The App Store is booming again, and AI may be why
New data from Appfigures shows a swell of new app launches in 2026, suggesting AI tools could be fueling a mobile software boom.
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Europe is pouring tens of billions of public money into VC. The hard part is making it work
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
Nvidia’s Huang warns DeepSeek running on Huawei chips would be ‘horrible’ for the US
In short: Nvidia CEO Jensen Huang warned on the Dwarkesh Podcast that DeepSeek optimising its AI models for Huawei’s Ascend chips instead of American hardware would be “a horrible outcome” for the United States, as the Chinese AI lab prepares to launch its V4 foundation model on Huawei’s Ascend 950PR processor. The migration from Nvidia’s […]This story continues at The Next Web
Anthropic’s Amodei meets Wiles and Bessent at the White House in first step toward resolving Mythos standoff
In short: Anthropic CEO Dario Amodei met White House Chief of Staff Susie Wiles and Treasury Secretary Scott Bessent on Friday in what the White House called “productive and constructive” talks over access to Mythos, the frontier AI model capable of finding thousands of zero-day vulnerabilities. The meeting signals a thaw in the standoff that […]This story continues at The Next Web
Palantir, Thales, and a startup are competing to build the FAA’s predictive air traffic AI
In short: The FAA is developing SMART (Strategic Management of Airspace Routing Trajectories), an AI system that would extend air traffic conflict prediction from 15 minutes to two hours, with Palantir, Thales, and Air Space Intelligence competing for the contract. The project follows the LaGuardia crash that exposed controller overwork and aging systems, and sits […]This story continues at The Next Web
Cursor is raising $2 billion at a $50 billion valuation as AI coding tools become the fastest-growing software category
In short: AI coding startup Cursor (Anysphere) is in talks to raise at least $2 billion at a $50 billion valuation, co-led by Andreessen Horowitz, Thrive Capital, and Nvidia, nearly doubling its November 2025 valuation of $29.3 billion. The company has grown from zero to $2 billion ARR in three years – the fastest B2B […]This story continues at The Next Web
Three more senior executives leave OpenAI as the company kills its side quests
Summary: Three senior OpenAI executives, former CPO Kevin Weil, Sora head Bill Peebles, and enterprise CTO Srinivas Narayanan – departed on the same day as the company shuts down “side quests” including Sora (discontinuing 26 April) and dismantles OpenAI for Science. The exits continue a two-year pattern that has seen only 2 of 11 co-founders […]This story continues at The Next Web
NVIDIA didn’t invest in Xanadu, but it made its CEO a billionaire anyway
Christian Weedbrook, the founder and CEO of Toronto-based Xanadu Quantum Technologies, became a billionaire this week without NVIDIA investing a single dollar in his company. His 46.4 million multiple-voting shares were worth approximately $1.5 billion as of midday Friday, after Xanadu’s stock surged nearly fivefold in six trading sessions. The catalyst was not anything Xanadu […]This story continues at The Next Web
Once close enough for an acquisition, Stripe and Airwallex are now going after each other
For most of its life, Airwallex and Stripe have mostly operated in different geographies, selling to different buyers. That's changing.
Who Is Actually Buying the Cybertruck? New Data Shows That It’s Often Elon Musk
Registration data reveals that nearly one in five Cybertrucks sold last quarter went to companies Musk already owns, ...
Tesla’s Cybertruck Sales Have Been Bolstered by Elon Musk’s SpaceX and Other Companies
Tesla Cybertruck recent sales don’t appear to be as strong as previously thought. The polarizing pickup’s sales numbers have ...
Elon Musk Drops Design for AI5 Chip, Gives Shoutout to Samsung
A single reveal can reshape an industry, and a recent announcement did exactly that, pulling engineers, investors, and competitors in all at once. Elon Musk pulled back the curtain on Tesla’s AI5 chip design, an intersection of ambition and silicon. However, the announcement came paired with a public nod to Samsung’s collaboration on the project. […] The post Elon Musk Drops Design for AI5 Chip, Gives Shoutout to Samsung appeared first on GameRevolution.
Elon Musk demands banks that want to advise on SpaceX’s blockbuster IPO must buy subscriptions to his AI chatbot, Grok, report says
In an unorthodox move, Elon Musk is making banks involved in SpaceX's initial public offering (IPO) sign up for Grok, X's AI ...
Pentagon Disturbed as Its Fleet of Drones Is Left Bobbing in the Ocean When Elon Musk’s Starlink Fails
"Starlink reliance exposed limitations under multiple-vehicle load." The post Pentagon Disturbed as Its Fleet of Drones Is ...
Elon Musk backs ‘universal high income’ to combat AI job losses
Economists push back on Elon Musk's universal high income proposal, warning it could bankrupt governments and fail to prevent ...
Elon Musk calls for government cash to counter AI job losses
Elon Musk is calling for the government to guarantee "Universal HIGH INCOME" for Americans to offset looming job losses caused by artificial intelligence.
Elon Musk touts universal income as remedy to AI-driven unemployment
Musk’s comments follow rival company OpenAI’s industrial policy proposal released earlier this week that calls for an ...
Sam Altman’s project World looks to scale its human verification empire. First stop: Tinder.
World, which has raised eyebrows (but also a lot of interest) with its Orb-centered anonymous verification project, is looking to expand its influence via a bevy of new partnerships.
Kevin Weil and Bill Peebles exit OpenAI as company continues to shed ‘side quests’
Kevin Weil and Bill Peebles are leaving OpenAI as the company shuts down Sora and folds its science team, signaling a sharp pivot away from consumer moonshots toward enterprise AI.
Man who hacked US Supreme Court filing system sentenced to probation
Nicholas Moore hacked into three U.S. government networks using stolen credentials, and then bragged about it and posted victims' personal data on Instagram under the handle @ihackedthegovernment.