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The AI industry’s most consequential race is no longer about building the best model. It is about getting to public markets first. OpenAI appears to have taken the lead. The company is preparing to confidentially file a draft of its IPO prospectus as soon as this week, according to CNBC, with Goldman Sachs and Morgan […]
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Net assets of U.S.-listed spot ETFs have fallen to levels last seen just after Trump won the election in early November 2024. Read more ›
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BT declares its support for Anthropic’s Project Glasswing – uses Claude Mythos Preview AI model to protect networks against cyberattacks. Read more ›
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The Next Web
One billion is the number apps spend years chasing and most never reach. ChatGPT got there faster than anything before it. OpenAI’s app crossed 1 billion global monthly active users in May, roughly three years after launch, according to estimates from Sensor Tower, making it the quickest app in history to the milestone. The pace […] This story continues at The Next Web Read more ›
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A UK parliamentary committee has called Palantir’s role in the public sector an “unacceptable point of weakness” and urged the government to break its NHS contract with the American company. The Science, Innovation and Technology Committee singled out Palantir as the technology provider it found most concerning, arguing that the UK was at risk of […] This story continues at The Next Web Read more ›
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The London and Budapest startup runs its modernisation AI entirely on-premise, aimed at the banks and insurers whose core systems still run on COBOL and Oracle Forms. The most important software in a bank is often the software nobody fully understands any more. It runs the core processes, it has run them for decades, and […] This story continues at The Next Web Read more ›
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The Department of Government Efficiency is gone, quietly wound down after a year that produced more controversy than confirmed savings. Two of its former staffers have decided the idea was sound and the venue was wrong. On Tuesday they unveiled Special, a firm that intends to buy companies outright and cut their costs by running artificial […] This story continues at The Next Web Read more ›
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GitLab is cutting about 14% of its full-time workforce, roughly 350 people, and pulling out of 22 countries, based on their report for the first quarter of the fiscal year 2027, in which it grew revenue 23% and beat Wall Street’s expectations. The restructuring, the company said, is meant “to realign its operating structure to […] This story continues at The Next Web Read more ›
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Britain’s competition regulator has stopped consulting and started ordering. On Wednesday the Competition and Markets Authority imposed new conduct requirements on Google’s search services, the first concrete obligations to follow from its decision to designate the company as holding strategic market status. Among them is a provision with sharp implications for the AI era: publishers will […] This story continues at The Next Web Read more ›
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A cement kiln is one of the least forgiving machines in industry. It runs at fourteen hundred degrees, it cannot easily be stopped, and the software deciding its fuel mix and oxygen levels is often older than the engineers tending it. Gigaton wants to throw that software out and let an AI run the kiln […] This story continues at The Next Web Read more ›
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Megaport spent a decade as a company you used to connect to other people’s clouds. On Wednesday it announced a plan to become one. The Australian networking firm secured four new AI infrastructure contracts worth a combined A$458.9M (about $329M) and launched a fully underwritten entitlement offer to raise A$827.3M (about $594M), according to its filing. […] This story continues at The Next Web Read more ›
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The Cambridge clinic has regulatory approval to triage, treat and discharge patients without a human in the loop. Now it wants to do the same for hip, knee and pelvic-health conditions. The unusual thing about Flok Health is not that an AI runs a physiotherapy appointment. It is that the NHS has signed off on […] This story continues at The Next Web Read more ›
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Most quantum-computing startups ask the world to build them an entirely new industry: exotic materials, bespoke fabrication, supply chains that do not yet exist. Quobly is making a quieter bet. The Grenoble company thinks the path to a useful quantum machine runs through the silicon chip industry that already exists, and on Wednesday it raised […] This story continues at The Next Web Read more ›
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10.06.2026 01:26
Last update: 01:20 EDT.
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