OpenAI could be making a phone with AI agents replacing apps
The phone could go in mass production in 2028, an analyst says.
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Critical infrastructure giant Itron says it was hacked
The American technology giant provides water and energy monitoring and utility meters to hundreds of millions of homes and businesses.
Logos Research: Is New Math the Answer to AI Slop Code?
Logos Research has recently started working with a small and very exclusive set of top universities and quant funds. They are a new entrant among mathematical reasoning companies, joining startups such as Axiom, Harmonic, Math.Inc and Logical Intelligence. Logos stands out for being built by a mixture of world-class mathematicians and quant finance managers, a combination reminiscent of Renaissance Technologies (Jim Simons’ legendary quant fund). Prof. Cris Salvi, the CEO, left his te
Spotify’s next frontier: fitness content
Spotify is adding fitness as its next major category, launching workout videos, playlists, and Peloton classes inside the app for free and Premium users.
Google DeepMind to open its first AI campus in the world in Seoul
Demis Hassabis met South Korean President Lee Jae Myung at Cheong Wa Dae on Monday and signed an MOU with the Ministry of Science and ICT. The campus will be operational this year. Hassabis accepted a request to send at least 10 Google engineers from US headquarters. He presented Lee with a Go board signed […]This story continues at The Next Web
The world’s largest EV battery maker is raising $5 billion in Hong Kong
The world’s largest EV battery maker priced its Hong Kong listing at HK$263 in May 2025. Its shares touched HK$701 before the placement was announced. The deal builds on a week of shareholder activity: a Sinopec unit sold $770M of CATL stock at HK$708 on 22 April; a Shenzhen block trade of 58 million A-shares […]This story continues at The Next Web
Meta inks deal for solar power at night, beamed from space
Overview Energy's first contract with Meta is a small step toward a future of space-based solar power.
Sereact raises $110 million Series B to build robots that simulate the consequences of their actions before they act
The round is led by Headline, with new investors Bullhound Capital, Felix Capital, and Daphni. Valuation is undisclosed. Sereact’s vision language action models already run in BMW, Daimler Truck, and logistics customers. The $110M is more than four times the €25M Series A raised just 15 months ago. Sereact, the Stuttgart-based AI robotics software company, […]This story continues at The Next Web
China orders Meta to unwind its $2 billion acquisition of Manus
The NDRC’s Office of the Working Mechanism for Foreign Investment Security Review issued a formal cancellation order on Monday, four months after the deal was announced. Manus co-founders Xiao Hong and Ji Yichao have been barred from leaving China since March. China’s National Development and Reform Commission has formally ordered Meta to unwind its $2 […]This story continues at The Next Web
India’s Acko hires Kotak, ICICI Securities, and Morgan Stanley for a $350 million IPO targeting a $2.5 billion valuation
The digital insurer, backed by General Atlantic, Canada Pension Plan Investment Board, and Accel, plans to file its DRHP confidentially with SEBI in H2 2026. In FY25 it grew revenue 35% to Rs 2,837 crore and cut net losses by 37%. It has raised over $583 million in total funding. Acko, the Bengaluru-based digital-first general […]This story continues at The Next Web
Copenhagen’s Atech raises pre-seed from Sequoia, a16z, and Lovable to build ‘vibe-engineering’ for hardware
The round amount is undisclosed. Backers include Nordic Makers, Emblem, the Lovable company itself, the Sequoia Scout Fund, and the Andreessen Horowitz Scout Fund. Lovable CEO Anton Osika personally endorsed the team. Atech lets users describe a hardware concept in natural language and receive a working prototype. Atech, a Copenhagen-based AI hardware startup, has raised […]This story continues at The Next Web
The Iran war is hitting the AI supply chain where it hurts
Iran’s strike on SABIC’s Jubail petrochemical complex in early April halted production of the resin used to make PCB laminates. Goldman Sachs analysts say prices surged 40% in April alone. A South Korean supplier to Samsung and AMD says epoxy resin wait times have stretched from three weeks to fifteen. The Iran war that began […]This story continues at The Next Web
DeepSeek cuts V4-Pro prices by 75% and slashes cache costs across its entire API to a tenth
The promotional discount runs until 5 May 2026. Even at full price, V4-Pro already undercuts GPT-5.5, Claude Opus 4.7, and Gemini 3.1 Pro on per-token costs. The move is a direct challenge to the pricing strategy of US AI providers at a moment when the Trump administration has accused Chinese firms of distilling American AI […]This story continues at The Next Web
Elon Musk vies to turn X into super app with banking tool near launch
Elon Musk pushes X Money toward super app status, offering high-yield savings and peer payments as regulators, critics, and missing licenses raise doubts.
Elon Musk's SpaceX Refinances Debt With $20 Billion Bridge Loan Ahead Of Record-Breaking Summer IPO: Report
Elon Musk's SpaceX took out a $20 billion bridge loan last month to refinance much of its existing debt ahead of its planned U.S. initial public offering, according to excerpts from a confidential regulatory filing. Bridge Loan Reshapes SpaceX Debt Stack Reuters on Thursday said the borrowing came from an unidentified syndicate of lenders and that SpaceX could be required to use IPO proceeds to repay the loan if it is not otherwise paid off within six months of the offering. The details appeared
Business leaders, including Elon Musk and Dana White, react to the shooting at the DC press dinner
Here's what big names in the business world are saying about the shooting at the annual White House Correspondents' Dinner.
Elon Musk: America will '1,000%' go bankrupt due to debt — here’s what he claims can save the country
Musk isn’t the only one concerned about America’s debt and the soaring interest costs tied to it. Ray Dalio, founder of the ...
Elon Musk makes dangerous comment on X after WHCD shooting
Elon Musk shared a chilling response to the shooting that took place at WHC dinner on Saturday night ...
Elon Musk Dragged Again As Amber Heard Paternity Rumors Explode
Elon Musk is once again at the center of online speculation, but this time it’s tied to long-running rumors involving The ...
Truecaller faces mounting pressures as its growth matures
As growth slows, Truecaller is leaning on subscriptions, business services, and new features to sustain momentum beyond India.