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Norway’s $2.2 trillion sovereign wealth fund posts a 1.9% loss in Q1 2026

The world’s largest sovereign wealth fund lost NOK636 billion ($68 billion) in investment returns in the first quarter, driven by the equity slide among large US technology companies. The S&P 500 posted its deepest quarterly decline since 2022. The fund marginally outperformed its benchmark. Norges Bank Investment Management (NBIM), which manages Norway’s Government Pension Fund […]This story continues at The Next Web

Belfast’s Cloudsmith raises $72M Series C to secure the AI-generated software supply chain

TCV led the Series B one year ago and now doubles down on the Series C. Insight Partners also returns. The thesis: AI coding agents are generating software so fast and at such volume that human code review is no longer sufficient, and enterprise artifact management must function as the primary control and security layer. […]This story continues at The Next Web

BT, Nscale, and Nvidia announce UK sovereign AI partnership

Nscale will construct the data centres at existing BT infrastructure sites; BT will provide connectivity. Both companies are founding members of the new UK Sovereign AI Industry Forum. The deal deepens Nscale’s position as a central plank of the UK government’s national AI infrastructure strategy. BT Group and Nscale announced on 23 April 2026 that […]This story continues at The Next Web

Tesla raises 2026 capex to $25 billion

The company will go negative on free cash flow for the rest of 2026, CFO Vaibhav Taneja confirmed. But Q1 delivered an unexpected $1.4 billion positive free cash flow beat, and Tesla ended the quarter with $44.7 billion in cash. The capex uplift from $20B to $25B is a $5 billion revision to guidance issued […]This story continues at The Next Web

Elon Musk makes massive call over robot future

Tesla’s shift from electric cars to high-tech robots is set to go into overdrive, with Elon Musk telling investors the ...

Elon Musk says he’ll use Intel’s 14A chip technology for his ‘Terafab’

Billionaire Elon Musk said Wednesday he plans to use Intel’s forthcoming 14A manufacturing technology to make chips in his ...

Elon Musk has a shocking message on AI and robots

Elon Musk says federal universal high income is the best fix for AI job losses. Economists say it will bankrupt governments.

Elon Musk, Charlie Kirk warnings resurface after SPLC federal indictment

Elon Musk called the SPLC an "evil organization" and Charlie Kirk labeled it a "hate group" before the DOJ indicted the ...

Elon Musk admits millions of Tesla owners need upgrades for true ‘Full Self-Driving’

The admission could open Tesla to legal challenges after it spent years promising customers they were just one software ...

Elon Musk Details FSD Upgrades, Slowed Robotaxi Rollout

FSD and Robotaxi will be a lot slower to roll out than promised earlier. A few details were given on upgrading older HW3 cars to use FSD, once it works.

Elizabeth Warren Accuses Trump Of Letting Elon Musk's SpaceX Off The Hook For Illegally Firing Workers: 'I'm Pressing For Answers'

Sen. Elizabeth Warren (D-Mass.) said Monday she will keep pressing the National Labor Relations Board for answers after it dropped charges against Elon Musk's SpaceX over the firing of engineers who had criticized Musk, framing the move as a possible example of political favoritism toward a powerful federal contractor and Trump ally. Warren Questions Why The Case Vanished In a post on X, the Massachusetts Democrat wrote, "In 2022, SpaceX was charged with illegally firing workers who spoke out ag

Microsoft commits A$25 billion to Australia by 2029

The investment is Microsoft’s largest-ever in Australia and builds on an A$5 billion commitment from October 2023. It includes expanding Azure AI supercomputing capacity by more than 140%, extending the Microsoft-ASD Cyber-Shield to additional government agencies, and training three million Australians in AI skills by 2028. Microsoft has announced A$25 billion (approximately USD 18 billion) […]This story continues at The Next Web

Bain Capital seeks buyer for stake in Bridge Data Centres at $5 billion valuation

Sources tell Reuters that Bain is looking to sell a stake in BDC, Singapore-headquartered, with nine data centres across Malaysia, Thailand, and India, at a $5 billion valuation. Citi and JPMorgan are running the process. ByteDance is the anchor tenant. No deal has been agreed and talks are preliminary. Bain Capital is seeking a buyer […]This story continues at The Next Web

Decade Energy raises €22M to build power infrastructure for electric truck depots across Europe

The round is split between €16M from Eiffel Investment Group for project deployment and €6M led by SET Ventures for product and expansion, alongside existing investors Ananda Impact Ventures and Contrarian Ventures. The company targets 100MW+ of BESS projects across France, with Germany, the Nordics, and Poland to follow. Decade Energy, the Paris-based company building […]This story continues at The Next Web

French satellite startup Univity raises €27M Series A

Founded in 2022 and formerly called Constellation Technologies & Operations, Univity is targeting a constellation of at least 1,600 satellites in very low Earth orbit, using telecom operators’ own 5G mmWave spectrum rather than competing with them. The Series A takes total financing to €68M across equity, debt, subsidies and contract revenues. Univity, the Paris-based […]This story continues at The Next Web

India’s app market is booming — but global platforms are capturing most of the gains

Non-gaming apps, led by streaming and AI, are driving growth, even as India's spending per user lags global peers.

Shade lands $14M to let creative teams search their video libraries in plain English

Shade has its own filesystem that lets you "stream" files directly to your local drive

Tesla just increased its spending plan to $25B — here’s where the money is going

Tesla's planned capex for 2026 is three times higher than what the company has historically spent. Its CFO said, as a result, Tesla will have a negative free cash flow the rest of the year.

OpenAI unveils Workspace Agents, a successor to custom GPTs for enterprises that can plug directly into Slack, Salesforce and more

OpenAI introduced a new paradigm and product today that is likely to have huge implications for enterprises seeking to adopt and control fleets of AI agent workers.Called "Workspace Agents," OpenAI's new offering essentially allows users on its ChatGPT Business ($20 per user per month) and variably priced Enterprise, Edu and Teachers subscription plans to design or select from pre-existing agent templates that can take on work tasks across third-party apps and data sources includi

Google updates Workspace to make AI your new office intern

Google has introduced a host of new automated functions into Workspace, all of which are driven by Workspace Intelligence, its new AI system.