Silicon Valley has spent more than 25 million dollars trying to make one of its own the next governor of California. The candidate is polling at four per cent. The June 2 primary is less than four weeks away. And the most instructive thing about the campaign of Matt Mahan, the 43-year-old mayor of San […]This story continues at The Next Web
Spotify's AI DJ feature now supports French, German, Italian, and Brazilian Portuguese.
The future of automotive retail may depend less on isolated AI tools and more on orchestration systems that connect every part of the buyer journey. BadCo.AI views the future of car buying as a rapidly evolving ecosystem shaped by connected technologies and rising consumer expectations. It observes that AI orchestration layers are emerging as a […]This story continues at The Next Web
The two conglomerates are funding separate R&D centres focused on next-generation battery chemistries and advanced EV systems. The investment is a hedge: both groups currently buy critical battery components from Chinese suppliers and want options when Beijing tightens export rules again. India’s two largest steel-and-everything-else conglomerates are putting close to $1bn behind a question that […]This story continues at The Next Web
Amazon Fresh and the local fulfilment network shut on 6 July. A small number of Singapore roles go with them. AWS, retail, and Global Selling stay; the bet is that Singaporean shoppers want US, Japanese, and German catalogues, not local replenishment. Amazon is closing Amazon Fresh in Singapore and shutting down its local fulfilment operations, […]This story continues at The Next Web
The London company building silicon-CMOS spin qubits has been one of the cleaner technical credentials in European quantum hardware. The choice of investee for the EU’s first major late-stage venture commitment, announced post-Brexit, is itself the news. The European Union’s new Scaleup Europe Fund has made its first investment, leading a $160m round in UK-based […]This story continues at The Next Web
After two failed trilogues, Parliament and Council finally landed a compromise that pushes the high-risk compliance deadline to December 2027, lightens paperwork for smaller firms, and writes a long-promised ban on non-consensual intimate imagery into Europe’s flagship AI law. The European Commission confirmed on Wednesday that negotiators from the Parliament and the Council had finally […]This story continues at The Next Web
The Bure Equity- and Creades-backed pure-play MEMS foundry priced at SEK 81 per share, with the offering oversubscribed several times. Cornerstone investors, including Capital Research, Fidelity, AFA, AP2, AP3, AP4, Swedbank Robur, and Carnegie, took roughly three-quarters of the deal. Silex Microsystems opened sharply higher on its Nasdaq Stockholm debut on Wednesday, with the chipmaker’s […]This story continues at The Next Web
On 10–11 June, the Grand Duchy hosts the third edition of its flagship tech summit, weeks before the EU AI Act’s most consequential provisions enter into force. Here is what the event has become, and why it matters this year in particular. Luxembourg, with a population smaller than Manchester’s and an outsized role in European […]This story continues at The Next Web
GIC and BlackRock-managed funds anchor a fresh round that more than doubles the company’s 2023 valuation. The round is timed to the planned orbital launch of Vikram-1 from Sriharikota, the first private Indian rocket to attempt the milestone. Skyroot Aerospace, the Hyderabad-based private launch-vehicle developer, has crossed into unicorn territory with a fresh round backed […]This story continues at The Next Web
Meituan Dragon Ball is leading a $2bn round in the Beijing-based maker of the Kimi chatbot, with China Mobile and CITIC Private Equity Funds participating. The valuation is roughly seven times the figure Moonshot carried sixteen months ago. Moonshot AI, the Beijing-based developer of the Kimi chatbot, is closing a $2bn funding round at a […]This story continues at The Next Web
The Y Combinator-backed AI-native insurance carrier closed its Series A in January at a $630m valuation. The Series B doubles that figure and funds expansion beyond startup insurance into trucking, where the company says quoting and risk modelling can be similarly compressed. Corgi, a Y Combinator-backed AI-native insurance carrier built for startups, has raised a […]This story continues at The Next Web
Earlier this week, five people who touch every layer of the AI supply chain sat down at the Milken Global Conference in Beverly Hills, where they talked with TechCrunch about everything from chip shortages to orbital data centers to the possibility that the whole architecture that undergirds the tech is wrong.
IRIS led the Paris- and London-based startup’s round, with BGV joining alongside existing investors Serena and Partech. The company’s Infrahub platform is in production at TikTok and at one European cloud provider that says it has cut deployment times from five days to fifteen minutes. OpsMill, the Paris-headquartered infrastructure data management company, has raised $14m […]This story continues at The Next Web
The Voi co-founder, Adam Jafer, is the chief executive. Lakestar joined a16z on the round, with strategic angels from OpenAI, Anthropic, Google, Deel, and Revolut. Early customers, including Voi, Tre, Stena Recycling, and Kry, are reporting deployment timelines of days to weeks. Pit, a Stockholm-based AI-native software platform for enterprise operations, has launched publicly with […]This story continues at The Next Web
According to Anthropic, the deal will allow it to crank back up some of the rate limits it has been throttling in recent weeks. In a press release, the company said it will double Claude Code’s ...
Louisiana lawmakers are incentivizing aerospace companies to set up operations in the state. Is Elon Musk planning to build a SpaceX center? What we know.
Shivon Zilis, Elon Musk’s romantic partner and the mother of four of his children, testified Wednesday in his explosive lawsuit against OpenAI – fielding questions about whether she “funneled” information to Musk while she was sitting on OpenAI’s board.
Elon Musk and Sam Altman, both co-founders of OpenAI, are currently in court as Musk is accusing Altman of abandoning an ...
Elon Musk will pay the massive fine to settle a long-running Securities and Exchange Commission lawsuit over his 2022 acquisition of Twitter. The deal resolves allegations that Musk delayed disclosing his initial stake in the company.