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OpenAI burned through $3.7bn in the first three months of 2026, more than half its revenue of $5.7bn over the same period, according to The Information, which cited documents the company shared with shareholders. Both numbers tripled from a year earlier, a symmetry that captures the company’s peculiar position: growing faster than almost any business […]
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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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Fintech group Revolut is set to expand its Middle Eastern operations with the final approvals secured from regulatory authorities in the United Arab Emirates. Revolut received an in-principle approval from the central bank of the UAE back in September 2025 and has now announced it has officially secured its Stored Value Facilities (SVF) licence and ... Read more ›
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With the Three Lions amongst the tournament favourites, here's how to watch England at World Cup 2026, including FREE streams, fixtures and team news. Read more ›
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When I first moved to New York in my mid-20s for a new job, I arrived as a lone wolf. I didn’t have any friends or family members living in the city, just a few phone numbers (my older sister’s friends) to contact in the case of an emergency. So I immediately started to work […] Read more ›
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The design of a product plays a decisive role in consumer purchases across the European Union, according to new findings from the European Union Intellectual Property Office (EUIPO). However, as design becomes an increasingly important factor in consumer decisions, European creators and businesses also face growing risks from counterfeiting. The results of a new EU-wide […] Read more ›
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The European Commission has declined (PDF) to propose a law requiring publishers to keep discontinued video games playable, despite the Stop Killing Games initiative collecting nearly 1.3 million verified signatures. Instead, it plans to develop a voluntary industry code covering end-of-life transparency and preservation. Dextero reports: The Commission's full communication said a legal obligation to keep games playable, as requested by the initiative, "would not be proportionate." It cited concerns... Read more ›
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The headline writes itself and, predictably, wrote itself badly in most places it appeared. A study published in Scientific Reports in January 2026 compared the performance of several large language models, including GPT-4, Claude, and Gemini, against more than 100,000 human participants on a standard test of divergent thinking. Some AI models scored above the ... Read more Read more ›
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For the millionth time, the Smith family is under attack this week. But when is Rick and Morty season 9 episode 5 coming to a streaming platform near you? Read more ›
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Merch for Netflix's Oscar-winning animated sensation is still coming in hot, as is evidenced by this adorable release. Read more ›
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The US government is seeking dismissal of a lawsuit from the NAACP, arguing that the Colossus 2 data center is crucial for national security. The data center runs the Grok Gov AI model, and the government claims a shutdown "directly threatens ongoing national security interests." Read more ›
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Agentic AI can improve security operations, but only with strong oversight and real context. Read more ›
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The new Focal Diva Alta Utopia may look like Daleks who missed their call time for a Doctor Who shoot, but there's a whole lot of hi-fi going on under the hood. Read more ›
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"How you use AI, not how often, will determine its impact," Vivienne Ming, a theoretical neuroscientist and AI researcher told Business Insider. Read more ›
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Apple's latest Beats Studio Buds firmware update fixes a Bluetooth microphone flaw tied to pairing mode, giving owners a practical reason to check whether version 1B211 has reached their earbuds. Read more ›
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A Ukrainian official says drone tech that is aging out of his country's fast-moving fight could still help partners preparing for similar attacks. Read more ›
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Soource, a Bolzano-based startup offering procurement solutions focused on sourcing and supplier selection, has announced the close of a €3 million Seed funding round to consolidate its position in Italy’s procurement intelligence market and support its European expansion. The round was led by Vertis through the “Vertis Venture 5 Scaleup” fund and included participation from ... Read more ›
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SK Hynix is preparing to list in the United States in a deal that could raise as much as $14bn as soon as August, according to people familiar with the plan. The Korean memory maker has made a confidential filing for American depositary receipts, and the US Securities and Exchange Commission is expected to review […] This story continues at The Next Web Read more ›
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TensorWave, a cloud provider that runs its AI data centres on AMD chips rather than Nvidia’s, has raised $350M in a Series B round led by AMD and the hedge fund Magnetar Capital. The deal values the Las Vegas startup at $1.55bn. That is nearly four times the roughly $400M valuation it carried a year […] This story continues at The Next Web Read more ›
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Meta has agreed to lease a 168-megawatt, AI-ready data centre in India from Mukesh Ambani’s Reliance Industries, its first such facility in the country. Reliance will build the site in Jamnagar, Gujarat, and Meta will lease it with an option to scale, the companies said on Tuesday. “This world-class facility in Jamnagar will help us […] This story continues at The Next Web Read more ›
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Rivvun AI, a Seattle-based startup founded by former senior executives at contract management platform Icertis, has raised $7.55 million in an oversubscribed seed round co-led by Sitara Capital and 3one4 Capital. The company is building what it calls an autonomous AI execution layer that sits between enterprise systems and recovers money lost in the gap […] This story continues at The Next Web Read more ›
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The European Central Bank quietly moved to rein in Revolut last year, restricting Europe’s most valuable fintech from launching new products across the European Economic Area over concerns about how fast it approved them, the Financial Times reported on Wednesday. The intervention had not been disclosed before. The ECB paused Revolut’s European arm from releasing […] This story continues at The Next Web Read more ›
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Capsa AI, a London and New York startup building what it calls an “AI operating system” for private capital, has raised $18M in Series A funding. The round was co-led by TX Ventures and Pivot Investment Partners, with participation from Bek Ventures, and takes the company’s total raised to $20M. Every existing institutional backer reinvested, […] This story continues at The Next Web Read more ›
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Aryon Security, an Israeli cloud-security startup, has raised $29M in a Series A round to push a prevention-first approach to securing the cloud. The round, which the company says brings its total funding to $38M, was led by US-based Brightmind Partners. The investor list is the headline. Shlomo Kramer’s Skinos Ventures, Datadog, Blumberg Capital, and […] This story continues at The Next Web Read more ›
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Poetic, an AI startup that has been operating in stealth, has emerged with $50M in funding and a $500M valuation to automate some of finance’s most sensitive back-office work, from insurance underwriting to compliance and fraud checks. Its backers include OpenAI, Peter Thiel’s Founders Fund, and Kleiner Perkins. The company was founded by Markie Wagner, […] This story continues at The Next Web Read more ›
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Snapchat is restricting how its youngest users share video. From this week, Snapchatters aged 13 to 15 will get a dedicated profile where their Stories and short-form Spotlight clips are visible only to mutually accepted friends, and will no longer be pushed to the wider public on Spotlight. Until now, under-16s could post to Spotlight, […] This story continues at The Next Web Read more ›
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A German court has ruled that Google is directly liable for false claims its AI Overviews make, treating the AI-written summaries as Google’s own speech rather than ordinary search results. It is one of the first rulings to test who is responsible when a generative-AI system gets it wrong, and the answer it gives is […] This story continues at The Next Web Read more ›
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17.06.2026 07:14
Last update: 07:06 EDT.
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