Baidu’s AI chip unit Kunlunxin is planning to go public in Hong Kong at a target valuation of $50 billion, The Information reported on Sunday. In an unusual twist, the company asked prospective IPO investors to also commit to purchasing its semiconductors, according to the report. Reuters could not independently verify the report. The $50 […] This story continues at The Next Web Read more ›
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Firmus Technologies, an Australian AI infrastructure company valued at $5.5 billion, will build its first data centre in Indonesia through an eight-year partnership with Nvidia. The 360-megawatt Nvidia DSX AI Factory campus in Batam, an island just off the coast of Singapore, is being developed with Singapore-based DayOne and is set to go live in […] This story continues at The Next Web Read more ›
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Mental health chatbots all share the same limitation: the user has to reach out first. That is not always easy when someone is stressed, anxious, or unable to articulate how they feel. Researchers at the University of Ottawa are building an AI assistant called UbiMyTherapist that flips the model. It reads emotional cues in real […] This story continues at The Next Web Read more ›
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Micron Technology briefly surpassed Meta and Tesla in market valuation on Thursday, closing the week at roughly $1.27 trillion. The stock has soared over 236% in the past month alone, reaching $1,132 a share. Before mid-2025, it spent years below $100. The surge followed blockbuster third-quarter earnings. Revenue quadrupled year on year to $41.45 billion. […] This story continues at The Next Web Read more ›
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California Governor Gavin Newsom and top Democratic legislators agreed on a $351.7 billion state budget that will extend sales tax to prewritten software downloaded from the web. The tax is expected to raise $900 million for the state and another $1.1 billion for local governments starting in fiscal year 2028 and annually thereafter, according to […] This story continues at The Next Web Read more ›
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The Bank for International Settlements warned on Sunday that an AI investment bust could hit credit markets with disruption comparable to the 2008 financial crisis. In its annual report, the Basel-based institution listed AI-led risks alongside inflation and fiscal stress as “pressure points” that “demand attention.” “Disappointment in returns could trigger a sudden pullback in […] This story continues at The Next Web Read more ›
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North America has more than 280,000 independent auto repair shops. Most run on workflows a 1990s small business owner would recognise: phone-based scheduling, paper repair orders, manual parts ordering. The global auto repair software market is projected to grow from $3.4 billion in 2026 to $8.6 billion by 2033, a 14.2% CAGR, according to Persistence […] This story continues at The Next Web Read more ›
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Google has placed limits on Meta’s use of its Gemini AI models because it cannot provide as much computing capacity as the social media company wanted, the Financial Times reported on Sunday. The restrictions have affected several Google clients, with Meta hit particularly hard. The move has had a knock-on effect on Meta’s internal projects. […] This story continues at The Next Web Read more ›
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India’s Unified Payment Interface has grown to over 750 million daily transactions, and the head of the body that oversees it says AI will be central to reaching a billion. Dilip Asbe, MD and CEO of the National Payments Corporation of India, told TechCrunch at Mumbai Tech Week that AI could drive the next half […] This story continues at The Next Web Read more ›
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Instagram head Adam Mosseri previewed new ways to surface Your Algorithm, the feature that lets users specify which topics they want to see more or less of. In an Instagram post this week, Mosseri said the goal is to evolve the tool “from a setting to something that feels central to your experience on Instagram.” […] This story continues at The Next Web Read more ›
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When Anthropic launched Claude Tag on Tuesday, a high-profile AI product that works as a persistent teammate inside Slack channels, some employees at Salesforce, which owns Slack, were confused. Salesforce promoted Anthropic’s new product on social media even as it competes directly with Salesforce’s own Slackbot and Agentforce platform, The Information reported. The tension is […] This story continues at The Next Web Read more ›
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Jacob Andreou, the 33-year-old executive Satya Nadella promoted to run Copilot in March after just one year at Microsoft, now oversees more than 11,000 people. He has merged the consumer and enterprise Copilot teams, eliminated redundant product versions, and is building a super app that combines chat, coding, and a new agentic workflow called Autopilot, […] This story continues at The Next Web Read more ›
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Cloudflare’s engineering headcount surged 45 percent in the weeks after the company cut 1,100 jobs in May, according to BNP Paribas data drawn from LinkedIn profiles. The finding, first reported by Business Insider, shows Cloudflare’s engineering staff grew from 1,308 to 1,894 even as its total workforce shrank by a fifth. CEO Matthew Prince confirmed […] This story continues at The Next Web Read more ›
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The AI industry that donated heavily to elect Donald Trump on the promise he would leave the technology alone is now asking for formal regulation, Politico reported on Friday. Executives at frontier AI companies told the outlet they view the administration’s ad hoc approach to model oversight as more damaging than anything the Biden administration […] This story continues at The Next Web Read more ›
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The FBI and CISA have warned that Russian intelligence hackers are now targeting Signal users’ backup recovery keys, an escalation of a phishing campaign that has already compromised thousands of accounts worldwide. The updated advisory, published Thursday, says that handing over the key once gives attackers the ability to restore an account’s backup, read its […] This story continues at The Next Web Read more ›
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OpenAI has appointed Prabhjeet Singh, the outgoing president of Uber India and South Asia, as its first managing director for India. Singh will join in September and report to Kiran Mani, the company’s managing director for Asia Pacific, OpenAI told TechCrunch. He will oversee consumer growth, enterprise adoption, partnerships, regulatory engagement, and operations in what […] This story continues at The Next Web Read more ›
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Trustpilot has struck a partnership with Shopify that will let the platform’s merchants display and manage Trustpilot reviews directly inside their online stores. The integration goes live on June 29 and is the Danish review company’s first native tie-up with a major ecommerce platform. Financial terms were not disclosed. The deal arrives at a moment […] This story continues at The Next Web Read more ›
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Two Asian AI companies launched products this week that position themselves as alternatives to Anthropic’s suspended Mythos and Fable 5 models. Tokyo-based Sakana AI released Fugu, an orchestration model it says matches Fable 5 on key benchmarks, while Beijing cybersecurity firm 360 Security unveiled Tulongfeng, a vulnerability-discovery tool it claims can rival Mythos. Both launches […] This story continues at The Next Web Read more ›
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As thousands of engineers, founders and researchers gather in San Francisco for AI Engineer World’s Fair, much of the conversation is focused on increasingly capable models, autonomous agents and AI applications. According to Vytautas Savickas, CEO of Oxylabs, however, the industry’s biggest shift is happening somewhere else. “For the past three years, AI has largely […] This story continues at The Next Web Read more ›
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Apple has been lobbying Commerce Department officials and other members of the Trump administration for approval to buy memory chips from ChangXin Memory Technologies, according to the Financial Times. CXMT is China’s largest DRAM manufacturer and sits on the Pentagon’s list of companies with alleged ties to the Chinese military. Six people familiar with the […] This story continues at The Next Web Read more ›
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23.07.2026 17:30
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