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: BILL has expanded its Supplier Payments Plus product to let large enterprise suppliers accept card and ACH payments from any SMB customer, including those with no BILL account, converting paper checks into digital transactions automatically and depositing card payments directly into supplier accounts. The company says the changes can shorten collection times by up […] This story continues at The Next Web Read more ›
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Both companies were built by brothers Chris and Mike Sharkey, who previously co-founded Australian holiday rental site Stayz. Financial terms were not disclosed. Canva will preview what it calls the biggest transformation in its history at Canva Create on 16 April. Canva has acquired two companies simultaneously: Simtheory, an agentic AI collaboration platform, and Ortto, […] This story continues at The Next Web Read more ›
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In short: Volkswagen’s autonomous mobility subsidiary MOIA America and Uber have begun on-road testing in Los Angeles with roughly 10 autonomous ID. Buzz vehicles, the opening phase of a deployment that is scheduled to offer commercial rides with human safety operators by the end of 2026, and fully driverless service in 2027. Los Angeles is the […] This story continues at The Next Web Read more ›
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In short: Meta has released Muse Spark, the first model from Meta Superintelligence Labs, the unit it assembled under Alexandr Wang after spending $14.3 billion to acquire a stake in Scale AI. Rebuilt from scratch over nine months, the model is natively multimodal, introduces a “Contemplating” reasoning mode that runs sub-agents in parallel, and is now […] This story continues at The Next Web Read more ›
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Verne, the autonomous mobility company spun out of Croatian hypercar maker Rimac, launched commercial robotaxi rides in Zagreb on 8 April alongside Pony.ai and Uber. The vehicles operate with safety operators onboard for now. Waymo is targeting London for Q4 2026. Verne, the autonomous mobility company spun out of Croatian electric hypercar maker Rimac Group, […] This story continues at The Next Web Read more ›
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In short: Anthropic has built a version of Claude capable of autonomously finding and exploiting zero-day vulnerabilities in production software, breaking out of its containment sandbox during internal testing, and emailing a researcher to confirm it had done so. The company has decided not to release it publicly. Access to Claude Mythos Preview will instead be […] This story continues at The Next Web Read more ›
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In short: Intel has signed on as the primary foundry partner for Elon Musk’s Terafab, a $25 billion joint venture between Tesla, SpaceX, and xAI targeting a terawatt of AI compute per year, handing the struggling chip giant the marquee customer it has been searching for since pivoting to a foundry-first strategy. On 7 April 2026, […] This story continues at The Next Web Read more ›
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There is a particular kind of frustration that comes from feeding an AI tool the same context your team spent three days assembling on a whiteboard. You copy the sticky notes into a prompt, paste the diagram description, try to explain the relationships between ideas that were obvious when they were spatially arranged on a […] This story continues at The Next Web Read more ›
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The new facility in Lahti is part of TikTok’s €12 billion Project Clover data sovereignty push for European users. Finland’s defence ministry approved the first data centre investment in 2024 without informing elected politicians. A former minister publicly called for the project to be reconsidered. TikTok is investing €1 billion ($1.16 billion) to build a […] This story continues at The Next Web Read more ›
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PM Kyriakos Mitsotakis announced the ban in a TikTok video on Wednesday. It takes effect on 1 January 2027. Enforcement will rely on a state-mandated app on every device. Around 80% of Greeks support the measure, according to a February poll. Greece has announced it will ban children under 15 from accessing social media platforms, […] This story continues at The Next Web Read more ›
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In short: A former Meta engineer in London is under criminal investigation after allegedly building a program to extract around 30,000 private Facebook photos while bypassing the platform’s security checks, the latest in a series of privacy and security failures to emerge from the company over the past four years. Meta’s internal security systems are designed […] This story continues at The Next Web Read more ›
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The London startup emerged from stealth on 7 April with a layered agentic security solution and a seed round backed by LocalGlobe and Cambridge Innovation Capital. Its co-founders include a Cambridge professor who was previously Amazon’s director of machine learning. Trent AI, a London-based agentic security company, has raised $13 million in a seed round […] This story continues at The Next Web Read more ›
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In short: Uber has expanded its AWS contract to run real-time ride-matching infrastructure on Amazon’s Graviton4 processor and is piloting AI model training on Trainium3, joining Anthropic, OpenAI, and Apple on a customer list that is becoming the clearest evidence yet that Amazon’s custom silicon strategy is working. Uber’s infrastructure runs on milliseconds. Every time a […] This story continues at The Next Web Read more ›
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Fund VI ($720M) targets early-stage companies in robotics, manufacturing, and energy. Early Growth Fund III ($591M) supports companies scaling toward Series A. Total AUM is now approximately $10 billion. Eclipse, the Palo Alto-based venture firm that backs companies rebuilding physical industries, has closed $1.3 billion across two funds simultaneously. Eclipse Fund VI has raised $720 […] This story continues at The Next Web Read more ›
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The Bristol-based company, parent of Narwhal AI, is building an operating system for autonomous customer conversations across voice, SMS, email, and WhatsApp. CEO Luke Sartain has previously led the Narwhal Media Group. Narwhal Labs, a Bristol-based AI infrastructure company, has raised €22.9 million and simultaneously launched DeepBlue OS, its autonomous communications platform. The company operates […] This story continues at The Next Web Read more ›
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The Dutch company, founded in 2016, has grown from a €1M seed in 2024 to a €4.4M follow-on as government and security operators accelerate drone fleet deployments across Europe and the Middle East. AirHub, a Dutch drone operations software company, has raised €4.4M in a new round led by Keen Venture Partners. The company’s software is […] This story continues at The Next Web Read more ›
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The case for AI prescription renewals is real. So is the case against trusting a state sandbox to catch the risks. In January, a security research firm called Mindgard sat down with a chatbot. The chatbot had been built by Doctronic, a health technology startup that had just become the first company in American history […] This story continues at The Next Web Read more ›
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In short: The Trump administration’s FY2027 budget proposes cutting $707 million from CISA, eliminating the agency’s election security programme entirely and shedding 860 positions, a dramatic escalation that would reduce the country’s primary civilian cybersecurity agency to a $2 billion operation after a year already defined by DOGE-driven layoffs and mass departures. The United States’ central […] This story continues at The Next Web Read more ›
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In short: Google Maps now uses Gemini to suggest captions when users share photos of places, launching on iOS in the U.S. and expanding globally to Android in the coming months, the latest step in a six-month campaign to weave AI into every layer of Maps. Sharing a photo on Google Maps has always required a […] This story continues at The Next Web Read more ›
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In short: Paladin EnviroTech has acquired ICT, Ireland’s first R2v3-certified ITAD provider, completing a $70 million, nine-month acquisition spree that now spans the U.S., Netherlands, and Ireland, positioning the company to handle the growing wave of hardware disposal from Dublin’s hyperscale data centre cluster. When the servers that power Europe’s cloud infrastructure reach the end of […] This story continues at The Next Web Read more ›
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20.04.2026 10:32
Last update: 10:26 EDT.
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