Insider

Auto Added by WPeMatico

NVIDIA takes $2.1bn warrant in IREN as part of 5GW AI data-centre deal

NVIDIA will invest up to $2.1bn in IREN as part of a deal that pairs the chipmaker’s reference architecture with the data-centre operator’s 5-gigawatt infrastructure pipeline. The two companies announced the partnership on Thursday. The structure is unusual. Rather than a straight equity round, IREN has issued Nvidia a five-year warrant for up to 30 […]

This story continues at The Next Web

NVIDIA takes $2.1bn warrant in IREN as part of 5GW AI data-centre deal Read More »

Silex Microsystems shares soar on Stockholm debut as MEMS foundry IPO clears at SEK 8.9bn EV

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

Silex Microsystems shares soar on Stockholm debut as MEMS foundry IPO clears at SEK 8.9bn EV Read More »

Corgi reaches a $1.3bn valuation four months after its Series A, with TCV leading a $160m round

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

Corgi reaches a $1.3bn valuation four months after its Series A, with TCV leading a $160m round Read More »

Ukraine says robots seized enemy territory for the first time. The company behind them is now worth a billion dollars.

In April, Ukrainian President Volodymyr Zelensky announced that his forces had, for the first time in the history of warfare, seized an enemy position using only unmanned systems. No infantry. No human soldiers entering the contested ground. Drones and ground robots identified the target, suppressed defensive fire, and captured the position without a single Ukrainian […]

This story continues at The Next Web

Ukraine says robots seized enemy territory for the first time. The company behind them is now worth a billion dollars. Read More »

Uber missed its revenue target. The stock jumped 10 per cent. Wall Street is pricing a different company.

Uber missed its revenue estimate on Tuesday. The stock jumped 10 per cent. The divergence between the number Wall Street expected and the number the market rewarded tells the story of a company that has crossed a threshold: Uber is no longer being priced as a ride-hailing business that also delivers food. It is being […]

This story continues at The Next Web

Uber missed its revenue target. The stock jumped 10 per cent. Wall Street is pricing a different company. Read More »

SpaceX files for a $55bn Texas semiconductor fab, with combined chipmaking investment reaching $119bn

The Terafab project sits alongside the existing Bastrop packaging operation. Combined, the two facilities could anchor a $119bn Texas chipmaking footprint. SpaceX has not yet disclosed the process technology Terafab will run, or the construction timeline. SpaceX has filed paperwork for a semiconductor fabrication facility in rural Texas with a planned investment of approximately $55bn. […]

This story continues at The Next Web

SpaceX files for a $55bn Texas semiconductor fab, with combined chipmaking investment reaching $119bn Read More »

Intel is bringing a chip to every computing category at Computex. The last time it could do that, it was the company everyone was trying to catch.

Intel will arrive at Computex 2026 in Taipei on 2 June with something it has not had in a decade: a product in every computing category built on a single manufacturing story. Panther Lake, the laptop chip launched at CES in January, is expanding to handhelds with Arc G3 and Arc G3 Extreme processors designed […]

This story continues at The Next Web

Intel is bringing a chip to every computing category at Computex. The last time it could do that, it was the company everyone was trying to catch. Read More »

AI-native spending surged 94 per cent. Traditional SaaS grew at eight. The enterprise software industry is watching the clock.

The enterprise software industry spent two decades selling seats. Buy a licence for every employee who needs access, multiply by the number of employees, and the revenue model was as predictable as the quarterly earnings calls that reported it. Then AI agents arrived, and the arithmetic broke. In the first quarter of 2026, AI-native spending […]

This story continues at The Next Web

AI-native spending surged 94 per cent. Traditional SaaS grew at eight. The enterprise software industry is watching the clock. Read More »

The designer whose Tropicana rebrand crashed sales 20 per cent is now branding the US government. He has two months.

The United States government now has a chief brand architect. Peter Arnell, the designer whose four-decade career includes creating the DKNY brand identity, redesigning the Pepsi logo in a project accompanied by a 27-page strategy document that referenced the Mona Lisa and the Parthenon, and overseeing the Tropicana packaging redesign that caused a 20 per […]

This story continues at The Next Web

The designer whose Tropicana rebrand crashed sales 20 per cent is now branding the US government. He has two months. Read More »

He carried a kill list of AI CEOs and a jug of kerosene. His lawyer called it a property crime. The charges carry life in prison.

Daniel Moreno-Gama, the 20-year-old accused of throwing a Molotov cocktail at the San Francisco home of OpenAI CEO Sam Altman and then walking three miles to OpenAI’s headquarters to threaten to burn the building down, pleaded not guilty on Tuesday to two counts of attempted murder and nine other state charges. Moreno-Gama, wearing an orange […]

This story continues at The Next Web

He carried a kill list of AI CEOs and a jug of kerosene. His lawyer called it a property crime. The charges carry life in prison. Read More »

Shopping Cart