The minority Labour government, led by PM Jonas Gahr Støre, announced the legislation on Friday. The age threshold has been raised from the 15-year limit proposed in the 2025 consultation, aligning Norway with Australia’s world-first ban that came into force in December. Ireland is also considering similar legislation. Norway’s minority Labour government announced on Friday […] This story continues at The Next Web Read more ›
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Summary: Meta is cutting approximately 8,000 employees (10% of its workforce) beginning 20 May, cancelling 6,000 open roles, and planning additional cuts for H2 2026. The layoffs, announced via an internal memo from HR head Janelle Gale, are structural rather than performance-based, reorganising teams into AI-focused “pods” while Meta spends $115-135 billion on AI infrastructure […] This story continues at The Next Web Read more ›
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Summary: US petrol prices passed $4/gallon for the first time in four years (+30% YoY), driven by the Iran conflict and Strait of Hormuz disruption. Tesla delivered 358,023 vehicles in Q1 2026, up 6% against a weak comparison quarter but missing estimates by 7,600 units. Consumer EV interest is rising (Edmunds: 23.8% consideration) but overall […] This story continues at The Next Web Read more ›
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Summary: SoftBank is seeking a $10 billion margin loan backed by its OpenAI shares at SOFR + 425 basis points (~7.88%), a two-year term with one-year extension. The loan sits atop a $40 billion bridge loan from March and brings SoftBank’s total OpenAI commitment to ~$64.6 billion for a ~13% stake. At OpenAI’s $852 billion […] This story continues at The Next Web Read more ›
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The McLean, Virginia startup’s Caspian platform sits as a command layer above existing security stacks, deploying pre-trained AI agents into air-gapped and compliance-restricted environments. One of its co-founders is Nick Pompeo, son of former US Secretary of State Mike Pompeo. Rilian, a McLean, Virginia-based startup building agentic AI systems integration for defence and national security […] This story continues at The Next Web Read more ›
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Summary: The White House OSTP released a policy memo accusing China of “industrial-scale” distillation of US AI models, committing to share intelligence with US AI companies and explore accountability measures. OpenAI accused DeepSeek of distilling its models in February; Anthropic named DeepSeek, MiniMax, and Moonshot AI as having created 24,000 fraudulent accounts generating 16+ million […] This story continues at The Next Web Read more ›
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The oversubscribed financing, led by Triatomic Capital, caps a restructuring that addressed $18.7 million in debt, converted $10 million of that to equity, and preserved 60-plus patents. The company had been days away from liquidation in late 2024. Zapata Quantum announced on 23 April 2026 that it has completed an oversubscribed $15 million financing led […] This story continues at The Next Web Read more ›
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Summary: Microsoft is offering voluntary retirement to approximately 7% of its US workforce (~8,750 of 125,000 employees) in the first such programme in its 51-year history, using a “Rule of 70” formula (age + years of service). The offer, disclosed by CPO Amy Coleman, targets senior director level and below, with details arriving 7 May […] This story continues at The Next Web Read more ›
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The model, codenamed “Spud,” is designed to complete complex multi-step tasks with minimal human direction. It sets new benchmarks in agentic coding, computer use, and knowledge work, while matching GPT-5.4’s per-token latency. API access is delayed pending additional safety work. For months, the AI industry’s open secret has been that Anthropic’s Claude is winning the […] This story continues at The Next Web Read more ›
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Claim Clarity suggests that workers’ compensation represents a significant yet often less visible segment of the broader healthcare ecosystem. Founder and CEO Jamie LaPaglia says, “Its scale and impact continue to expand, but it’s sometimes approached as an extension of general healthcare, even though its regulatory and operational dynamics are different.” Within this context, the […] This story continues at The Next Web Read more ›
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Kostiantyn Gitko built his career in a very different environment. Before starting his own company, he worked inside large systems where reliability was expected every day. That experience still shapes how he approaches business. He began as a software engineer and gradually moved into leadership roles, managing infrastructure, teams, and operations. Today, he leads Devox […] This story continues at The Next Web Read more ›
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Summary: Genetic, medical, and lifestyle data from all 500,000 UK Biobank volunteers was listed for sale on Alibaba after three Chinese research institutions with legitimate access violated their data-sharing agreements. The data was de-identified but includes genome sequences, hospital diagnoses, and biological measures that experts say can be re-identified. Alibaba removed the listings before any […] This story continues at The Next Web Read more ›
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The European Commission is preparing to tell Google exactly how it must open Android to rival AI assistants, escalating a regulatory confrontation that will determine whether artificial intelligence becomes the next great platform lock-in or the first to be broken before it sets. EU watchdogs are poised to lay out what Alphabet must do to […] This story continues at The Next Web Read more ›
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Summary: The Pentagon has narrowed its Advanced Nuclear Power for Installations (ANPI) programme from eight companies to three, advancing microreactor deployment at Buckley Space Force Base (Colorado) and Malmstrom Air Force Base (Montana) by 2030. The original eight vendors included BWXT, Oklo, X-energy, Kairos Power, Radiant, General Atomics, Westinghouse, and Antares. The commercially owned reactor […] This story continues at The Next Web Read more ›
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The new model reasons about composition, searches the web for context, generates up to eight coherent images from one prompt, and renders text in non-Latin scripts with near-flawless accuracy. It also took the number one spot on the Image Arena leaderboard within 12 hours of launch, by the largest margin ever recorded. Two years ago, […] This story continues at The Next Web Read more ›
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Secondary share trading platforms are pricing Anthropic at approximately $1 trillion, just three months after its primary fundraising round valued it at $380 billion. OpenAI is trading at $880 billion on the same platforms, a meaningful reversal of the previous order. The valuations are not primary rounds and carry no guarantee of liquidity. Anthropic, the […] This story continues at The Next Web Read more ›
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The $25B programme has no expiration date and sits on top of a December 2024 authorisation that still had $6.8B remaining. Netflix’s board approved it on 22 April. Shares rose 1.5% in premarket trading on the news, after falling as much as 10.8% following the Q1 report on 16 April. Netflix’s board authorised an additional […] This story continues at The Next Web Read more ›
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The world’s largest sovereign wealth fund lost NOK636 billion ($68 billion) in investment returns in the first quarter, driven by the equity slide among large US technology companies. The S&P 500 posted its deepest quarterly decline since 2022. The fund marginally outperformed its benchmark. Norges Bank Investment Management (NBIM), which manages Norway’s Government Pension Fund […] This story continues at The Next Web Read more ›
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TCV led the Series B one year ago and now doubles down on the Series C. Insight Partners also returns. The thesis: AI coding agents are generating software so fast and at such volume that human code review is no longer sufficient, and enterprise artifact management must function as the primary control and security layer. […] This story continues at The Next Web Read more ›
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Nscale will construct the data centres at existing BT infrastructure sites; BT will provide connectivity. Both companies are founding members of the new UK Sovereign AI Industry Forum. The deal deepens Nscale’s position as a central plank of the UK government’s national AI infrastructure strategy. BT Group and Nscale announced on 23 April 2026 that […] This story continues at The Next Web Read more ›
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26.07.2026 15:07
Last update: 15:00 EDT.
News rating updated: 22:00.
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