The Next Web

The US is about to tell 35 countries to choose between it and China on AI

A draft US letter warns the 35 Pax Silica and AI Opportunity Statement signatories they cannot also join China's rival AI ...
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Nvidia halved its $250bn promise to OpenAI. Then it showed investors what it owns

The Nvidia OpenAI backstop drops from $250bn to under $120bn, in the week a 13F showed its SpaceX and Intel stakes swinging ...
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Anthropic ran 133 million contractor chats with its bioweapon filters off

The Anthropic Risk Report says bioweapon classifiers were off for 133 million contractor exchanges, and downgrades its own ...
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Canva’s backers cut $7.1bn from its valuation, and its own valuer cut more

Blackbird and Airtree cut the Canva valuation to $34.9bn, and Canva's internal mark fell further, after AI costs forced a ...
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Your phone gets five years of updates by law. Your car gets nothing

Carmakers will not say how long a software-defined car keeps working. The EU sets five years of updates for phones and ...
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The AI store manager fired its first human. It had to be reminded of its own rules first

Luna, an AI store manager in San Francisco, dismissed a worker late for 17 of 23 shifts. It had forgotten the policy it wrote ...
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The US told Apple not to buy Chinese memory chips. It has no rule that stops it

Howard Lutnick says the Trump administration opposes Apple buying Chinese memory chips, but no rule stops Apple buying them ...
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A phone company just lost 1.6 million records to a phone call

ShinyHunters leaked 1.6 million RingCentral customer records. It says it got in by voice-phishing one employee out of a ...
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Pipeline for $165 Billion Oracle Data Center Delayed to Next Year

The Green Chile pipeline that would fuel Oracle’s Project Jupiter data centre in New Mexico has been pushed from 15 August to 1 February 2027, according to a filing by Energy Transfer’s Transwestern ...
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Joshua Kushner’s Thrive Capital Discloses $215 Million Amazon Stake

Joshua Kushner's Thrive Capital has bought $215mn of Amazon shares, days after disclosing it is selling part of its OpenAI ...
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EV prices rose for the first time in 2026, and the discounts are why

The average US electric car sold for $56,126 in July, the first rise of 2026, after automakers cut EV incentives by nearly a ...
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Anthropic’s $2trn IPO is priced below what AI stocks already fetch

Half a dozen Anthropic backers told the Financial Times they expect an October float at $2 trillion or more. That would be the largest IPO in history. Measured against the revenue the company last ...