AMD is investing $5 billion in Anthropic and deploying 2 gigawatts of Helios GPUs to run Claude
White House accuses Moonshot of distilling Anthropic’s Fable to build Kimi K3
Jeff Bezos is pushing an AI-first Prime Video redesign, and studios may end up paying for it
Google fined €890M in its first Digital Markets Act penalty
Four former DOGE staffers raised $160 million at a $1.4 billion valuation for an AI military cyber startup
Jeff Bezos has been approached to buy a stake in Liverpool FC. Amazon already holds the Premier League TV rights.
Travis Kalanick raised $1.7B for his robotics comeback, and Uber chipped in
Reddit may cut Google off from its content, and it isn’t the only one
Xbox is testing ad-supported game streaming. Amazon is folding Luna into Prime Video. Both admit cloud gaming has not worked yet.
Nvidia rival Etched doubles its value to $10.3B in seven months
Drone makers race to build navigation that survives warzone jamming
Apple’s privacy policy reveals an AI shopping assistant is coming to the Apple Store app
Cambridge built a planet-scale AI model, and skipped Nvidia to do it
Alphabet locked in $811 billion of future spending on AI infrastructure. The number jumped $500 billion in one quarter.
OpenAI sued over ChatGPT’s ‘dangerous’ medical advice in first case of its kind
Data and security
Amazon
Artificial Intelligence
Anthropic
Deep tech
Apple
Get the Nextwebworlds newsletter
Getting to the heart of the European tech and startup scene.
China’s Psibot hits a $1.48bn valuation betting on ‘world models’
Khosla Ventures, first backer of OpenAI, is raising up to $5.5bn
IBM cuts full-year sales outlook after mainframe demand drops 42 percent in Q2
AI boom drives an 80% surge in foreign investment bids for Thailand
Google reveals it holds $94.1bn in SpaceX shares after the IPO
Arrakis emerges from stealth with $38 million to bring AI to factories and supply chains
The ex-Meta VP behind a notorious spy tool just raised $180M for AI security
Revolut hits $115 billion valuation as it becomes the first global fintech with an Australian banking licence
AppLovin Backs Velocity As The AI Industry Looks Beyond Subscriptions For Growth
Jack Dorsey’s Block takes on Slack with Buzz, a workspace for humans and AI agents
Google and Ford are funding a push into the trades, the jobs their AI can’t do
