China’s humanoid gold rush just minted another contender. LimX Dynamics has raised $200m at a $2.21bn valuation. And its founder says the race to list has become do-or-die. A Shenzhen humanoid startup has become the latest name in China’s robot boom to command a giant valuation. On Tuesday, LimX Dynamics said it had closed a […] This story continues at The Next Web Read more ›
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Deutsche Bank, UniCredit, Revolut, Stripe and Adyen made the list. The 12-month trial starts in the second half of 2027, and the money it moves will not be legal tender. The European Central Bank published the list on Tuesday: 36 payment service providers, drawn from more than 50 applicants, will run the first pilot of […] This story continues at The Next Web Read more ›
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Kathy Hochul stopped the diggers on Tuesday. New York became the first US state to halt construction of large new data centres, imposing a one-year moratorium on anything drawing 50 megawatts or more, on the grounds that the buildings powering the AI boom are pushing up household bills, draining water, and landing hardest on the […] This story continues at The Next Web Read more ›
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One of the most decorated minds in AI is striking out alone. Richard Sutton shared the 2024 Turing Award for founding modern reinforcement learning. On Monday he said he is leaving John Carmack’s startup Keen Technologies to start a new one, Oak Lab. He announced it plainly on X. He praised Carmack and Keen, then […] This story continues at The Next Web Read more ›
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Tower Semiconductor said on Tuesday it will spend roughly $3bn expanding its 300mm operations in Japan, net of about $1bn in grants from the Japanese government, in a two-track build-out aimed squarely at the optical components that AI data centres are consuming faster than anyone can make them. The announcement, made with the backing of Japan’s […] This story continues at The Next Web Read more ›
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Ask most people what Huawei sells and you will get smartphones, or 5G, or a decade of geopolitical argument. Almost nobody says solar inverters. Yet Huawei Digital Power Technology, the division that makes them, along with battery storage systems and electric-vehicle charging kit, booked 68.7bn yuan of revenue in 2025, up 24.4% on the year […] This story continues at The Next Web Read more ›
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On Monday, OpenAI asked a federal judge in California to rule that xAI’s trade secrets lawsuit against it “should never have been filed,” and to make Elon Musk’s company cover more than $1m in legal expenses. The filing landed hours after xAI gave notice that it intends to appeal. The case has been dismissed twice; […] This story continues at The Next Web Read more ›
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Liang Wenfeng is now the wealthiest founder in artificial intelligence, according to the Bloomberg Billionaires Index, which revalued his stake in DeepSeek on 13 July and added roughly $19bn to his fortune overnight. His net worth is put at about $36bn, up from around $16.7bn, placing him above Anthropic co-founder Dario Amodei and OpenAI president […] This story continues at The Next Web Read more ›
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Ericsson booked SEK 52.7bn of revenue in the second quarter, down 6% from SEK 56.1bn a year earlier, as weaker patent licensing income and currency movements outweighed growth in a handful of regional markets. The Swedish equipment maker published the figures on Tuesday morning. Profit, however, went the other way. Adjusted operating profit came in at SEK […] This story continues at The Next Web Read more ›
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A Helsinki lab barely a year old, bankrolled by Nokia and the Finnish state, is now writing battlefield software with two defence ministries. The technology matters less than who controls it. On the last day of June, officials from Finland’s Ministry of Defence, the Estonian Defence Forces, and a Helsinki AI lab founded only last […] This story continues at The Next Web Read more ›
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Intel is spending €5bn, or about $5.7bn, upgrading its campus at Leixlip outside Dublin, the company said on Monday. The money is not for a new fab. It is for getting more out of the ones already standing. The plan is to upgrade existing fabrication facilities, install leading-edge equipment, and extend the automated track system so […] This story continues at The Next Web Read more ›
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Australia’s online safety regulator has told the largest technology companies in the world that the tools to stop sexual extortion already exist, and that they are not using them. In a transparency report published on Tuesday, eSafety said companies including Apple, Meta, and Google have “significant gaps” in how they detect and prevent child sexual exploitation […] This story continues at The Next Web Read more ›
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“Every year $5 trillion, or 800 trillion yen, you might think that’s a lie, but I am confident that’s what it will cost.” That was Masayoshi Son on Tuesday, at SoftBank’s annual corporate conference in Tokyo, telling the room what building artificial intelligence will require each year by 2040. Yet, he did not say how he […] This story continues at The Next Web Read more ›
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Coupang has won the first round of its fight with South Korea’s competition regulator. The Seoul High Court on Tuesday suspended the Fair Trade Commission’s decision to name founder Bom Kim as the e-commerce group’s controlling figure, freezing the disclosure obligations that came with it while the underlying lawsuit is heard. The court’s Administrative Division 7 granted […] This story continues at The Next Web Read more ›
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For the fifth quarter running, fewer phones left Chinese warehouses than a year earlier. Shipments fell 4.3% to 66 million units in the second quarter, according to figures published on Tuesday by IDC, as manufacturers raised prices to cover the rising cost of memory and other components. First-half shipments were down 4.2% on the same […] This story continues at The Next Web Read more ›
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The White House is preparing an event, expected within weeks, at which electric utilities, the companies that build and run data centres for Big Tech, and governors of the states hosting the biggest buildouts will be asked to promise that none of this will end up on household electricity bills. Three people familiar with the […] This story continues at The Next Web Read more ›
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The meeting was a technology all-hands, held on Monday, and the phrase the company used afterwards was “a small number of roles”. The number an employee who attended gave to Reuters was up to 500. Thomson Reuters, the Canadian content and technology group that owns Reuters News, is cutting engineering jobs globally as it pushes […] This story continues at The Next Web Read more ›
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Nvidia has more than halved the number of customers in Asia cleared to buy its artificial intelligence chips, according to the Financial Times, which cited three people with knowledge of the matter. The company has built a new white list of approved regional buyers and stepped up due diligence in Singapore, Malaysia, and Japan, the […] This story continues at The Next Web Read more ›
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An April email to bank technology chiefs, released under access-to-information rules, shows OSFI naming Anthropic’s frontier model as a reason the window for fixing flaws is closing. Regulators do not usually name products. They write about “emerging technologies” and “advanced capabilities” and leave the reader to work out which vendor they mean. So it is […] This story continues at The Next Web Read more ›
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The figure that seems to have finished the programme off is not a cost. It is a ratio: more than 100,000 companies in the American defence supply chain needing an independent cybersecurity audit, against roughly 100 accredited assessors licensed to carry one out. “So the math just simply doesn’t math,” Kirsten Davies, the Pentagon’s chief […] This story continues at The Next Web Read more ›
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21.07.2026 10:39
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