Skip to main content

Posts

Microsoft is considering spinning off Xbox entirely as the division’s margins hit 3%

Microsoft has not ruled out spinning off its Xbox division into a separate company. The Information reported that options under consideration include turning Xbox into a wholly owned subsidiary, forming a joint venture with outside partners, or selling the business outright. No decision is imminent, but new Xbox CEO Asha Sharma and Microsoft CEO Satya […] This story continues at The Next Web https://ift.tt/HNr2iFa Read full article: The Next Web
Post a Comment
Read more

IMF chief warns advanced AI models like Mythos “can be used to destroy the financial system”

The head of the International Monetary Fund warned on Wednesday that advanced AI models like Anthropic’s Mythos “can be used to destroy the financial system” if they fall into the wrong hands. IMF Managing Director Kristalina Georgieva made the comments in Brussels while presenting the Fund’s annual economic assessment of the eurozone. “What we recognize […] This story continues at The Next Web https://ift.tt/jabs2UG Read full article: The Next Web
Post a Comment
Read more

From AI deals to streaming fraud, the music industry is wrestling with four existential battles at once

The music industry descended on New York this week for Indie Week and a flurry of parallel gatherings. The conversations kept circling back to the same handful of anxieties: generative AI, streaming fraud, underpaid songwriters, and the organisations meant to protect them. Four issues, in particular, dominated the agenda. Each one carries the potential to […] This story continues at The Next Web https://ift.tt/CBnhKGY Read full article: The Next Web
Post a Comment
Read more

Bezos’s Prometheus raises $12 billion at $41 billion valuation to build AI that engineers physical products

Prometheus, the AI startup co-led by Jeff Bezos, has raised $12 billion in a funding round that values the company at $41 billion. Investors include JPMorgan Chase, Goldman Sachs, BlackRock, DST Global, and Arch Venture Partners, alongside Bezos himself. Total funding now exceeds $18 billion. The company is building what Bezos calls an “artificial general […] This story continues at The Next Web https://ift.tt/KBZm3kX Read full article: The Next Web
Post a Comment
Read more

Coinbase launches an AI agent that can trade crypto and pay for research on your behalf

Coinbase has launched an AI agent that can execute crypto trades and pay for premium research data on behalf of users. The agent integrates with a user’s main Coinbase account or can operate in a separate sandbox. It trades spot crypto and derivatives markets, with support for equities and prediction markets planned next. Users can […] This story continues at The Next Web https://ift.tt/7hoDRAL Read full article: The Next Web
Post a Comment
Read more

Why the next AI safety problem is the conversation between models

In May 2025, AI researchers at Palisade Research ran a controlled experiment in which several advanced AI models, including OpenAI’s o3, were placed inside command-line sandboxes. The test was designed to measure controllability. Most models complied: Claude, Gemini, and Grok models allowed shutdown in all 100 test runs, reporting green across the board. However, three […] This story continues at The Next Web https://ift.tt/xqoPaNy Read full article: The Next Web
Post a Comment
Read more

India froze Starlink approvals over Iran fears, days before SpaceX’s record IPO

India has effectively frozen the approvals Starlink needs to begin commercial operations in the country. Security agencies under India’s Ministry of Home Affairs withheld final clearances after SpaceX allowed Starlink access inside Iran despite not having a licence to operate there, Bloomberg reported. The timing is awkward: SpaceX’s IPO, expected to raise $75 billion at […] This story continues at The Next Web https://ift.tt/SXJte9n Read full article: The Next Web
Post a Comment
Read more

Anthropic’s CEO says he doesn’t know if Claude was used in the Iran school strike that killed 120 children

Anthropic CEO Dario Amodei said he does not know what role his company’s AI model Claude played in a missile strike that killed an estimated 120 children at an elementary school in Minab, Iran, on February 28. In an interview on Bloomberg’s The Circuit with Emily Chang, he described the strike as “a really terrible […] This story continues at The Next Web https://ift.tt/g0NMlLs Read full article: The Next Web
Post a Comment
Read more

Russia unbans Roblox after 63,000 children wrote letters of complaint, half saying they wanted to leave the country

Russia restored access to Roblox on Wednesday after concluding the company had complied with local legal requirements, the Interfax news agency reported. The gaming platform had been blocked since December 3, cutting off an estimated 18 million monthly users, most of them children and teenagers. The Digital Ministry said Roblox had implemented “a comprehensive set […] This story continues at The Next Web https://ift.tt/dy0vu7S Read full article: The Next Web
Post a Comment
Read more

Inside Automat-it’s playbook for scaling AI startups on AWS

The AI boom has fundamentally changed how startups think about infrastructure. What was once a relatively straightforward cloud scaling journey has become far more complex, as companies now balance GPU-intensive workloads, rapidly evolving AI models, compliance requirements, and rising operational costs. For many startups, the challenge is no longer simply getting a product to market. It […] This story continues at The Next Web https://ift.tt/CWq4PZK Read full article: The Next Web
Post a Comment
Read more

Lovable hit $500 million in revenue with 146 employees. Its new data shows who is actually building software now.

Lovable, the Swedish vibe-coding platform that lets users build apps through natural language, has published its first data report on what it calls the “build economy.” The report draws on product usage data from January 2025 to May 2026, alongside a May 2026 user survey, and describes a shift in who builds software, what they […] This story continues at The Next Web https://ift.tt/dVDKoy4 Read full article: The Next Web
Post a Comment
Read more

SpaceX’s $75 billion IPO is massively oversubscribed, with single investors placing $10 billion orders

SpaceX’s initial public offering has attracted institutional orders for multiple times the available shares, according to people familiar with the matter. Multiple investors have individually placed orders of $10 billion or more. Banks leading the deal told investors on Tuesday that demand increased further after management meetings, and the offering was described as well oversubscribed. […] This story continues at The Next Web https://ift.tt/dWb1gNS Read full article: The Next Web
Post a Comment
Read more

The EU just ordered Meta to let rival AI assistants back onto WhatsApp within five days

The European Commission has ordered Meta to “restore free access to WhatsApp for rival general purpose AI assistants” within five working days. The interim measures, announced on Tuesday, are designed to prevent what the Commission called “serious and irreparable damage to competition” in the AI assistant market. Meta said it would appeal. The company described […] This story continues at The Next Web https://ift.tt/rbOs5J2 Read full article: The Next Web
Post a Comment
Read more

The growing divide between surface-level AI adoption and meaningful impact across safety-critical industries

Artificial intelligence has rapidly moved from experimentation to mainstream business adoption. Around 78% of organizations reported using AI in 2025, reflecting how quickly the technology has become embedded across business operations. Yet, only 25% of organizations said most of their AI initiatives achieved their expected return on investment, highlighting a growing gap between adoption and measurable impact. Against that […] This story continues at The Next Web https://ift.tt/7VAfbWj Read full article: The Next Web
Post a Comment
Read more

The UK just signed an AI deal with ElevenLabs to make government services accessible in any language and any voice

The UK government and ElevenLabs have signed a memorandum of understanding to explore how voice AI can improve public services, deepen safety research, and build AI talent in the UK. The MoU, signed by AI Minister Kanishka Narayan and ElevenLabs CEO Mateusz Staniszewski, was published on Sunday by the Department for Science, Innovation and Technology. ElevenLabs, which […] This story continues at The Next Web https://ift.tt/kQUoix4 Read full article: The Next Web
Post a Comment
Read more

What's new?