Chinese electric vehicles face 125% cumulative tariffs, a proposed Senate ban, and fierce opposition from lawmakers and the US auto industry. But there is a growing possibility that Chinese EVs will be sold in the US within the next few years. The routes in are multiplying: through Canada, Mexico, and partnerships with the very automakers […] This story continues at The Next Web Read more ›
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The building at 1001 Third Avenue South in downtown Minneapolis used to be an office. Now it is a data centre, and its anchor tenant is not a Silicon Valley hyperscaler but Core42, the cloud and AI infrastructure subsidiary of Abu Dhabi’s G42 Group. The lease, reported by Bloomberg on Wednesday, covers 20 megawatts of […] This story continues at The Next Web Read more ›
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OpenAI built a ten billion dollar consulting company. Anthropic built a 1.5 billion dollar consulting company. Google is writing a licensing agreement. The difference in approach may determine which AI lab captures the largest new enterprise distribution channel to emerge since the birth of cloud computing itself: the portfolio companies of the world’s biggest private […] This story continues at The Next Web Read more ›
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The proposals filed in Brussels aim to settle the European Commission’s investigation into whether Google has been demoting publishers’ pages with third-party advertising content. Failure to settle could expose Alphabet to penalties up to 10 per cent of global revenue. Google has filed a remedies offer with the European Commission proposing changes to how it […] This story continues at The Next Web Read more ›
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Justice Elena Kagan denied Apple’s emergency stay application on Wednesday on behalf of the court, declining to refer the request to the full bench. Apple now returns to Judge Yvonne Gonzalez Rogers in Oakland to argue over what commission, if any, it can lawfully charge on external-link app purchases. The US Supreme Court on Wednesday […] This story continues at The Next Web Read more ›
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Claude Code’s five-hour rate limits double across Pro, Max, Team, and seat-based Enterprise plans from Tuesday, with peak-hours throttling removed for Pro and Max. The capacity behind the change is a new Anthropic agreement to take all of SpaceX’s Colossus 1 data centre. Anthropic raised the rate limits on Claude Code and the Claude Opus […] This story continues at The Next Web Read more ›
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The London-based AI expert-matching platform, founded by ex-DeepMind and ex-McKinsey alumni, is being valued at the moment hiring is becoming the part of the labour market AI has most visibly degraded. Andreessen Horowitz now leads the round; General Catalyst, the seed lead, is back in. Generative AI has, in the space of about 30 months, […] This story continues at The Next Web Read more ›
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The deal pairs a 15-million-share warrant at $180 with a pre-funded warrant for 3 million more, against a Corning commitment to build three new US optical-connectivity plants and grow capacity tenfold. Corning shares closed up roughly 14 per cent. NVIDIA is taking an equity-linked stake of $500m in fibre-optics manufacturer Corning as part of a […] This story continues at The Next Web Read more ›
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The Terafab project sits alongside the existing Bastrop packaging operation. Combined, the two facilities could anchor a $119bn Texas chipmaking footprint. SpaceX has not yet disclosed the process technology Terafab will run, or the construction timeline. SpaceX has filed paperwork for a semiconductor fabrication facility in rural Texas with a planned investment of approximately $55bn. […] This story continues at The Next Web Read more ›
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A KPMG-conducted study commissioned by the CCCEU estimates that phasing Chinese suppliers out of 18 critical EU sectors between 2026 and 2030 would cost €367.8bn. Reuters’ headline rounds that down. The actual figure is materially higher. China’s chamber of commerce in the EU has put a number on the cost of the European Commission’s plan […] This story continues at The Next Web Read more ›
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The Beacon Point lease, anchored by an unnamed investment-grade tenant, lifts Hut 8’s contracted AI capacity to 597 MW and $16.8bn in base-term value. The Bitcoin-miner-to-AI-landlord pivot is now substantially complete. There is a particular kind of corporate transformation that is supposed to take years, and Hut 8 has done it in roughly 18 months. […] This story continues at The Next Web Read more ›
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The Berlin geospatial-AI company has closed the first slice of a new round, with defence VC Helantic alongside Nordic Ninja, MMC, and the EIC. Most of the money funds the same product. The strategic shift is who else gets to buy it. European defence-tech rounds, in 2026, are no longer being raised on a pure-defence […] This story continues at The Next Web Read more ›
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Clayton, Dubilier & Rice banks one of the cleanest mid-market industrial partial exits of 2026, three and a half years after carving the portfolio out of Roper Technologies. Ametek pays a full multiple for picks-and-shovels exposure to the AI-infrastructure trade. Ametek, the Pennsylvania-based scientific-and-industrial-instrumentation company, has agreed to acquire the test-and-measurement businesses of Indicor for […] This story continues at The Next Web Read more ›
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Bangkok’s Board of Investment cleared six major investments on Wednesday. Three of them are data centres. The headline is the TikTok number, but the larger story is what Thailand is becoming inside the regional AI infrastructure trade. Thailand’s Board of Investment is, on most readings, an institutional body whose press releases attract limited international attention. […] This story continues at The Next Web Read more ›
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After selling Silo AI to AMD for $665m, the Helsinki entrepreneur is doing it again. Qutwo’s angel round prices a quantum-classical orchestration layer with no quantum hardware shipping yet, and customers already paying tens of millions for it. There is a particular kind of European startup story that is not supposed to happen at this […] This story continues at The Next Web Read more ›
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Sergei Vassilvitskii, distinguished scientist at Google since 2012, has written to Brussels warning that the Commission’s proposed anonymisation scheme for forced search-data sharing is, by his red team’s own demonstration, breakable in 120 minutes. The decision deadline is 27 July. There is a familiar genre of corporate complaint in EU regulatory proceedings: a US technology […] This story continues at The Next Web Read more ›
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The Paris-based AI-native real-estate company, founded by Entrepreneurs First alumni Mehdi Rais and Amine Chraibi, has Heartcore and Balderton co-leading the round, an unusual cap-table for a pre-seed. The technical pitch is more interesting than the headline. There is a particular shape of European AI seed round that has, in 2026, become harder to land […] This story continues at The Next Web Read more ›
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What started in mid-April as a $300m raise at a $10bn valuation, with Alibaba and Tencent talking, is now an FT-reported deal at $45bn led by the China Integrated Circuit Industry Investment Fund. The strategic logic has changed substantially. There is, in venture-capital pricing, a particular kind of ascent that does not normally happen to […] This story continues at The Next Web Read more ›
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Samsung’s stock has more than quadrupled in a year. The KOSPI broke 7,000 for the first time. Two Korean chipmakers now account for 42% of the index. The supercycle that built this rally is, by Samsung’s own forecast, not yet at its peak. There is a particular type of market moment that does not happen […] This story continues at The Next Web Read more ›
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iPhone 16 and 15 Pro buyers in the US between June 2024 and March 2025 will get $25–$95 per device. Apple admits no fault. The settled action covers consumers; the parallel securities-fraud case Apple is still trying to dismiss is structurally separate. On Tuesday afternoon, Apple agreed to pay $250m to settle a US federal […] This story continues at The Next Web Read more ›
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Intel will arrive at Computex 2026 in Taipei on 2 June with something it has not had in a decade: a product in every computing category built on a single manufacturing story. Panther Lake, the laptop chip launched at CES in January, is expanding to handhelds with Arc G3 and Arc G3 Extreme processors designed […] This story continues at The Next Web Read more ›
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11.06.2026 03:18
Last update: 03:11 EDT.
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