, and the MacBook Pro overhaul brings the entry-level 14-inch model, codenamed K104, in line […] This story continues at The Next Web Read more ›
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Hong Kong-listed shares of Chinese EV makers surged on Thursday after June delivery figures beat expectations. BYD gained around 9% and Xiaomi climbed about 5%. BYD posted 403,472 vehicle sales in June, up 5.46% from the same month last year. Deutsche Bank said BYD’s second-quarter sales volume rose 58% from the previous quarter to 1.1 […] This story continues at The Next Web Read more ›
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Taiwanese court has ordered the detention of two Super Micro employees as part of a widening investigation into whether AI servers built with Nvidia chips were illegally routed to China. The Keelung District Court detained the pair, identified in Taiwanese press as managers surnamed Wang and Lin, on the night of June 30 into July […] This story continues at The Next Web Read more ›
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SoftBank has gone back to lenders with a $10bn loan proposal secured against its OpenAI stake, and this time it is offering to personally guarantee the debt, according to Reuters, which cited people familiar with the discussions. The concession gives banks recourse to SoftBank itself if the pledged OpenAI shares fall short of covering the […] This story continues at The Next Web Read more ›
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09.07.2026 03:03
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