Merantix Capital has closed a €103m fund to invest in early-stage, AI-native teams across Europe, the Berlin firm announced on 4 June. The fund is more than three times the size of its first vehicle, which co-founders Rasmus Rothe and Adrian Locher raised at roughly €30m, and it widens the firm’s remit from companies built […] This story continues at The Next Web Read more ›
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The strategy is defined by a single exclusion. Speaking at the Bloomberg Tech conference on Wednesday, Cerebras chief executive Andrew Feldman said the AI chipmaker is working with every major hardware maker in the industry apart from one: NVIDIA. The line was not a complaint. It was the pitch. Feldman’s argument is that the buyers […] This story continues at The Next Web Read more ›
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A reinvestment zone is the unglamorous first step, the procedural gate that has to open before any of the larger numbers attached to a project can flow. On 3 June, the commissioners of Grimes County, Texas, opened it, voting 4-1 to designate a reinvestment zone for SpaceX’s proposed Terafab semiconductor plant. The vote is the […] This story continues at The Next Web Read more ›
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The discipline was the whole identity. For more than twenty years Benchmark kept its funds around $425m and backed only young companies, taking a roughly 20% stake in each and trusting that selectivity, not scale, would produce the returns. That model has now bent. The firm has closed $2bn across two new funds, according to […] This story continues at The Next Web Read more ›
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Uber said “multi-hundred-million” and meant something closer to half a billion. The ride-hailing company’s commitment to self-driving start-up Nuro is near $500m, according to sources directly aware of the matter, a figure that reframes a partnership Uber had described in vaguer terms and reveals a follow-on investment significantly larger than its first. The new detail […] This story continues at The Next Web Read more ›
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Sam Altman spent the week in Washington making a careful distinction. He is asking lawmakers to spend more money testing artificial intelligence, and asking them not to require AI companies to win government approval before releasing a model. The first is a request for resources. The second is a request for a particular kind of […] This story continues at The Next Web Read more ›
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The case turns on a question of authorship. When a user types a prompt and Grok returns a sexualised image of a real woman, who made it, the person at the keyboard or the company that built the machine? On 3 June, Labour MP Jess Asato filed a claim at the High Court in England […] This story continues at The Next Web Read more ›
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Meta has reached for a bigger weapon. The company accused the Australian government of breaching the US-Australia free trade agreement with its proposed News Bargaining Incentive, and pointed Washington towards the “trade action” it has taken against other countries that taxed American technology firms. The dispute over paying for news, now in its fifth year, […] 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 most consequential line in Intel’s Computex announcement was not about a chip. It was about a ratio. As AI workloads move from training to inference, the company argued, the long-standing arrangement of four GPUs to every CPU collapses towards something closer to one to one, and the processor Intel actually sells well moves back […] This story continues at The Next Web Read more ›
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The Swedish app-builder, processing a million new projects a week, is making Google Cloud a primary partner, with Gemini models and a security layer aimed at corporate buyers. The pitch behind Lovable has always been that anyone can build software by chatting with an AI. The harder pitch, the one that turns a viral tool […] This story continues at The Next Web Read more ›
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For months the fight in India’s App Store antitrust case was not really about app stores. It was about a spreadsheet. The Competition Commission of India wanted Apple’s financial records; Apple did not want to give them up, least of all the global ones. On 3 June, Apple agreed to submit the financials, removing the […] This story continues at The Next Web Read more ›
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The General Court annulled the Commission’s designation of Marketplace under the Digital Markets Act, faulting its reasoning, while upholding the same label for Messenger. Meta walked into the EU’s General Court asking it to strike down two gatekeeper labels and walked out having shed one. On 3 June the Luxembourg court annulled the European Commission’s […] This story continues at The Next Web Read more ›
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Companies going public almost always leave the price for last. They set a range, send executives on a roadshow, take the temperature of the institutions, and let demand decide where the shares land. SpaceX has decided to do it backwards. The company plans to fix its IPO price at $135 a share before the roadshow […] This story continues at The Next Web Read more ›
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General Catalyst has decided it wants exposure to Factorial in two ways at once. The Barcelona software company has closed a $150M Series D led by the firm at a $2.5bn valuation, and General Catalyst is committing a further $540M through a separate vehicle that ties its return to the value Factorial creates for customers […] This story continues at The Next Web Read more ›
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Science can already tell you what a molecule is and what it looks like. What it has never been able to tell you, cheaply and at scale, is how the thing behaves once it meets the messy conditions of the real world. That gap is where drugs quietly fail in trials, where food products miss […] This story continues at The Next Web Read more ›
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The appetite was the story. Applied Aerospace & Defense priced its initial public offering on Tuesday at $20 a share, raising $650M, and by the time the book closed the deal was said to be about ten times oversubscribed. A company that makes fuselage sections and solid rocket motor cases does not usually inspire that […] This story continues at The Next Web Read more ›
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DeepSeek has spent eighteen months as the most talked-about AI lab that almost nobody could invest in. That is about to change. The Chinese startup is slated to raise roughly 50 billion yuan, about $7bn, in its first external funding round, according to people familiar with the matter, in a deal that would value it […] 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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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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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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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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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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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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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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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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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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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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President Trump signed an executive order on Tuesday establishing a voluntary framework for government review of frontier AI models before public release, ending weeks of internal White House conflict over how aggressively to regulate the technology. The order, titled “Promoting Advanced Artificial Intelligence Innovation and Security,” was signed privately without the usual livestream or public ceremony, a […] This story continues at The Next Web Read more ›
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Polish Prime Minister Donald Tusk has announced that Poland will introduce a “sovereignty test” for significant government purchases of technology solutions, warning that the country’s dependency on foreign digital infrastructure has reached a scale that demands a policy response. Speaking at the European Financial Congress in Sopot on Tuesday, Tusk said Poland will also publish […] This story continues at The Next Web Read more ›
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04.06.2026 06:50
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