SpaceX is hiring a natural gas trader. The company wants someone to build and lead a trading team for its own fuel and power needs, according to Bloomberg. Julian Hast, who covers US gas markets from Houston, spotted the job on Friday. The role “focuses on physical and financial natural gas trading”, the posting says. […]
This story continues at The Next Web
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-
SpaceX is hiring a natural gas trader for its rockets and chips
via thenextweb.com
-
Alice raises $140mn to stress-test the models Anthropic and Google ship
via thenextweb.com
One company spent eight years cataloguing the worst material on the internet. It has now raised $140mn to point that archive at AI models. Alice, formerly ActiveFence, announced the round on Tuesday. Apax Digital Funds led it, and will take a board seat. Total funding now stands at $280mn. The announcement names MoreTech and Phoenix […]
This story continues at The Next Web -
Anthropic is expected to pitch investors a $30tn market opportunity
via thenextweb.com
Anthropic is likely to tell IPO investors that its potential revenue opportunity runs above $30tn. That figure would top the $28.5tn SpaceX put in front of investors before its own record listing. Corrie Driebusch reported the number for The Wall Street Journal, citing people familiar with the matter. Companies going public estimate a total addressable […]
This story continues at The Next Web -
SpaceX plans a $100B spaceport built for thousands of launches a year
via thenextweb.com
SpaceX has announced plans to spend up to $100bn on a launch facility in Vermilion Parish, Louisiana, intended to support thousands of launches annually and become the main site for Starship. Arianespace is targeting six to eight Ariane 6 launches this year. SpaceX has picked where Starship will mostly fly from, and it is Louisiana. […]
This story continues at The Next Web -
Emerald AI raises $150mn at a $1.05bn valuation to flex data centre power
via thenextweb.com
A two-year-old company is now worth $1.05bn. It writes software that makes data centres use less electricity on demand. Emerald AI raised $150mn in an oversubscribed Series A, the company announced on Tuesday. Energize Capital and DCVC co-led it, and the round takes total funding past $220mn. The investor list is the tell. Nvidia, Siemens, […]
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Stability AI raises $76mn from Universal, Warner, Sony Music and EA
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The world’s three largest record companies have bought equity in a generative AI company. Universal Music Group, Warner Music Group and Sony Music Group are all new investors in Stability AI’s $76mn Series B. The company announced the round on Tuesday. The games publisher Electronic Arts joined it, alongside AMD Ventures and Pacific Alliance Ventures. […]
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AI firms debate connecting test sandboxes to the internet after breaches
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After AI models from at least three companies reached the open internet and breached real organisations during testing, security specialists are debating whether test sandboxes should have controlled internet access. Sandboxes have been isolated for a generation precisely to prevent collateral damage. The industry’s response to AI models escaping their test environments may be to […]
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Unitree shares fall 45% from their debut peak, wiping out $30bn
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Unitree’s shares have fallen roughly 45% from the peak they hit on their first day of trading in Shanghai. The slide has turned a national success story into an argument about how China prices its listings. The stock steadied on Tuesday after three consecutive days of decline, Reuters reported. The valuation of the Hangzhou humanoid […]
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Apple unveils M6 and M5 Ultra chips with a big jump in AI performance
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Apple has introduced the M6 in a new Mac mini and the M5 Ultra in a new Mac Studio, its first 2nm chip and its first quad-die M-series design respectively. The M5 Ultra supports up to 512GB of unified memory at 1.2TB/s. The Mac mini question is settled. TNW reported this morning that it was […]
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Parents can now watch their teen’s Uber ride live, through the driver’s phone
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Uber is rolling out live video streaming of teen rides in the US, using the driver’s phone as the camera and sending the feed to linked parent accounts. Other passengers in the car appear on the stream and are given no way to opt out. Uber is putting a camera in the car, and it […]
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OpenAI’s Jalapeno chip outperformed the GB300 on power and speed, according to OpenAI
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OpenAI says its Jalapeno inference chip, developed with Broadcom, outperformed Nvidia’s GB300 on AI work per unit of power and on response speed. It was not tested against Nvidia’s newer Vera Rubin hardware and is not designed for training. OpenAI has published numbers for the chip it built to need Nvidia less. It says Jalapeno, […]
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Xiaomi unveils custom 3nm chip for intelligent driving
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Xiaomi has unveiled the Xring D100, an in-house 3nm chip for intelligent driving that will replace Nvidia hardware in its cars from 2027. The company has invested more than 21bn yuan, about $3.1bn, since restarting its chip programme. Xiaomi is designing Nvidia out of its cars. The company has unveiled the Xring D100, an in-house […]
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Waymo is coming to Munich, with commercial service targeted for late 2027
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Waymo has announced it is laying the groundwork for autonomous ride-hailing in Munich, starting with high-definition mapping and manual driving in the coming weeks. It aims to open a commercial service to the public toward the end of 2027. Munich is getting robotaxis, though not for a while. Waymo says it is laying the groundwork […]
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A robot that takes blood could be the best AI health story of 2026
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One minute and 49 seconds, that was the median time a machine needed to read a patient’s arm, choose a vein, insert a needle, fill the tubes, and withdraw, across the Dutch clinical trial that carried it towards regulators. A phlebotomist working carefully takes roughly five minutes, by the company’s own reckoning. Nothing about the […]
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Hivemind raises $17M from M&G as asset managers test tokenisation
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Hivemind Digital Group has completed a $17mn strategic funding round led by M&G Investments, the asset management arm of the British savings and investment group that ran £371bn of assets at the end of March. The round gives M&G a seat on Hivemind’s board and a position in a firm whose business sits between conventional […]
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Scalable Capital connects €60bn of client assets to outside AI assistants
