Momenta is heading to the public markets. The self-driving software firm has opened its Hong Kong IPO, seeking up to $752mn to pour into AI research and robotaxis. The Momenta IPO would value the GM-backed company at close to $9bn. The Suzhou-based company started taking investor orders this week under stock code 6880. It is […] This story continues at The Next Web Read more ›
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Most people call them automated licence plate readers, or ALPRs. They sit beside roads and log every car that passes. Flock Safety dominates the market. Engadget reports that Flock makes the vast majority of the 100,000-plus readers now blanketing the US. Calling them licence plate readers undersells them. Reading plates is the main job, but […] This story continues at The Next Web Read more ›
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Venezuela has no national earthquake warning system. Yet moments before two huge quakes hit on Wednesday, millions of phones lit up. Google earthquake alerts reached 11.4 million people, the company says, buying some of them up to two minutes to act. The warnings came from Google’s Earthquake Alerts system, which turns ordinary Android phones into […] This story continues at The Next Web Read more ›
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South Korea has placed its biggest bet yet on the AI era. The plan commits at least $880bn over a decade to chips, data centres and robots. It is the boldest South Korea AI investment to date, and the government says speed is now the only way to survive. President Lee Jae Myung unveiled the […] This story continues at The Next Web Read more ›
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China’s AI sector is not short of cash. If anything, American pressure is pumping more in. DeepSeek shows the pattern best. The Hangzhou lab closed a $7.4bn round, the biggest first-time raise by a Chinese startup, at a valuation above $50bn. It had run for three years on founder Liang Wenfeng’s own wealth and never […] This story continues at The Next Web Read more ›
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Patience has a price, and someone else is paying it. OpenAI may wait until 2027 to go public. The wait is meant to buy a bigger number. OpenAI is weighing a listing as late as 2027, Bloomberg reported. That timeline could see it go public after its rival Anthropic. Altman has reportedly rejected an earlier […] This story continues at The Next Web Read more ›
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The ink was barely dry. The EU had just signed a trade deal with Washington. A day later, Trump threatened to blow a hole in it. On Friday, the president posted the threat on Truth Social. Any country that imposes a digital services tax on US firms, he wrote, would face “a 100% TARIFF on […] This story continues at The Next Web Read more ›
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For 20 years, marketing meant one thing: rank on Google. That deal is breaking. A Berlin startup has just doubled its valuation on a bet about what comes next. Peec AI is in talks to raise new funding at a pre-money valuation of $200M, Sifted reported, citing three sources. That is roughly double its worth […] This story continues at The Next Web Read more ›
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A pixel has always done one job. On a screen it emits light to build a picture. In a camera it absorbs light to record one. A team in Switzerland has now made one that does both. Researchers at ETH Zurich have built the first bidirectional pixel, in work published in Nature. The same tiny […] This story continues at The Next Web Read more ›
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A settlement is the sound a lawsuit makes when it stops. For Tesla, one just went quiet. The far louder problem, a federal safety investigation, is still talking. Tesla has settled a lawsuit tied to a fatal 2023 crash involving its Full Self-Driving (Supervised) system, Bloomberg first reported. Neither side disclosed the terms. TechCrunch laid […] This story continues at The Next Web Read more ›
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Most rocket companies buy their fuel. SpaceX wants to pipe it in. Filings in Texas show the company plans to build its own natural gas pipeline, an unusual move for a space firm, and a telling one. SpaceX calls the line Starpipe. It would run eight miles, about 13km, to Starbase, SpaceX’s company town on […] This story continues at The Next Web Read more ›
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Renting an AI chip is starting to feel like booking a hotel in a sold-out city. You pay to hold the room, and the rate keeps climbing. On AWS, it just climbed again. Amazon Web Services has raised prices for EC2 Capacity Blocks for ML by roughly 20%, starting in July. Business Insider first reported […] This story continues at The Next Web Read more ›
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Mirendil, founded by two researchers who left Anthropic after barely a year, has raised $200m at a $1bn valuation. The pitch: sell the self-improving AI that the big labs build for themselves and guard from everyone else. The biggest AI labs share one private conviction. The fastest way to build better AI is to point […] This story continues at The Next Web Read more ›
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Paul Meade, Apple’s Vision Pro chief, is leaving to build OpenAI’s devices. It is the most senior Apple defection yet, and it points the AI hardware talent war straight at Cupertino. Apple does not lose vice presidents to rivals. That is the unwritten rule, and for years it held. Designers slipped away to Jony Ive’s […] This story continues at The Next Web Read more ›
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The case for artificial intelligence in Germany is being made, increasingly, in the language of arithmetic rather than ambition. The country does not have enough workers, and AI is being pitched as a way to need fewer of them. The concrete version of that pitch is small and unglamorous. A homebuilder in the northwest of […] This story continues at The Next Web Read more ›
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A coalition that owns nearly 400 local US newspapers has sued OpenAI and Microsoft. The publishers call AI training on their reporting a death knell for local journalism. It is the largest copyright case the local press has brought yet. Local newspapers report the meetings no algorithm attends. The council vote, the school board row, […] This story continues at The Next Web Read more ›
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Amazon spent years circling India’s quick-commerce market without committing to it. Investors have now decided the circling is over, and they have repriced the incumbents accordingly. Shares in Eternal, the parent of grocery-delivery leader Blinkit, and in rival Swiggy have fallen sharply as Amazon accelerates its rapid-delivery business in the country. Eternal has slipped about […] This story continues at The Next Web Read more ›
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For years Prosus was, in effect, a single bet wearing the costume of a diversified investor: a sprawling portfolio whose value rose and fell with one Chinese asset. Its latest results suggest the costume is becoming the company. Prosus reported revenue of about $7.3bn for the financial year ended 31 March 2026 and roughly $1.1bn […] This story continues at The Next Web Read more ›
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Six months after Australia became the first country to bar under-16s from social media, the government has concluded that the platforms are not taking the rule seriously enough, and is preparing to make the consequences of ignoring it considerably more expensive. New legislation announced this week would roughly double the maximum penalty for a systemic […] This story continues at The Next Web Read more ›
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ChangXin Memory Technologies has agreed to supply Tencent with roughly $3bn of memory chips, two people familiar with the matter told Reuters, in a deal that would bind one of China’s largest cloud operators to its largest homegrown DRAM maker. Neither company has confirmed the agreement publicly, and the figure comes from sourcing rather than […] This story continues at The Next Web Read more ›
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23.07.2026 17:31
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