Schroders Capital and Teachers’ Venture Growth join as new investors. The transaction gives early investors and long-serving employees a route to liquidity. Vinted says it is ‘IPO-ready’ but has set no timetable. FY2024 revenue grew 36% to €813 million; net profit quadrupled. Vinted, the Lithuanian second-hand marketplace that has become one of Europe’s largest consumer-to-consumer […] This story continues at The Next Web Read more ›
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Overview’s satellites will collect sunlight continuously in geosynchronous orbit and beam it as near-infrared light to existing ground solar installations, which convert it to electricity. The approach extends solar farm output through the night without new land, new grid connections, or new infrastructure on the ground. Meta has signed an agreement with Overview Energy, a […] This story continues at The Next Web Read more ›
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Available from today in the US, UK, Australia, Germany, Austria, Canada, Mexico, Sweden, and Spain.Peloton bike workouts are not included, the classes cover strength, cardio, yoga, meditation, pilates, and outdoor runs, requiring no specialist equipment. Financial terms of the Peloton partnership are undisclosed. Spotify has launched a new fitness category within its app, making guided […] This story continues at The Next Web Read more ›
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A four-week federal case over OpenAI’s soul, a diary entry, $150 billion in claimed damages, and the question of whether a nonprofit can become the world’s most valuable AI company. The years-long legal battle between Elon Musk and Sam Altman over the future of OpenAI moved from social media to a federal courtroom in Oakland, […] This story continues at The Next Web Read more ›
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Demis Hassabis met South Korean President Lee Jae Myung at Cheong Wa Dae on Monday and signed an MOU with the Ministry of Science and ICT. The campus will be operational this year. Hassabis accepted a request to send at least 10 Google engineers from US headquarters. He presented Lee with a Go board signed […] This story continues at The Next Web Read more ›
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The world’s largest EV battery maker priced its Hong Kong listing at HK$263 in May 2025. Its shares touched HK$701 before the placement was announced. The deal builds on a week of shareholder activity: a Sinopec unit sold $770M of CATL stock at HK$708 on 22 April; a Shenzhen block trade of 58 million A-shares […] This story continues at The Next Web Read more ›
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The round is led by Headline, with new investors Bullhound Capital, Felix Capital, and Daphni. Valuation is undisclosed. Sereact’s vision language action models already run in BMW, Daimler Truck, and logistics customers. The $110M is more than four times the €25M Series A raised just 15 months ago. Sereact, the Stuttgart-based AI robotics software company, […] This story continues at The Next Web Read more ›
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The NDRC’s Office of the Working Mechanism for Foreign Investment Security Review issued a formal cancellation order on Monday, four months after the deal was announced. Manus co-founders Xiao Hong and Ji Yichao have been barred from leaving China since March. China’s National Development and Reform Commission has formally ordered Meta to unwind its $2 […] This story continues at The Next Web Read more ›
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The digital insurer, backed by General Atlantic, Canada Pension Plan Investment Board, and Accel, plans to file its DRHP confidentially with SEBI in H2 2026. In FY25 it grew revenue 35% to Rs 2,837 crore and cut net losses by 37%. It has raised over $583 million in total funding. Acko, the Bengaluru-based digital-first general […] This story continues at The Next Web Read more ›
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The round amount is undisclosed. Backers include Nordic Makers, Emblem, the Lovable company itself, the Sequoia Scout Fund, and the Andreessen Horowitz Scout Fund. Lovable CEO Anton Osika personally endorsed the team. Atech lets users describe a hardware concept in natural language and receive a working prototype. Atech, a Copenhagen-based AI hardware startup, has raised […] This story continues at The Next Web Read more ›
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Iran’s strike on SABIC’s Jubail petrochemical complex in early April halted production of the resin used to make PCB laminates. Goldman Sachs analysts say prices surged 40% in April alone. A South Korean supplier to Samsung and AMD says epoxy resin wait times have stretched from three weeks to fifteen. The Iran war that began […] This story continues at The Next Web Read more ›
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The promotional discount runs until 5 May 2026. Even at full price, V4-Pro already undercuts GPT-5.5, Claude Opus 4.7, and Gemini 3.1 Pro on per-token costs. The move is a direct challenge to the pricing strategy of US AI providers at a moment when the Trump administration has accused Chinese firms of distilling American AI […] This story continues at The Next Web Read more ›
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Sequoia Capital co-steward Alfred Lin personally purchased 200 Mac Minis, had each one custom-engraved with a design mixing old cartography and machine learning contour plots, and distributed them to attendees at Sequoia’s “AI at the Frontier” event. Each machine contained two easter eggs: Sequoia’s ethos statement about creative spirits and underdogs, and a quote generated […] This story continues at The Next Web Read more ›
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Foundation Future Industries, a San Francisco startup founded in April 2024, has secured $24 million in research contracts with the US Army, Navy, and Air Force to test humanoid robots designed to breach enemy positions. The company’s Phantom MK-1 is a 5-foot-9, 176-pound humanoid with 19 upper-body degrees of freedom, five-fingered hands, a camera-first vision […] This story continues at The Next Web Read more ›
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Jury selection begins Monday in Oakland federal court for the trial that will determine whether OpenAI’s conversion from a nonprofit to one of the most valuable companies in the world was a breach of charitable trust. Elon Musk, who co-founded OpenAI in 2015 and donated at least $38 million to it, is suing Sam Altman, […] This story continues at The Next Web Read more ›
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China’s Ministry of Commerce issued a formal condemnation on Saturday after the European Union included approximately 27 Chinese and Hong Kong entities in its 20th sanctions package against Russia, the largest round of listings in two years. Beijing said the move “runs counter to the spirit of the consensus reached between Chinese and EU leaders, […] This story continues at The Next Web Read more ›
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China’s most powerful governing bodies, the Chinese Communist Party Central Committee and the State Council, issued comprehensive labour rules for gig workers on Sunday, the first time the party’s highest authority has formalised protections for the more than 200 million people who deliver food, drive cars, and livestream products through online platforms. The mandate requires […] This story continues at The Next Web Read more ›
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Sam Altman published an open letter to the community of Tumbler Ridge, British Columbia, on Thursday, apologising for OpenAI’s failure to alert law enforcement after its own systems flagged a user who went on to carry out the deadliest school shooting in Canada in nearly four decades. “I am deeply sorry that we did not […] This story continues at The Next Web Read more ›
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China’s Ministry of Commerce warned on Friday that US legislation advancing through Congress would “severely disrupt the international economic and trade order and seriously undermine the stability of the global semiconductor industry chain and supply chain.” The legislation in question is the MATCH Act, the Multilateral Alignment of Technology Controls on Hardware, which passed the […] This story continues at The Next Web Read more ›
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The Shiller cyclically adjusted price-to-earnings ratio for the S&P 500 stands at approximately 38 to 40, depending on the day you check. In 155 years of recorded data, the CAPE has been higher exactly once: March 2000, when it reached 44.19, one month before the Nasdaq began a decline that would erase 78% of its […] This story continues at The Next Web Read more ›
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26.07.2026 18:46
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