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Scalable Capital has opened its investment platform to ChatGPT and Claude, allowing its clients to analyse their portfolios and place trades through the two AI assistants rather than through the broker’s own app. The Munich company says it is the first European bank to do this, and it arrives as the industry works out what […]
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UK digital infrastructure investment hit £11.2bn in 2025
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Britain’s businesses put £11.2bn into digital infrastructure last year, roughly three times what the official measure had been reporting. The jump in UK digital infrastructure investment did not come from a building spree. Almost none of the difference is new money. The Office for National Statistics changed what counts on Monday. What the ONS actually […]
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Liner raises $36.1M to take its evidence-first AI search to enterprise customers
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Liner, a South Korean AI search startup, has raised $36.1 million in Series C funding as it seeks to turn its consumer research platform used by millions into an enterprise AI business. LB Investment led the Series C round, joined by returning investors InterVest, Atinum Investment and CJ Investment. New funding participants included Korea Development […]
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China called off its ice-hunting Moon shot a day before launch
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China called off its most ambitious Moon mission the day before it was due to fly. The announcement runs to a single sentence. Chang’e 7 does not meet the conditions for launch, the China Manned Space Agency said on Sunday. It cannot go ahead in this year’s scheduled window. It gave no reason. What the […]
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An Australian court has found eHarmony misled users over what its memberships cost
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Australia’s Federal Court has found that eHarmony misled consumers about the cost and terms of its dating memberships, in a case the competition regulator brought after receiving hundreds of complaints. The findings read as a catalogue of the design choices regulators now call dark patterns, applied to a subscription that renewed automatically at a much […]
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Southeast Asia is planning four times the data centre capacity it runs
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Southeast Asia has 306 data centres running and 173 more in the pipeline, according to figures published on Tuesday. The capacity being planned is nearly four times what is already operating. Southeast Asia data centre investment will rise from $15.72bn in 2025 to $35.08bn by 2031, according to Arizton. The Chicago research firm puts that […]
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Fresh from €1.2bn, NEURA buys its second company in eleven days
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NEURA Robotics is buying a company that makes cleaning robots, and says it wants to replace their brains. The German firm is acquiring 100% of Adlatus Robotics, an Ulm maker of autonomous cleaning and sweeping machines. It announced the deal on Monday, datelined Stuttgart, Hamburg and Ulm. Neither company disclosed a price. What Adlatus already […]
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Oura is seeking up to $3bn in an IPO that would value it above $16bn
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Oura is targeting a September listing that would raise up to $3bn and value the smart ring maker at more than $16bn, according to Bloomberg, several months after the Finnish company filed confidentially for a US IPO. The mark would be a sharp step up from the $10.9bn valuation it carried last September, in a […]
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Meta hired Luke Metz seven months after OpenAI hired him back
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Luke Metz has joined Meta Superintelligence Labs, seven months after rejoining OpenAI. A source familiar with the matter confirmed the hire to Axios. Ina Fried reported it on Monday. Metz starts this week and reports to Alexandr Wang, who runs Meta’s AI effort. Three labs in under a year Metz left OpenAI in 2024 for […]
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Lambda is raising up to $3bn before an IPO, months after borrowing $917m for chips
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Lambda is in talks to raise up to $3bn in pre-IPO financing at a valuation of $12bn or more, according to Bloomberg, as the Nvidia-backed cloud provider prepares for a listing expected next year. The raise follows a very different kind of financing earlier in its run, when Lambda borrowed $917mn against its GPUs to buy more […]
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Alibaba shares fell 8.4%. Then Joe Tsai and Eddie Wu went shopping
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Alibaba’s two most senior executives bought about $15.3m of their own company’s shares on Monday. The stock had just fallen further than at any point in more than a year. Chairman Joe Tsai and chief executive Eddie Wu spent a combined HK$120m, according to filings with the Hong Kong exchange. What each of them bought […]
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Trump says refusing a data centre is a mistake. Abbott disagrees
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Texas governor Greg Abbott says data centre companies brought the backlash on themselves. “They basically dug their own grave for the problem that’s been caused for them,” he told ABC’s Jonathan Karl on Sunday. “And that’s why they got the backlash they deserve.” Andrew Pantazi and Ben Geman reported the remarks for Axios. They called […]
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MH Ventures and Mapleblock Capital co-lead $3M investment in Oro to scale agentic finance
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For the better half of the last three years, the prevalence of AI in finance had been largely relegated to a chatbot bolted onto a dashboard. Its capabilities were limited to simple explanations and not direct action (such as executing transactions, placing sell orders, etc) but all that has changed recently because by the end […]
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Trump bought SpaceX shares two weeks after the IPO, a disclosure shows
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Donald Trump bought up to $50,000 of SpaceX stock on 23 June, roughly a fortnight after the company completed the largest initial public offering in history, according to a financial disclosure reported this week. The purchase places the sitting president on the shareholder register of a company whose federal contracts and regulatory treatment his own administration […]
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Nine charged in Taiwan over 130 Nvidia B300 servers bound for China
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Taiwanese prosecutors have indicted nine people over the alleged illegal export of high-end AI servers to China, among them an employee of Nvidia’s Taiwan operation and two from Super Micro. The charges are the first to emerge from an investigation that has run for months, having already produced detentions over server smuggling and reached inside Nvidia itself. […]
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