Microsoft has not ruled out spinning off its Xbox division into a separate company. The Information reported that options under consideration include turning Xbox into a wholly owned subsidiary, forming a joint venture with outside partners, or selling the business outright. No decision is imminent, but new Xbox CEO Asha Sharma and Microsoft CEO Satya […] This story continues at The Next Web Read more ›
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Kandou AI, a Swiss semiconductor company that builds chip-to-chip interconnect technology, has raised $225 million in what it calls a Series A round, led by Maverick Silicon with strategic participation from SoftBank, Synopsys, Cadence Design Systems, and Alchip Technologies. The round values the company at $400 million. The label is worth pausing on: Kandou was […] This story continues at The Next Web Read more ›
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The class of 2025 graduated into the worst entry-level job market in five years. Now a growing number of them are using AI tools during live job interviews, and a cottage industry of startups is rushing to sell them the means to do it. Whether that constitutes cheating or common sense depends on which side […] This story continues at The Next Web Read more ›
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Company establishes dominant position on world’s largest retail platform while building multi-channel distribution strategy Innovative Eyewear, Inc. (NASDAQ: LUCY) has emerged as the clear category leader in the rapidly growing smart safety glasses segment, capturing approximately 44% market share on Amazon.com according to recent market analysis. This dominant position on the world’s most popular retail […] This story continues at The Next Web Read more ›
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Meta disclosed in SEC filings on Tuesday that it had granted stock options to six of its most senior executives, the first such awards since the company’s 2012 IPO. Hours later, it laid off approximately 700 employees across Reality Labs, recruiting, sales, and Facebook. The options are worthless unless Meta’s market capitalisation reaches $9 trillion […] This story continues at The Next Web Read more ›
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The Swedish deeptech company has signed a Grant Agreement with the European Commission under the EU Innovation Fund, unlocking €40.3M of a €83M project to expand its Tibro plant to 23,000 tonnes per year capacity by 2030. The material is already NATO-approved and shipping to customers in construction, defence, electronics and transport. PaperShell makes a […] This story continues at The Next Web Read more ›
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The unsecured facility, arranged with JPMorgan Chase, Goldman Sachs, Mizuho, SMBC and MUFG, matures in March 2027. Once SoftBank’s $30B follow-on investment in OpenAI closes, its cumulative stake will total approximately $64.6B, representing roughly 13% of the company. Masayoshi Son has never been accused of thinking small, but the pace and scale of his bet […] This story continues at The Next Web Read more ›
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Andy Shovel and Pete Sharman, who built THIS into a market-leading plant-based food brand, are pivoting hard. Keith is an AI-native regulated law firm targeting conveyancing first, with a 24/7 AI client agent and a target of reducing transaction times by 70%. Launch is Q3 2026. Andy Shovel’s previous company sold plant-based bacon and chicken. […] This story continues at The Next Web Read more ›
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Most marketing platforms promise automation. In practice, what they deliver is a glorified email scheduler with a few if-then rules bolted on. ActiveCampaign is one of the few tools where the automation actually lives up to the branding, and right now you can test the full platform free for 14 days with no credit card […] This story continues at The Next Web Read more ›
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Isara, a San Francisco startup that is building software to coordinate thousands of AI agents on complex analytical tasks, has raised $94 million at a $650 million valuation, with OpenAI among the investors. The company was founded nine months ago by two 23-year-olds. It has no product in market. The round was first reported by […] This story continues at The Next Web Read more ›
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Spain’s largest life sciences VC is moving upstream with InceptionBio, its first fund dedicated to the riskiest stage of biotech: company creation from university and research centre spinouts. CDTI is an anchor LP. The target is at least three new companies in 2026. The hardest part of turning academic science into a biotech company is […] This story continues at The Next Web Read more ›
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The Dutch biotech’s SureTACs platform targets membrane proteins that have long eluded conventional drug discovery by engineering them out of existence rather than blocking them. Biovance Capital joins as new co-lead alongside Kurma Partners in a final close that brings the oversubscribed seed round to €17 million. Most drugs work by blocking proteins. They attach […] This story continues at The Next Web Read more ›
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The Munich startup’s demo plant at Chemical Park Gendorf in Bavaria processes 1,500 tonnes of battery waste a year and produces 100 tonnes of high-purity lithium carbonate, at costs the company says are twice as competitive as conventional miners. A full-scale facility capable of 45,000 tonnes per year is planned for 2030. Europe has a […] This story continues at The Next Web Read more ›
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OpenAI has shelved its plans to add an erotic “adult mode” to ChatGPT indefinitely, the Financial Times reported on Wednesday, capping a five-month saga in which the feature was announced with confidence, delayed twice, and ultimately abandoned after pushback from staff, advisors, and investors. The retreat is the third major product reversal for OpenAI in […] This story continues at The Next Web Read more ›
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Blossom Health, a New York-based telepsychiatry startup founded in 2024, has raised $20 million in combined seed and Series A funding to scale an AI-powered platform that pairs psychiatrists with clinical copilots and automated administrative support. The round was led by Headline, whose co-founder and managing partner Mathias Schilling is joining the company’s board. Village […] This story continues at The Next Web Read more ›
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Most organizations are not failing at AI because of technology. They are failing because they do not know which data actually matters, and they are scaling that confusion faster than ever. At a time when investment continues to surge, the expectation is that more intelligence will naturally follow. Instead, many teams are finding themselves overwhelmed. […] This story continues at The Next Web Read more ›
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Xero, the New Zealand-founded accounting platform used by 4.6 million subscribers worldwide, announced on Wednesday a multi-year partnership with Anthropic that will embed Claude directly into its product and, more unusually, bring Xero’s financial data into Claude.ai itself. The deal means small business owners will be able to ask Claude questions about their cash flow, […] This story continues at The Next Web Read more ›
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Shield AI, the San Diego defence technology company behind the autonomous pilot system Hivemind, announced on Wednesday that it has raised $2 billion in combined funding at a $12.7 billion valuation. The company will use part of the proceeds to acquire Aechelon Technology, a simulation platform that supports the Pentagon’s Joint Simulation Environment. The raise […] This story continues at The Next Web Read more ›
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If you have ever spent weeks preparing for a compliance audit, manually collecting evidence across spreadsheets, chasing colleagues for policy sign-offs, and wondering whether your controls actually hold up under scrutiny, you already know the problem. Compliance is necessary. The way most companies do it is not. This article contains affiliate links. If you make […] This story continues at The Next Web Read more ›
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The London-based personalised supplement startup, which uses blood biomarker data to formulate individual supplement regimens, will be integrated into Herbalife’s 95-market network. The $55M guaranteed price is paid over five years; up to $95M in additional contingent payments takes the total to $150M. Herbalife has been searching for a credible data-driven answer to the personalisation […] This story continues at The Next Web Read more ›
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The Cambridge-based AI company, founded by a former Amazon Alexa research scientist, builds a self-learning economic map that models companies as multidimensional entities rather than forcing them into a single bucket. MiddleGame Ventures led; Unusual Ventures returned. Amazon is not a retailer. It is also a cloud computing provider, a logistics operator, an advertising network, […] This story continues at The Next Web Read more ›
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16.06.2026 06:08
Last update: 06:00 EDT.
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