Next Featured

Auto Added by WPeMatico

Apollo and Blackstone shop a $36bn debt deal to buy Anthropic its chips

The way to read the latest Anthropic financing is to notice who is not borrowing the money. Apollo Global Management and Blackstone are arranging roughly $36 billion of debt, but the loan does not sit on Anthropic’s balance sheet. It buys chips, and the chips get leased back. The two firms are bringing additional investors […]

This story continues at The Next Web

Apollo and Blackstone shop a $36bn debt deal to buy Anthropic its chips Read More »

SpaceX has cut its IPO valuation target to $1.8 trillion as marketing begins next week

SpaceX is targeting a valuation of at least $1.8 trillion in its initial public offering, down from the $2 trillion-plus it was aiming for as recently as April, according to Bloomberg. The target was adjusted after consultations with advisers and investors, and could still move higher depending on feedback during the formal marketing period, which is […]

This story continues at The Next Web

SpaceX has cut its IPO valuation target to $1.8 trillion as marketing begins next week Read More »

Blue Origin’s New Glenn rocket exploded on the launch pad, destroying its only pad and threatening Amazon’s satellite deadline

Blue Origin’s New Glenn rocket exploded during a static fire test at Cape Canaveral Space Force Station on Thursday night, sending a fireball into the sky and destroying the vehicle along with critical launch pad infrastructure. The explosion occurred at approximately 9pm EDT as engineers were counting down to a brief test firing of the […]

This story continues at The Next Web

Blue Origin’s New Glenn rocket exploded on the launch pad, destroying its only pad and threatening Amazon’s satellite deadline Read More »

Anthropic’s Claude Opus 4.8 is its most honest AI model yet, and Mythos is coming in weeks

Anthropic has released Claude Opus 4.8, an upgrade to its flagship AI model that the company says is more honest, more reliable in agentic tasks, and better at catching its own mistakes. The model is available immediately at the same price as its predecessor, $5 per million input tokens and $25 per million output tokens, […]

This story continues at The Next Web

Anthropic’s Claude Opus 4.8 is its most honest AI model yet, and Mythos is coming in weeks Read More »

Oura’s Ring 5 is 40% smaller than its predecessor, and it arrives three days before a likely IPO filing

Oura has launched the Ring 5, a smart ring that is 40% smaller than its predecessor and, at 6.09mm wide and 2.29mm thick, is the smallest smart ring on the market. The ring weighs as little as 2 grams depending on size, down from the Ring 4’s 7.99mm width and 2.88mm thickness. Despite the shrinkage, […]

This story continues at The Next Web

Oura’s Ring 5 is 40% smaller than its predecessor, and it arrives three days before a likely IPO filing Read More »

Wix is cutting 20% of its workforce as a strong shekel and AI competition squeeze the website builder from both sides

Wix is laying off approximately 1,000 employees, roughly 20% of its workforce, in the largest round of cuts in the company’s history. CEO and co-founder Avishai Abrahami announced the decision on 28 May in a message posted publicly on X and sent simultaneously to all staff. He framed the restructuring as a company-wide change driven by two […]

This story continues at The Next Web

Wix is cutting 20% of its workforce as a strong shekel and AI competition squeeze the website builder from both sides Read More »

Meta sells AI subscriptions while OpenAI and xAI walk into the ad business

Meta’s $7.99-and-$19.99 chatbot tiers and OpenAI’s push into advertising mark the moment the AI revenue-model question becomes a cross-cutting collision. Meta’s decision to begin selling consumer subscriptions to its Meta AI chatbot at $7.99 and $19.99 a month, announced on Tuesday, lands at exactly the moment OpenAI and xAI are visibly moving the other way: into […]

This story continues at The Next Web

Meta sells AI subscriptions while OpenAI and xAI walk into the ad business Read More »

Mistral’s Arthur Mensch directly rebuts Pope Leo on AI in warfare

Three days after the Vatican called for AI to be ‘disarmed’, the Mistral CEO defended his company’s defence-AI work, arguing Europe cannot afford unilateral restraint. Arthur Mensch, the chief executive of French AI startup Mistral, pushed back directly on Thursday against Pope Leo XIV’s call to “disarm AI,” arguing that European companies cannot afford to […]

This story continues at The Next Web

Mistral’s Arthur Mensch directly rebuts Pope Leo on AI in warfare Read More »

Mistral launches Industrial Engineering AI with Airbus, BMW and EDF as headline customers

At its first annual conference in Paris, Mistral formally rolled out the physics-aware AI stack it built around the Emmi acquisition, with Airbus, BMW and EDF as launch customers. Mistral AI used its first annual conference in Paris on Thursday to formally launch “Mistral for Industrial Engineering,” a physics-aware AI stack pitched directly at heavy-industry […]

This story continues at The Next Web

Mistral launches Industrial Engineering AI with Airbus, BMW and EDF as headline customers Read More »

JD.com’s founder vows to protect 900,000 jobs from AI. His warehouse strategy says otherwise.

Liu Qiangdong’s pledge to safeguard JD.com’s workforce from automation sits uncomfortably with his own ‘unmanned era’ vision and a flagship warehouse already running on four employees. Liu Qiangdong, the founder of Chinese e-commerce giant JD.com, vowed in an internal speech this week to protect the company’s 900,000-strong workforce from AI and robotics, according to a […]

This story continues at The Next Web

JD.com’s founder vows to protect 900,000 jobs from AI. His warehouse strategy says otherwise. Read More »

Shopping Cart