Coinbase is cutting 14 per cent of its workforce, roughly 660 employees from a company of 4,700, two days before it reports the worst quarterly earnings in its history as a public company. CEO Brian Armstrong announced the layoffs on Tuesday in a letter to staff that mentioned the crypto market downturn in passing and […] This story continues at The Next Web Read more ›
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In 2018, four thousand Google employees signed a petition against Project Maven, a Pentagon contract that used the company’s AI to analyse drone surveillance footage. Google did not renew the contract. It published a set of AI principles pledging not to develop weapons or surveillance technology that violates international norms. It built an AI ethics […] This story continues at The Next Web Read more ›
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The Mythos crisis forced the United States government to confront a question it had been avoiding: what happens when an AI model is powerful enough to threaten national security and the government has no formal mechanism to evaluate it before the public gets access? On Tuesday, the Commerce Department announced that Google, Microsoft, and xAI […] This story continues at The Next Web Read more ›
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Two years ago, Nscale was a cryptocurrency mining operation. On Tuesday, the company announced €695 million ($812 million) in new infrastructure investment in Portugal, an expansion of its partnership with Microsoft that will deliver more than 66,000 Nvidia Rubin GPUs to a site with 1.2 gigawatts of permitted capacity. Nscale is now valued at $14.6 […] This story continues at The Next Web Read more ›
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The founders of IronSource spent a decade building tools that helped mobile app developers monetise their products through advertising. They sold that company to Unity for $4.4 billion in 2022, watched Unity dismantle the ad network they had built, left in 2024, and have now returned with a company whose premise is that the entire […] This story continues at The Next Web Read more ›
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On Monday, Fervo Energy formally launched its IPO roadshow, offering 55,555,555 shares of Class A common stock at an indicated range of $21 to $24 each. At the high end of the range, the geothermal-energy developer would raise as much as $1.33bn and become the largest climate-tech IPO of 2026 to date. The company has […] This story continues at The Next Web Read more ›
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ServiceNow has, in 2026, become one of the more carefully watched test cases for whether enterprise software companies can ride the AI wave or be displaced by it. On Monday, the company gave investors its strongest answer yet. Bloomberg reported that ServiceNow projected $30bn in subscription revenue by 2030, with chief financial officer Gina Mastantuono […] This story continues at The Next Web Read more ›
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Elon Musk’s public confidence about Tesla’s Full Self-Driving rollout in Europe is, on the available evidence, not shared by the European regulators who would actually have to approve it. Reuters published an exclusive analysis of regulator emails and records on Tuesday, showing that several EU national authorities have expressed sustained skepticism toward FSD’s claimed safety […] This story continues at The Next Web Read more ›
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Lip-Bu Tan’s leadership of Intel has, since the early months of his tenure, run on a single recognisable pattern: hire from rivals, restructure around the new hires, and rebuild the bench. On Monday Intel announced its latest such move. Alex Katouzian, a 25-year Qualcomm veteran most recently running its mobile, compute, and extended-reality businesses, joins […] This story continues at The Next Web Read more ›
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The financing scaffolding around AI infrastructure keeps growing. Bloomberg reported on Sunday that Meta Platforms is working with Morgan Stanley and JPMorgan Chase on a financing package of roughly $13bn for a single data centre in El Paso, Texas. If completed at the size discussed, it would be one of the largest single-site digital-infrastructure financings […] This story continues at The Next Web Read more ›
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Quantum computing has, for most of its commercial existence, been a category in which European labs do exceptional research and US and Asian companies do most of the venture funding. On Tuesday, the German trapped-ion quantum-computing scale-up eleQtron announced that it has closed a €57m Series A round, one of the largest of its kind […] This story continues at The Next Web Read more ›
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Open source is a hard place to fake traction. You either solve a real problem developers keep hitting, or you don’t, and the GitHub graph tells the truth either way. Firecrawl’s tells a clear story. The project has more than 100,000 GitHub stars, the largest open source repo in its category. More than a million […] This story continues at The Next Web Read more ›
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After four years of litigation, Elon Musk has agreed to pay a $1.5m civil penalty over his late 2022 Twitter stake disclosure. The harm to other shareholders, the SEC alleged, was $150m. Elon Musk has, after nearly four years of litigation, settled the Securities and Exchange Commission’s case against him over his late disclosure of […] This story continues at The Next Web Read more ›
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Bloomberg reports Apple is in early-stage discussions with Intel and Samsung about producing some of its M-series chips. The talks are exploratory; the signal is significant. Apple’s silicon strategy has, for nearly a decade, run on a single foundry relationship. Bloomberg reported on Tuesday that the company is now exploring early-stage discussions with Intel and […] This story continues at The Next Web Read more ›
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Three months after a $30bn multi-currency raise, Google’s parent is back. The euro tranches expand one of the most active corporate borrowing programmes of the AI cycle. Three months after raising more than $30bn in a multi-currency global debt issue, Alphabet is back at the bond market. Bloomberg reported on Tuesday that Google’s parent has […] This story continues at The Next Web Read more ›
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Pinterest reported its first billion-dollar quarter last week. Revenue hit $1.008 billion in the first three months of 2026, up 18 per cent year on year, with monthly active users reaching 631 million for the tenth consecutive quarter of double-digit user growth. The stock jumped on guidance that projects second-quarter revenue of $1.133 billion to […] This story continues at The Next Web Read more ›
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 Denmark generates more than 80 per cent of its electricity from renewable sources. Its wind farms, both onshore and offshore, have made the country a global model for clean energy transition. Its grid operator, Energinet, has spent decades building the infrastructure to support a decarbonised power system. In March, Energinet paused all new grid […] This story continues at The Next Web Read more ›
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Every major government now has an AI strategy. Most involve pilot programmes, task forces, and multi-year roadmaps that promise transformation without specifying a deadline. Dubai has taken a different approach. On Sunday, Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched an initiative to transition the emirate’s entire private sector toward agentic AI […] This story continues at The Next Web Read more ›
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Apple has spent more than a decade trying to get every gym, cinema, airline, and transit system on Earth to build native passes for its Wallet app. Most have not. The gym down your street still gives you a QR code in a standalone app. The cinema chain still emails you a PDF. The local […] This story continues at The Next Web Read more ›
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 Katie Haun has raised $1 billion for two new venture funds at Haun Ventures, split evenly between early and later-stage vehicles to be deployed over the next two to three years. The capital will go into crypto and blockchain companies, which have been the firm’s focus since Haun left Andreessen Horowitz in 2022 to […] This story continues at The Next Web Read more ›
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26.07.2026 12:50
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