GitLab is cutting jobs to invest in AI agents. The company announced on Monday that it will flatten management layers, reorganise its research and development teams into roughly 60 smaller autonomous units, reduce its country footprint by approximately 30 per cent, and use AI agents to automate internal reviews, approvals, and handoffs. CEO Bill […] This story continues at The Next Web Read more ›
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Wise began trading on Nasdaq on Monday under the ticker WSE. Shares opened at 15.96 dollars. The London-founded fintech, which went public on the London Stock Exchange in July 2021 via a direct listing that valued it at 11 billion dollars, has moved its primary listing to New York while keeping a secondary listing […] This story continues at The Next Web Read more ›
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ZoomInfo beat its first-quarter earnings estimates, cut its full-year revenue guidance by 62 million dollars, announced a restructuring that will eliminate 600 jobs, and lost 29 per cent of its stock price in a single trading session. The company reported 310.2 million dollars in revenue, up 1.5 per cent year over year. Adjusted earnings […] This story continues at The Next Web Read more ›
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I went into this research convinced I already knew the answer. After more than a decade in People Analytics, the last few years at Meta, I had a working theory about why tech employees leave their jobs within the first year. Two things, I believed, were doing most of the damage: whether someone was getting […] This story continues at The Next Web Read more ›
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The era of greenwashing may be coming to an end, at least in the construction sector where manufacturers are embracing a low cost tool to support data-driven transparency about their environmental impacts. “We’ve seen that manufacturers are increasingly keen to ditch vague eco slogans and self-declared green certificates, which were never really very effective,” says […] This story continues at The Next Web Read more ›
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The complaint, filed on behalf of California residents, alleges Meta earns up to $7bn a year from “high-risk” scam ads and tolerated the practice. The county wants restitution, civil damages, and an injunction. Santa Clara County has sued Meta Platforms in California state court, alleging the company profits from scam advertising on Facebook and Instagram […] This story continues at The Next Web Read more ›
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Novo will take an equity stake in Cellular Intelligence and is in line for future milestone payments and royalties. The startup plans to apply its AI platform to STEM-PD, a stem-cell-derived treatment Novo discontinued last October. Novo Nordisk has handed over STEM-PD, an experimental stem-cell therapy for Parkinson’s disease, to Cellular Intelligence, an AI biotech […] This story continues at The Next Web Read more ›
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The two-week trial opened Monday. Shein’s complaint covers around 2,300 product images; Temu has abandoned its defence of those images and is countering with anti-competition claims. Shein accused Temu of copyright infringement “on an industrial scale” as a two-week trial opened at London’s High Court on Monday. Shein’s barrister, Benet Brandreth, told the court Temu […] This story continues at The Next Web Read more ›
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Mizuho, Bank of America, and Morgan Stanley have the mandate. Pricing is expected this month. The trade follows Alphabet’s record CHF, sterling and euro issuances in February and last week’s $17bn euro-Canadian-dollar combination, all targeted at the $180-190bn capex programme. Alphabet plans to sell yen-denominated bonds for the first time, the company disclosed in a […] This story continues at The Next Web Read more ›
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OpenAI has set up a new venture called OpenAI Deployment Company, with more than $4bn in initial funding from a syndicate of 19 firms led by TPG and including Advent International, Bain Capital and Brookfield as co-lead founding partners, the company said on Monday. The new entity, which will be majority-owned and controlled by OpenAI, […] This story continues at The Next Web Read more ›
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The geothermal developer increased its share count by 26% and its top-of-range price by about 8% in an SEC filing on Monday. The revision points to the demand for clean baseload power that AI data-centre buyers have been ready to pay for. Fervo Energy raised its IPO target on Monday to as much as $1.82bn, […] This story continues at The Next Web Read more ›
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Tyler Cadwell runs a small Arizona business called Everything Etched. He sells custom-engraved glassware on Etsy and Shopify. When he wants to brainstorm or build something new, he drives his Ford Bronco out into the canyons around Flagstaff and Tucson with a Mac mini in the passenger seat. The desktop is wired to a portable […] This story continues at The Next Web Read more ›
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At about ten in the morning on Wednesday, in the courtyard of Daeungjeon Hall at Jogyesa, a 130-centimetre humanoid in brown robes pressed its palms together and bowed. A monk asked the figure whether it would devote itself to the holy Buddha. The reply, in a recorded voice supplied by a temple manager, was “Yes, […] This story continues at The Next Web Read more ›
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New AutoMotive’s data tracker, reported by Reuters on Sunday, marks the threshold and puts the question to industrial policy: how much of the headline number will end up producing cells at scale, given that roughly 600 GWh of announced European battery capacity has already been delayed or cancelled. Europe has now invested cumulatively €200bn into […] This story continues at The Next Web Read more ›
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BNP Paribas, Deutsche Bank and JPMorgan have the mandate. Maturities run from three years to 25 years. The trade follows Alphabet’s record Swiss issuance in February and Amazon’s $37bn dollar deal in March, and is the latest demonstration that hyperscalers are now multi-currency borrowers. Amazon is preparing its first-ever Swiss franc bond issuance, Bloomberg reported […] This story continues at The Next Web Read more ›
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Innovation Industries leads the Series A. imec.xpand, Invest-NL Deep Tech Fund, QBIC, HTGF, and BOM return. Total funding now stands at €55m. The money funds in-house chip design and a push toward volume sensors built on the company’s NCOS color-splitting technology. Eindhoven-based eyeo has raised €40m in Series A funding to commercialise a sensor technology […] This story continues at The Next Web Read more ›
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NVIDIA’s CEO delivered the keynote at CMU’s 128th commencement on Sunday and received an honorary doctorate. The address framed AI as a reindustrialisation moment for the US, and pressed both engineers and policymakers to advance capability and safety in step. NVIDIA founder and CEO Jensen Huang delivered the keynote address at Carnegie Mellon University’s 128th […] This story continues at The Next Web Read more ›
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Bek Ventures, Laton Ventures, and angel investor Mert Gür are back. Total funding for the two-year-old studio reaches $103m. The round arrives weeks after Scopely’s $1bn buyout of Loom Games and CVC’s $5bn deal for Dream Games. Grand Games Oyun ve Yazılım, the Istanbul-based mobile gaming studio behind Magic Sort and Car Match, has raised […] This story continues at The Next Web Read more ›
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Europe is pouring billions into AI development and infrastructure. GPU (graphics processing units) access is expanding rapidly through cloud platforms and GPU-as-a-service (GPUaaS) providers, becoming a key enabler of AI development and deployment. The underlying assumption is straightforward: scale compute, and you scale capability. Yet, despite the efforts made by EU Member States, from sovereign […] This story continues at The Next Web Read more ›
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A speaker panel, food, and a room full of people who actually want to connect. The gathering takes place on 3 June at Flexas.com in the heart of the city. There is a particular kind of exhaustion that comes from attending the wrong networking event. You know the type: a cavernous venue, a cash bar, […] This story continues at The Next Web Read more ›
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26.07.2026 08:07
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