Chinese electric vehicles face 125% cumulative tariffs, a proposed Senate ban, and fierce opposition from lawmakers and the US auto industry. But there is a growing possibility that Chinese EVs will be sold in the US within the next few years. The routes in are multiplying: through Canada, Mexico, and partnerships with the very automakers […] This story continues at The Next Web Read more ›
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London-based PhysicsX has raised $300 million in a Series C round led by Singaporean sovereign wealth fund Temasek, more than doubling its valuation to $2.4 billion, less than a year after its Series B priced the company at just under $1 billion. The round was oversubscribed. Alongside Temasek, which first invested in PhysicsX during its […] This story continues at The Next Web Read more ›
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In the 1990s, almost every US state sued the tobacco industry. The resulting settlements cost hundreds of billions of dollars and transformed how cigarettes were marketed, sold, and regulated. Senator Ed Markey said in March that Big Tech’s Big Tobacco moment has arrived. He was talking about social media. But the legal machinery he described is […] This story continues at The Next Web Read more ›
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Between commercial aircraft at 10km and conventional satellites at 500km lies a band of near-Earth space that has never been used commercially. Very low Earth orbit, or VLEO, sits at 200 to 300km, an altitude historically reserved for spy satellites and the International Space Station. Reading-based NewOrbit announced on Monday an oversubscribed $18.5 million Series A to […] This story continues at The Next Web Read more ›
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JPMorgan Chase is hiring Nomura Holdings’ international head of artificial intelligence strategy, according to Bloomberg, as the largest US bank by assets accelerates its recruitment of AI specialists. Singapore-based Tahir Zafar, who joined Nomura in late 2023 and was promoted to his current role in March 2025, is expected to start around July after completing […] This story continues at The Next Web Read more ›
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In May, Google’s Threat Intelligence Group confirmed the first known case of an AI system discovering and weaponising a zero-day exploit that was then deployed in the wild. A criminal actor used a frontier model to find a two-factor authentication bypass, build a working exploit, and use it before any defender knew the vulnerability existed. That […] This story continues at The Next Web Read more ›
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Moonshot AI, the Beijing-based developer of the Kimi chatbot, is seeking as much as $2 billion in a new funding round that would value the company at $30 billion, Bloomberg reported on Sunday. If the round closes at that target, it would mark a seven-fold increase in capitalisation since December, when the startup was valued at just […] This story continues at The Next Web Read more ›
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The AI boom that has made Samsung and SK Hynix trillion-dollar companies and sent the Kospi up roughly 80% is doing something unusual to South Korea’s bond market: destroying it. Korean government bonds have lost 7.5% in 2026 in local-currency terms, the worst performance among 44 sovereign markets tracked by Bloomberg. The benchmark three-year yield has climbed […] This story continues at The Next Web Read more ›
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Mexico’s government-backed electric vehicle project Olinia has unveiled its first prototype, a six-seat passenger vehicle called the Olinia Uno, at a ceremony where President Claudia Sheinbaum drove the car onto a stage inside a Mexican Air Force hangar north of Mexico City. The vehicle is priced at 150,000 pesos, roughly $8,600, and is designed for […] This story continues at The Next Web Read more ›
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Nvidia and SK Hynix have signed a multi-year agreement covering both the design and manufacture of next-generation memory chips for AI. The deal, announced on Sunday during Nvidia CEO Jensen Huang’s tour of South Korea, gives SK Hynix a formal co-development role in the high-bandwidth memory that will power Nvidia’s most advanced accelerators, starting with the Vera […] This story continues at The Next Web Read more ›
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Spotify has approached concert promoters about licensing the rights to stream live video from music festivals, according to Bloomberg, as the Swedish streaming company pushes to become a broader hub for the live music economy. The company has already started adding footage from live events, including a Dua Lipa show in Mexico City. The live […] This story continues at The Next Web Read more ›
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China wants its electric vehicles to go on a diet. The average passenger car in the country weighed 1,704 kg in 2024, roughly a third more than in 2012, state broadcaster CCTV reported on Sunday. Many popular SUVs and MPVs now approach or exceed 2 metres in width, squeezing into parking spaces designed a decade […] This story continues at The Next Web Read more ›
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The UK government will offer to buy AI chips directly from British technology companies in a bid to keep them in the country. Technology Secretary Liz Kendall will outline plans for “strategic purchases” of semiconductor equipment from UK-based firms at London Tech Week this week, the Telegraph reported. The initiative includes access to taxpayer-backed funding […] This story continues at The Next Web Read more ›
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A San Francisco Airbnb host is suing The Bot Company, the $2 billion robotics startup founded by ex-Cruise CEO Kyle Vogt, for allegedly using his home as a secret robot testing lab. Sean Donovan claims workers booked his Portola neighbourhood property under false pretences in April, posing as remote workers from Thailand. He is seeking […] This story continues at The Next Web Read more ›
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President Trump signed a national security presidential memorandum on Friday ordering the US military and intelligence agencies to accelerate their adoption of cutting-edge AI. The directive, NSPM-11, establishes a framework for “rapid onboarding of the most advanced AI models from multiple vendors.” It also bars any company from disabling, degrading, or modifying an AI system […] This story continues at The Next Web Read more ›
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OpenAI has begun rolling out Lockdown Mode to ChatGPT, a new security setting designed to block attackers from stealing data through prompt injection attacks. The feature disables live web browsing, agent mode, deep research, image retrieval, Canvas networking, and file downloads. It is available to logged-in users across Free, Go, Plus, Pro, and self-serve ChatGPT […] This story continues at The Next Web Read more ›
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The 2026 World Cup kicks off next week across 16 cities in the US, Mexico, and Canada. It is the largest in history: 48 teams, 104 matches, 39 days. It is also the most technologically surveilled sporting event ever staged, with robot dogs, net-shooting hunter drones, and thousands of AI-powered cameras deployed across venues and […] This story continues at The Next Web Read more ›
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Sriram Krishnan, the White House’s senior policy adviser on artificial intelligence, is stepping down. The former Andreessen Horowitz partner was tapped by President Donald Trump to help shape the administration’s AI strategy during his second term. He will leave at the end of June, according to the Washington Post. Krishnan played a central role in […] This story continues at The Next Web Read more ›
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Audi has revealed the Nuvolari, the fastest and most powerful production vehicle in its history. The hybrid supercar produces 1,001 PS (736 kW) from a 4.0-litre V8 biturbo paired with three axial flux electric motors. Only 499 will be built, starting at €600,000. The V8 alone delivers 800 PS and revs to 10,000 rpm, territory […] This story continues at The Next Web Read more ›
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Chinese electric vehicles face 125% cumulative tariffs, a proposed Senate ban, and fierce opposition from lawmakers and the US auto industry. But there is a growing possibility that Chinese EVs will be sold in the US within the next few years. The routes in are multiplying: through Canada, Mexico, and partnerships with the very automakers […] This story continues at The Next Web Read more ›
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Bank of England Governor Andrew Bailey warned on Friday that artificial intelligence may need to be rationed because the power supply cannot keep up with its capabilities. He said companies and governments face “very big social choices” as energy constraints force trade-offs between sectors. The question is not whether AI can do more, but whether […] This story continues at The Next Web Read more ›
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13.06.2026 10:05
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