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Three companies are preparing to enter public markets this year with a combined valuation that could exceed $3 trillion. SpaceX is set to list as early as 12 June at a $1.77 trillion valuation, selling 555.6 million shares at a fixed price of $135 each in what will be the largest IPO in history. Anthropic has filed at […]
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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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Microsoft CEO Satya Nadella on Thursday rebuked an internal memo that another company executive had written advocating to “make people addicted” to its new AI agent product called Scout. “This is absolutely a non goal! If anything we are doing the exact opposite. We want to make sure AI empowers ... Read more ›
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It's no secret that jet engines are very different to automotive engines. How high does a modern jet engine actually rev? Is it close to a car? Read more ›
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Paying users will have tools for reaching either wider or more-specific audiences. Read more ›
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New $500-million fund will take equity stakes in promising Canadian AI firms. Read more ›
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Meta was previously reported to be exploring facial recognition for its smart glasses. Read more ›
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Michael McCready, who has attended four World Cups, says soaring ticket and travel costs could make this year's tournament less accessible for fans. Read more ›
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US-based early stage investment firm Friale yesterday sold 1.13 Cr shares of fintech major Groww in a block deal worth… Read more ›
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SpaceX has submitted proposals to build the first phase of its chipmaking moonshot, which will cost at least $55 billion, in Grimes County, Texas. Read more ›
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Apple may be working on a black Vision Pro headset. Images purportedly depicting it have been outed (see below), but it's unclear if this will actually be launched as an alternative to the white version that's been out for a while now, or if perhaps this was just a prototype that the company has scratched during the development process. Apple vison pro black color did you like? pic.twitter.com/J9JIYhbWmq— pipfix (@LusiRoy8)... Read more ›
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Seemingly unassuming meteorites hold invaluable information about the solar system's earliest stages. Read more ›
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Anthropic co-founder and CEO Dario Amodei said it was coming, but it still feels like a milestone: More than 80% of the code merged into Anthropic’s production codebase in May wasn't authored by humans, but by its own AI model, Claude, according to a new report shared by the record-breaking AI startup today.This transformation has triggered an 8x increase in the volume of code shipped per engineer per quarter compared... Read more ›
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Tickets for Christopher Nolan's latest epic are now on sale and, for us, the experience did not go well. Read more ›
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American models are simply too expensive – US firms are now turning to DeepSeek for cheaper costs and portability. Read more ›
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Find out how Google Gemini can adapt to your learning style with personalized analogies, simplified explanations, and daily quizzes to make any topic easier to understand. Read more ›
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Prime Minister says legislation around protecting children will come in the next few weeks. Read more ›
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A new attack technique affects HTTP/2 configurations of major web servers, but some have released patches already. Read more ›
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Blue Origin’s New Glenn rocket exploded during a static fire test at Cape Canaveral Space Force Station on Thursday night, sending a fireball into the sky and destroying the vehicle along with critical launch pad infrastructure. The explosion occurred at approximately 9pm EDT as engineers were counting down to a brief test firing of the […] This story continues at The Next Web Read more ›
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Asana has acquired Stack AI, a no-code platform for building AI agents that operate across enterprise systems like Salesforce, Slack, and Google Workspace. The deal, reported at $75 million, was announced on 28 May after market close, timed to coincide with Asana’s first-quarter earnings call. Stack AI founders Tony Rosinol and Bernard Aceituno will join Asana. […] This story continues at The Next Web Read more ›
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Nvidia has committed at least $6.5 billion to photonics companies since the beginning of March, making it the largest single investor in the technology that many in the industry believe will replace copper wiring as the backbone of AI data centres. The spending spree reflects a calculation that copper, the standard medium for moving data […] This story continues at The Next Web Read more ›
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Independent research by DutchBasecamp and Ogni, based on 150+ founder perspectives across Europe, will be revealed at an exclusive Amsterdam event co-hosted with CCIA Europe on June 30. Across Europe, startup and scale-up founders are increasingly warning that fragmented and overlapping digital regulation is slowing down innovation, delaying expansion, and making it harder tocompete globally. […] This story continues at The Next Web Read more ›
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SpaceX is targeting a valuation of at least $1.8 trillion in its initial public offering, down from the $2 trillion-plus it was aiming for as recently as April, according to Bloomberg. The target was adjusted after consultations with advisers and investors, and could still move higher depending on feedback during the formal marketing period, which is […] This story continues at The Next Web Read more ›
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Developers of agentic AI have been making some big claims. The promise has been of autonomous systems that can do everything, from booking our flights and keeping an eye on competitors in real time to handling entire procurement cycles , all without needing an actual human to hit “confirm.” And while the technology needed to […] This story continues at The Next Web Read more ›
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The way to read the latest Anthropic financing is to notice who is not borrowing the money. Apollo Global Management and Blackstone are arranging roughly $36 billion of debt, but the loan does not sit on Anthropic’s balance sheet. It buys chips, and the chips get leased back. The two firms are bringing additional investors […] This story continues at The Next Web Read more ›
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Leica makes cameras that cost more than most people’s cars and are bought, in large part, for the red dot on the front. So there is a certain logic to a brand built on scarcity and prestige now being courted by a buyer with a taste for both. HSG, the Asian investment firm formerly known […] This story continues at The Next Web Read more ›
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The world’s largest sovereign wealth fund does not often pick a fight with a company it owns. When it does, the size of the holder makes the gesture hard to ignore. Norges Bank Investment Management, which runs Norway’s $2.3 trillion oil fund, will vote in favour of shareholder proposals calling for a human-rights review at […] This story continues at The Next Web Read more ›
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Dell spent years being valued as a maker of laptops and storage boxes, a solid, unexciting business in a mature market. The AI build-out has rewritten that story in a single quarter. The company’s shares have climbed around 40% across the run into and out of its latest results, after record numbers and a raised […] This story continues at The Next Web Read more ›
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04.06.2026 17:03
Last update: 16:55 EDT.
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