The European Investment Fund is raising a €15 billion fund of funds called ETCI 2 that aims to unlock up to €80 billion in scaleup funding across Europe. Germany’s WIN initiative is targeting €12 billion by 2030. France’s Tibi programme has pledged €7 billion in private capital and labelled 92 VC and growth funds with […] This story continues at The Next Web Read more ›
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In short: Google has brought end-to-end encryption in Gmail to Android and iOS, closing the mobile gap that remained after the feature launched on the web in April 2025. Enterprise users on Google Workspace Enterprise Plus with the Assured Controls add-on can now compose and read encrypted messages directly in the Gmail app, with no extra […] This story continues at The Next Web Read more ›
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You’ve just closed a massive deal with a dream enterprise client. Then, the email lands: “Please send over your SOC 2 Type II report.” Panic sets in. You don’t have one. You have a folder of screenshots, a few outdated policy documents, and a CTO who is already overworked. SOC 2 compliance software exists to […] This story continues at The Next Web Read more ›
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The plans are early-stage and Anthropic may still decide to only buy chips rather than design them. The exploration comes days after the company signed a long-term deal with Google and Broadcom for 3.5 gigawatts of TPU compute starting in 2027. A company spokesperson declined to comment. Anthropic is exploring the possibility of designing its […] This story continues at The Next Web Read more ›
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Revolut, the British virtual bank platform, has just launched its new AI financial assistant named AIR (AI by Revolut) to its more than 13 million customers in the UK. The new AI assistant allows customers to manage their finances through in-app chat, their spending insights, investment tracking, subscription monitoring, and card management. It also provides […] This story continues at The Next Web Read more ›
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The app goes live each night between 8 and 9pm, connecting verified users through 30-second video intros and instant live calls. It is currently available in Portugal and the UK. CEO Afonso Simão previously founded Miofar, a fitness brand he grew to over $1.2M in revenue. Eight, a Portuguese video-first dating app, is raising a […] This story continues at The Next Web Read more ›
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The Dutch startup is tackling one of construction’s most stubborn problems: the fact that most building materials lack traceability, making them impossible to reuse when a structure is demolished or renovated. Maeconomy, a Dutch startup, has raised €1.5 million to build a platform that turns building materials into auditable, monetisable circular assets. The Netherlands has […] This story continues at The Next Web Read more ›
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The Milton Keynes startup, which tripled annual recurring revenue in the 12 months to July 2025, is using the new round to hire a Chief Revenue Officer and continue product development. Serve First, a British AI-driven customer experience platform, has raised €5.7 million (£5 million) in new funding, according to EU Startups. The round will […] This story continues at The Next Web Read more ›
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In short: Matei Zaharia, the Berkeley computer science professor and Databricks co-founder who created Apache Spark, has won the 2026 ACM Prize in Computing for his foundational contributions to distributed data systems and AI infrastructure. The $250,000 prize, funded by an Infosys endowment, is one of computer science’s most prestigious mid-career honours. Zaharia is donating the […] This story continues at The Next Web Read more ›
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In short: Meta has committed an additional $21 billion to CoreWeave for dedicated AI cloud capacity running from 2027 through December 2032, bringing the total value of the two companies’ infrastructure relationship to approximately $35 billion. The new contract will deliver early deployments of Nvidia’s Vera Rubin platform across multiple sites, and is designed specifically for […] This story continues at The Next Web Read more ›
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In short: OpenAI has paused its Stargate UK data centre project, citing the high cost of industrial electricity in Britain and an unfavourable regulatory environment around AI copyright. The project, announced in September 2025 alongside Nvidia and Nscale, had planned to deploy 8,000 GPUs at sites in north-east England, scalable to 31,000 over time. OpenAI says […] This story continues at The Next Web Read more ›
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In short: Google Cloud and Intel have announced a deepened multi-year AI infrastructure partnership covering both CPU deployment and custom chip co-development. Google Cloud will continue adopting Intel’s Xeon 6 processors across its global infrastructure for C4 and N4 instances, while the two companies are expanding their joint development of custom Infrastructure Processing Units designed to […] This story continues at The Next Web Read more ›
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In short: Andy Jassy’s annual letter to shareholders, published on 9 April 2026, reveals that Amazon’s custom chip business, covering Graviton, Trainium, and Nitro, generates more than $20 billion in annualised revenue growing at triple-digit rates year-on-year. If sold on the open market like Nvidia, Jassy says, the business would be worth roughly $50 billion a […] This story continues at The Next Web Read more ›
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In short: Oracle has appointed Hilary Maxson, former executive vice president and group chief financial officer at Schneider Electric, as its new chief financial officer, effective 6 April 2026. Maxson reports to chief executive Clay Magouyrk and takes on the role at a moment when Oracle is committing $50 billion in capital expenditure for its current […] This story continues at The Next Web Read more ›
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Hospitality has long been defined by human interaction, but the systems that support those interactions have undergone continuous change. Arran Campolucci-Bordi, owner of Casa Italia, established 50 years ago in Liverpool, UK, frames this evolution through lived experience, tracing a path from handwritten reservation books to digital booking systems and now toward AI-driven operations. In […] This story continues at The Next Web Read more ›
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Coinspaid, Europe’s one of the largest blockchain payment infrastructure, has announced a strategic partnership with The Residency, a global community for early-stage founders and innovators. The collaboration will provide Residency startups with exclusive access to Coinspaid’s industry-leading stablecoin infrastructure solutions on preferential terms. The Residency has become known for cultivating ambitious founders in an environment […] This story continues at The Next Web Read more ›
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Marceu Martins has spent 25 years working in parts of technology where failure is not abstract. In the systems he designs, a 1% error is not a minor defect or an acceptable edge case. It represents systemic exposure. Across global supply chains, semiconductor logistics, and telecommunications infrastructure, even small inconsistencies can propagate across interconnected systems. […] This story continues at The Next Web Read more ›
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In short: Demis Hassabis, speaking on the 20VC podcast with Harry Stebbings in early April 2026, described how Google DeepMind has accelerated its pace over the past two to three years by merging Google Brain’s compute resources with DeepMind’s research culture and returning to what he called a “startup or entrepreneurial” way of working. He also […] This story continues at The Next Web Read more ›
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In short: Peter Bailis, who joined Workday as chief technology officer in May 2025, left the company last month and has taken a role as member of technical staff at Anthropic, where he will focus on reinforcement learning engineering. The move strips away a C-suite title in exchange for technical proximity to the frontier, and lands […] This story continues at The Next Web Read more ›
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In short: On the day that 25% US tariffs on South Korean imports took effect, Kia held its 2026 CEO Investor Day in Seoul and presented a plan built for a changed world: a quietly reduced EV sales target for 2030, a major expansion of its hybrid range, the first confirmation of a North American electric […] This story continues at The Next Web Read more ›
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In short: Three YouTube content creators, specifically the company behind H3H3 Productions, a solo golf presenter, and a golf channel, have filed a proposed class action lawsuit in Seattle alleging that Amazon bypassed YouTube’s technical protections using virtual machines and rotating IP addresses to scrape their videos without consent, feeding the footage into training datasets for […] This story continues at The Next Web Read more ›
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20.04.2026 10:32
Last update: 10:26 EDT.
News rating updated: 17:21.
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