2026-07-10

MiniMax’s CEO won’t take a salary until AGI. His company just raised $2bn after an 80% crash

The letter reads like a founder’s article of faith. The share sale underneath it tells a harder story. The founder of MiniMax has told staff he will take no salary until the Chinese AI company builds artificial general intelligence. On the same day, MiniMax moved to raise as much as $2bn from investors. Its shares […]<br /> This story continues at The Next Web [...]

2026-07-10

A 23-year-old’s AI startup wants a $20bn valuation, months after a breach cost it Meta

A three-year-old startup run by a 23-year-old is in talks to double its worth to $20bn. The numbers are dazzling. Read the footnotes. Mercor, the AI training marketplace, has told investors it can raise at a $20bn valuation. It says it already holds at least one term sheet at that price, Bloomberg reports. The talks […]<br /> This story continues at The Next Web [...]

2026-07-10

China just caught a rocket in a net, and SpaceX should be watching

SpaceX lands its rockets on legs. Blue Origin uses a platform. China just caught one in a giant net. China has recovered the first stage of an orbital rocket for the first time. The milestone pulls it into a club with only two other members. On Friday, the booster of a Long March-10B lifted off […]<br /> This story continues at The Next Web [...]

2026-07-10

Anthropic is now worth $1.2 trillion on paper. Almost nobody can buy in

Anthropic is the hottest stock in private tech. It is also one of the hardest to buy, and that is exactly why the price keeps climbing. Shares in Anthropic are changing hands on secondary markets at an implied valuation of $1.2 trillion, Business Insider reports. That is a 550% jump in a year. It puts […]<br /> This story continues at The Next Web [...]

2026-07-10

Volkswagen will dramatically shrink its model lineup and factory footprint

It follows reports of 100,000 jobs being under threat at the German automaker. [...]

2026-07-10

Is Microsoft Teams really going to start tracking employee locations?

Microsoft's new "Workspace Check-in" feature for Teams rolled out last month. [...]

2026-07-10

VW Group and unions disagree on plan to streamline the automaker

VW's plan calls for half as many models but didn't mention closures or job cuts. [...]

2026-07-10

7 new movies and TV shows to watch on Netflix, Prime Video, HBO Max, and more this weekend (July 10)

It's been a lean week for new releases on the world's biggest streaming platforms. [...]

2026-07-10

Saoirse Ronan's new dark comedy Bad Apples finally has a global release date — here's when you can watch the underrated TIFF movie

Bad Apples is coming to theaters after a festival run. The Saoirse Ronan led movie will be in UK and US theaters from September 18, and we've got a brand new trailer to celebrate the new movie's theatrical release [...]