In short: Oracle closed a $16.3 billion financing for a single data centre campus in Saline Township, Michigan, the largest single-facility technology debt package ever assembled. PIMCO anchored roughly $10 billion of the bond tranche because US banks retreated from the deal, citing doubts about AI infrastructure demand sustainability. The financing is part of $72 […] This story continues at The Next Web Read more ›
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Summary: Porsche unveiled the Cayenne Coupe Electric at Auto China in Beijing, a 1,139 hp electric SUV that does 0-60 in 2.4 seconds with up to 669 km WLTP range and 16-minute fast charging, starting at $113,800. It launches during the worst financial year in Porsche’s history, a 93% operating profit decline, a first-ever quarterly […] This story continues at The Next Web Read more ›
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Summary: Stanford professor James Zou is reportedly raising approximately $100 million at a valuation targeting $1 billion for a startup called Human Intelligence that applies AI to research on the human body, according to Bloomberg. Zou’s research includes an FDA-cleared cardiac AI (EchoNet), a Nature-published Virtual Lab that designed novel nanobodies, and a Virtual Biotech […] This story continues at The Next Web Read more ›
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Summary: Meta signed a multibillion-dollar, multi-year deal to deploy tens of millions of Amazon’s Graviton5 ARM CPU cores in AWS data centres for agentic AI workloads. The chips are general-purpose processors, not AI accelerators, handling the CPU-intensive inference and orchestration tasks behind real-time reasoning and multi-step agents. The deal is one piece of a procurement […] This story continues at The Next Web Read more ›
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Summary: Meta and Microsoft announced workforce reductions on the same day, April 23, affecting up to 23,000 positions combined. Meta is cutting 8,000 jobs (10% of staff) and cancelling 6,000 open roles effective May 20, while Microsoft launched its first-ever voluntary retirement programme offering buyouts to up to 8,750 US employees whose age plus years […] This story continues at The Next Web Read more ›
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For years, the web intelligence industry has been a reliable support system for major data-powered developments across industries. As big data kept getting bigger, the infrastructure requirements to ensure sustained data flow became harder. In recent years, AI has been taking the biggest leaps forward. The story of how the web intelligence industry responded to […] This story continues at The Next Web Read more ›
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As artificial intelligence systems scale rapidly across enterprise environments, a critical gap is becoming harder to ignore: security is not evolving at the same pace as deployment. Organizations are integrating AI into production workflows, customer platforms, and decision-making systems, but many still lack robust frameworks to ensure those systems are secure, trustworthy, and resilient. This […] This story co Read more ›
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The gap between finishing a course and actually being useful on a team, Denis Brovarnyy has seen it from both sides. And in an era where AI is reshaping every technical role, that gap is getting more expensive to ignore. Companies are no longer experimenting with AI. They are implementing it. And they need people […] This story continues at The Next Web Read more ›
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Summary: Europe’s effort to protect children online has collided with its own privacy architecture. The ePrivacy derogation allowing voluntary CSAM scanning expired on April 3 after Parliament voted 311-228 to reject its extension, the EU’s new age verification app announced April 15 was hacked in under two minutes, and the CSA Regulation (“Chat Control”) remains […] This story continues at The Next Web Read more ›
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In short: X-Energy raised $1.02 billion in the largest nuclear IPO on record, pricing at $23 (21% above range) on the Nasdaq, with shares surging 31% on opening to imply a $12 billion market cap. The offering was 15x oversubscribed. The same company failed to close a $1 billion SPAC in 2023. The difference is […] This story continues at The Next Web Read more ›
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In short: The US government’s 9.9% stake in Intel, acquired for $8.9 billion last August by converting CHIPS Act grants and Secure Enclave funds into equity at $20.47/share, is now worth approximately $36 billion after Intel’s stock surged 20%+ on a massive Q1 earnings beat. The $26.5 billion unrealised gain is one of the most […] This story continues at The Next Web Read more ›
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Summary: SoftBank Corp. plans to convert part of the former Sharp LCD factory in Sakai, Osaka into one of Japan’s largest battery production lines for AI data centres, with production expected within five years (~2031). The move completes a vertical integration stack spanning chips (Arm, Graphcore, Ampere), modular data centre manufacturing (Lordstown), energy generation (SB […] This story continues at The Next Web Read more ›
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Summary: Google is investing up to $40 billion in Anthropic ($10B cash now at $350B valuation, $30B conditional on performance targets) plus five gigawatts of compute over five years, bringing its total commitment to ~$43B. The deal arrives as Anthropic’s revenue hit $30B ARR (up from $1B in January 2025) and its secondary market valuation […] This story continues at The Next Web Read more ›
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Erdŏgan has 15 days to sign the bill into law. The legislation enters into force six months after publication in the Official Gazette. The main opposition CHP criticised it as a political censorship tool rather than child protection. Turkey has previously blocked Instagram, Roblox, and restricted platforms during the İmamoglu protests. Turkey’s Grand National Assembly […] This story continues at The Next Web Read more ›
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Q1 revenue of $13.6 billion beat the $12.4 billion consensus by 9.4%. Data Centre and AI revenue rose 22% to $5.1 billion. Non-GAAP EPS of $0.29 beat the 1-cent consensus by a factor of 29. The stock is up more than 80% this year. Intel is working with Elon Musk on his planned Terafab chip […] This story continues at The Next Web Read more ›
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Two parallel moves in 24 hours mark a significant escalation of the US-China AI war from chips and exports into capital and models. China plans to restrict its leading technology companies, including top AI startups, from accepting US capital without first obtaining government approval, Bloomberg News reported on Friday, citing people familiar with the matter. […] This story continues at The Next Web Read more ›
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X-Energy sold 44.3 million Class A shares at $23 each, above the $16–$19 marketed range, and began trading on Nasdaq under the ticker XE on 24 April. The company has $1.8 billion in prior private capital, a $500 million Amazon-led Series C-1, and a binding commitment from Amazon to buy up to 5 gigawatts of […] This story continues at The Next Web Read more ›
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Cohere’s shareholders will receive approximately 90% of the combined entity; Aleph Alpha’s shareholders approximately 10%, making this effectively a Cohere acquisition in merger framing. The German government is set to become an anchor customer. Both digital ministers attended the Berlin announcement. Cohere, the Toronto-based enterprise AI company, and Aleph Alpha, the Heidelberg-based German AI startup, […] This story continues at The Next Web Read more ›
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The Hangzhou startup released preview versions of both models on Hugging Face on Friday. V4-Pro claims top performance on coding and maths among open models, trails only Gemini 3.1-Pro for world knowledge, and falls “marginally short” of GPT-5.4 and Gemini 3.1-Pro, a gap DeepSeek says is “approximately 3 to 6 months.” Both models are open-source. […] This story continues at The Next Web Read more ›
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The Helsinki-based company, formerly DataCrunch, is backed by Lifeline Ventures, byFounders, Tesi, Varma, and a group of Nordic lenders. It is already cash-flow positive, holds Nvidia Preferred Partner status, and plans to hire more than 100 people this year. Verda, the Helsinki-based AI cloud infrastructure company formerly known as DataCrunch, has raised $117 million in […] This story continues at The Next Web Read more ›
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26.07.2026 19:12
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