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Altman, Amodei, and Hassabis are heading to the G7. The rivals have a lot to discuss.
The chief executives of the three most powerful artificial intelligence companies on Earth are about to sit in the same room as the leaders of the world’s seven largest advanced economies. OpenAI’s Sam Altman, Anthropic’s Dario Amodei, and Google DeepMind’s Demis Hassabis are all...
thenextweb.com | -223 mins agoAlibaba is offering $1.5 billion for China’s last big independent grocer. The bidding war with Meituan is on.
Alibaba Group is offering $1.5 billion to acquire Pupu, one of China’s last independent online grocery platforms, according to Bloomberg. The bid is more than double a $600 million proposal from Sun Art Retail, the former Alibaba affiliate now backed by private equity firm DCP Ca...
thenextweb.com | -215 mins agoInfineon is opening a €5 billion chip factory in Dresden. It is the EU Chips Act’s first major success.
Infineon Technologies is preparing to open its largest single investment, a €5 billion semiconductor factory on its Dresden campus, on 2 July. The Smart Power Fab, which received approximately €1 billion in EU Chips Act subsidies, will produce power semiconductors used in AI data...
thenextweb.com | -197 mins agoThe world’s top-selling robot vacuum maker is eyeing a Hong Kong IPO. It also wants to build a hypercar.
Dreame Technology, a Chinese maker of robotic vacuum cleaners, lawn mowers, and pool cleaners, is considering a Hong Kong initial public offering as soon as next year, according to Bloomberg. The company is working with advisers and could raise several hundred million dollars. Th...
thenextweb.com | -173 mins agoSpaceX raised $75 billion in the largest IPO in history. Japanese retail investors got $2.2 billion of it.
SpaceX begins trading on Nasdaq today under the ticker SPCX after raising $75 billion in the largest initial public offering ever completed. The previous record holder, Saudi Aramco’s 2019 listing, raised $29.4 billion, making SpaceX’s offering roughly 2.5 times larger. A regulat...
thenextweb.com | -147 mins agoEqual AI raised $30M to screen phone calls for Indians who get 20 spam calls a week
Equal AI, an Indian startup that built an AI assistant to answer phone calls on your behalf, has raised $30 million in a Series B led by Prosus Ventures and Tomales Bay Capital. Think Investments and Valiant Fund also participated, alongside individual investors including PhonePe...
thenextweb.com | -67 mins agoAnthropic is spending $150 million to embed 1,000 AI fellows inside nonprofits. No degree required.
Anthropic is donating $150 million to place 1,000 AI fellows inside nonprofit organisations across the United States. The programme, called Claude Corps, will pay early-career workers $85,000 plus benefits for a year-long placement where they help nonprofits use Claude more effec...
thenextweb.com | 8 hours agoShinyHunters breached 100+ companies through an unpatched Oracle PeopleSoft zero-day
Oracle warned customers on Thursday of a critical vulnerability in its PeopleSoft software that hackers have already exploited to breach more than 100 organisations. The flaw, CVE-2026-35273, carries a CVSS score of 9.8 and can be exploited over the internet without any authentic...
thenextweb.com | 9 hours agoAI needs judgment, not a job description: Michael Ronis on the future of recruitment
Artificial intelligence has been one of the most influential forces shaping recruitment in a global talent war. The volume of data companies can now access, the speed at which candidate pools can be filtered, and the complexity of searches that can be executed in minutes; these a...
thenextweb.com | 9 hours agoBluesky launches group chats and pivots to communities as growth stalls at 44.8 million users
Bluesky launched group chats on Thursday and outlined a broader pivot toward community features, a strategic shift for a social network that has so far focused on open public posting. Group chats support up to 50 people in the current release. The company says it may increase tha...
thenextweb.com | 10 hours agoThe latest technology makes laptops the new Number 1 form factor.Best sellers updated hourly.
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