$188bn is a large number for a company that keeps insisting it is in no rush to go public. That is the valuation Databricks has reached in a new funding round led by Coatue Management, a figure first reported by the Wall Street Journal. The mark sits well above the up-to-$175bn the firm was reportedly in […] This story continues at The Next Web Read more ›
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Xi Jinping told the World AI Conference in Shanghai on Friday that artificial intelligence “should not be a solo performance by a single country, but a symphony of international cooperation,” casting Beijing as the patron of open, shared technology. The line, aimed at the developing world and, by implication, at Washington, set the tone for a speech […] This story continues at The Next Web Read more ›
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PayPal’s board reckons that a $53bn (£39bn) joint takeover approach from Stripe and the private-equity firm Advent International sells the payments pioneer short, the latest twist in a fast-moving round of payments consolidation. People familiar with the talks told Reuters the directors view the offer as inadequate and have yet to respond formally. The approach values PayPal at […] This story continues at The Next Web Read more ›
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The most precise figure yet attached to DeepSeek’s worth did not come from the lab, its bankers or its founder. It surfaced in a stock-exchange filing by Anhui Korrun, a Chinese luggage maker, which discloses a stake small enough to imply the Hangzhou AI startup is valued at around $52bn. The arithmetic is narrow but […] This story continues at The Next Web Read more ›
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Balaji Srinivasan built Network School as a working prototype of the “network state,” his theory that an internet country of engineers and founders can eventually do the work of a real one. This week a real one reminded him who still holds the passports. The former Coinbase chief technology officer and Andreessen Horowitz partner said on 15 […] This story continues at The Next Web Read more ›
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Fora, a platform that lets ordinary people become travel agents and gives travellers a way to find them, has raised a $60m Series D at a $1bn valuation led by Forerunner and Tactile Ventures. It has 15,000+ advisors (97% new to the profession) who have booked over $3bn in travel, an accelerating curve. Fora is […] This story continues at The Next Web Read more ›
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Roblox announced Build on Wednesday, a new creation tab inside the Roblox mobile app that lets anyone turn a text prompt into a basic playable game without touching Roblox Studio or writing a line of code. A creator can describe something like a cozy forest adventure game with environmental obstacles, and Build will generate a […] This story continues at The Next Web Read more ›
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1Password has launched a browser integration that lets Anthropic’s Claude use stored credentials to complete tasks on the web without the passwords ever reaching the AI model, according to a blog post published on Thursday. The company calls it a zero-exposure architecture: when Claude needs to sign in, 1Password shows the user which credential is […] This story continues at The Next Web Read more ›
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Volkswagen’s autonomous mobility subsidiary Moia has begun offering rides in self-driving ID Buzz vans to preregistered residents in Hamburg, marking the first time a major European automaker has launched an autonomous passenger service on its home continent. Up to five vehicles are operating at initial launch, with the fleet expected to expand to 10, and […] This story continues at The Next Web Read more ›
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The driver of a Tesla that crashed into a Texas home and killed a 76-year-old woman had manually overrode Full Self-Driving by pressing the accelerator pedal to 100 percent, the National Transportation Safety Board said in a preliminary report released on Wednesday. The 2025 Model 3 was travelling at more than 70 mph on a […] This story continues at The Next Web Read more ›
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S&P downgraded Oracle to BBB- on July 9, placing the company one notch above junk status, as a $250 billion data-centre expansion plan burns through cash faster than revenue can replace it. Oracle is now the second-largest non-financial debt issuer in the Bloomberg US Corporate Bond Index after Amazon, with $117 billion outstanding. Shares fell […] This story continues at The Next Web Read more ›
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Google is months behind schedule on delivering the next version of its flagship AI model, Gemini Pro, because the technology has fallen short of internal goals in coding, Bloomberg reported on Thursday citing 10 current and former employees. The company was widely expected to release the upgrade at its May developer conference but has been […] This story continues at The Next Web Read more ›
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GameStop CEO Ryan Cohen dismissed the decline of physical video game sales as “totally, totally irrelevant” to the company’s business in an interview on Bloomberg TV on Thursday. Cohen was responding to Sony’s announcement earlier this month that it will end physical disc production for new PlayStation games in 2028. “It doesn’t matter at all,” […] This story continues at The Next Web Read more ›
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Visa launched the Visa Stablecoin Platform on Thursday, a new infrastructure product that lets banks and payment processors issue, manage, and settle stablecoin transactions through Visa’s network. The platform launches with native support for Open USD, the stablecoin backed by a consortium of more than 140 firms including Visa, Mastercard, Stripe, and BlackRock. Jack Forestell, […] This story continues at The Next Web Read more ›
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Google will have to let rival AI assistants run on Android the way its own Gemini does. It must also hand some of its search data to competitors. The European Commission set out both requirements on Thursday. The two decisions fall under the EU’s Digital Markets Act (DMA), the Commission said. The law forces “gatekeeper” […] This story continues at The Next Web Read more ›
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Researchers have restored hand movement and the sense of touch to a man paralysed from the chest down. The results, published in Nature Medicine, suggest the technology partly rewired his nervous system. The system, called a “double neural bypass,” comes from the Feinstein Institutes for Medical Research, the research arm of Northwell Health, the team […] This story continues at The Next Web Read more ›
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Verizon is cutting about 3,000 employees from its corporate-owned retail stores and transferring 274 locations to independent operators, Bloomberg reported on Thursday. The changes take effect on August 16 and will leave the largest US mobile carrier with 1,000 company-owned stores alongside roughly 5,000 independent franchises. A company spokesperson said many of the workers at […] This story continues at The Next Web Read more ›
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Twenty-nine countries signed an agreement on 16 July to establish the World AI Cooperation Organization (WAICO), Reuters reported. China says the intergovernmental body aims to promote international cooperation and global governance in AI. China’s foreign minister, Wang Yi, signed on behalf of Beijing. UN Secretary-General António Guterres attended the ceremony. The founding members include Russia, […] This story continues at The Next Web Read more ›
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Google is renaming NotebookLM to Gemini Notebook, folding one of its most popular AI products into the Gemini brand while keeping it as a standalone tool. The company said on Thursday that the rebrand reflects how deeply the research assistant has been woven into the broader Google ecosystem, including the Gemini app and Google Search. […] This story continues at The Next Web Read more ›
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Most space-hardware startups raise money because they are burning it. SWISSto12 raised $70m while turning a profit, an unusual thing in the satellite business. The Swiss company closed the €61m round days after ESA member states put $84.8m into its HummingSat programme, it said. That is more than $150m of fresh capital in a month. […] This story continues at The Next Web Read more ›
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20.07.2026 17:06
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