Auto Added by WPeMatico
Jury selection begins Monday in Oakland federal court for the trial that will determine whether OpenAI’s conversion from a nonprofit to one of the most valuable companies in the world was a breach of charitable trust. Elon Musk, who co-founded OpenAI in 2015 and donated at least $38 million to it, is suing Sam Altman, […]
This story continues at The Next Web
Brockman’s diary called it a lie. Now a jury will hear it. Read More »
The Hangzhou startup released preview versions of both models on Hugging Face on Friday. V4-Pro claims top performance on coding and maths among open models, trails only Gemini 3.1-Pro for world knowledge, and falls “marginally short” of GPT-5.4 and Gemini 3.1-Pro, a gap DeepSeek says is “approximately 3 to 6 months.” Both models are open-source. […]
This story continues at The Next Web
DeepSeek returns with V4-Pro and V4-Flash, a year after its ‘Sputnik moment’ Read More »
The $25B programme has no expiration date and sits on top of a December 2024 authorisation that still had $6.8B remaining. Netflix’s board approved it on 22 April. Shares rose 1.5% in premarket trading on the news, after falling as much as 10.8% following the Q1 report on 16 April. Netflix’s board authorised an additional […]
This story continues at The Next Web
Netflix authorises $25 billion share buyback after stock falls 10% on Q1 earnings Read More »
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
Bain Capital seeks buyer for stake in Bridge Data Centres at $5 billion valuation Read More »
OpenAI is building a systems integrator channel for Codex, enlisting large consulting firms to carry the coding agent into organisations it cannot reach through direct sales. Cognizant and CGI are the first named SI partners in the programme, announced on the same day. Codex has grown 6x among ChatGPT Business and Enterprise users since January. […]
This story continues at The Next Web
OpenAI recruits Cognizant and CGI to take Codex into enterprise software shops worldwide Read More »
The Dublin and London-based fintech, founded by ex-Stripe and ex-Tide engineers, has processed over 100,000 transactions and 40,000 invoices across 80+ early customers. Its €7.5M seed round, led by 13books, brings total funding to €10M and opens the platform to any startup in the UK and Ireland. Seapoint, the AI-powered financial operations platform for startups, […]
This story continues at The Next Web
Seapoint raises €7.5M and opens to all UK and Irish founders Read More »
The “AI has killed software” narrative has a handful of very loud beneficiaries and a lot of quiet evidence against it. The companies that will survive the next five years are the ones that refuse to treat the hyperscalers as the new gods. Whenever I make an affirmation, I like to do my research first, […]
This story continues at The Next Web
Op-Ed: SaaS is not dead. You are just being sold the funeral Read More »
AI coding adoption is exploding. But most engineering leaders are still measuring usage instead of outcomes. That creates a costly blind spot. There is a question that nobody in the AI industry wants you to ask. Not OpenAI. Not Anthropic. Not Google. Not the dozens of startups selling AI coding agents to your engineering team. […]
This story continues at The Next Web
The question AI providers hope VPs of Engineering never ask Read More »
The ASX-listed data centre operator is raising A$1.5 billion in a fully underwritten equity offering and expanding its hybrid securities programme by A$700 million, with La Caisse de dépôt et placement du Québec now committed to a total of A$1.7 billion. The raise will fund accelerated development of the S4 Western Sydney campus, where contracted […]
This story continues at The Next Web
Australia’s NEXTDC launches A$2.2 billion capital plan Read More »
Post Telecom (with CleverCloud and OVHcloud), StackIT, Scaleway, and Proximus (with S3NS, a Thales – Google Cloud joint venture, plus Clarence and Mistral) have won the European Commission’s six-year sovereign cloud framework contract. The Proximus consortium’s inclusion signals that non-European technology can qualify as ‘sovereign’ under the Commission’s framework if operated within a sufficiently strict […]
This story continues at The Next Web
EU awards its €180 million sovereign cloud contract to four European providers Read More »