The Next Web

Silicon Valley spent $25 million on a California governor candidate. He is polling at 4 per cent

Silicon Valley spends $25M backing Matt Mahan for California governor but polls show 4% as Hilton and Steyer lead June primary ...
The Next Web

A data centre fire in Almere disabled a university, a transport emergency system, and the assumption that physical infrastructure is someone else’s problem

Alert, knocked Utrecht University offline, and disabled emergency communications for public transport across Utrecht province ...
The Next Web

The largest education data breach in history was not an attack on a school. It was an attack on a vendor.

ShinyHunters breached Canvas LMS maker Instructure, claiming 275M users' data from 9,000 schools. 44 Dutch institutions ...
The Next Web

Quantum Motion lands $160m in EU’s first major late-stage commitment

The European Union's new Scaleup Europe Fund has led a $160m round in UK-based Quantum Motion, the silicon-CMOS spin-qubit ...
The Next Web

Tata and JSW to spend $1bn building India’s way out of Chinese battery dependence

Tata Group and JSW Group are separately funding R&D centres for next-generation batteries and EV systems, in a combined $1bn push.
The Next Web

Moonshot AI’s $20bn valuation seals one of China’s fastest AI funding trajectories

Moonshot AI, the Beijing-based maker of the Kimi chatbot, is closing a $2bn funding round at a post-money valuation above $20bn.
The Next Web

Skyroot becomes India’s first space-tech unicorn ahead of June Vikram-1 launch

Skyroot Aerospace has closed a unicorn-valuation funding round backed by GIC and BlackRock-managed funds, ahead of the ...
The Next Web

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

Silex Microsystems opened sharply higher on its Nasdaq Stockholm debut on 7 May 2026 after pricing at SEK 81 per share.
The Next Web

OpsMill raises $14m Series A to make IT infrastructure data trustworthy enough for AI agents

OpsMill has closed a $14m Series A, to scale its Infrahub infrastructure data platform used by TikTok and a growing list of enterprise customers.
The Next Web

Scale AI wins $500m Pentagon contract, five times its previous Defense Department deal

Scale AI has won a $500M contract from the Pentagon's Chief Digital and Artificial Intelligence Office, a five-fold expansion of the company's existing contract.
The Next Web

Pit launches in Stockholm with $16M to build custom AI-native software for enterprise operations

Pit, the Stockholm-based AI-native enterprise software platform has launched publicly with $16M led by Andreessen Horowitz.
The Next Web

Brussels strikes deal to thin out AI Act and outlaw nudification apps

Parliament and Council agree to push the EU AI Act's high-risk deadline to December 2027 and ban AI nudification tools, ending a months-long deadlock.