2026-07-08
RAISE Summit hit by power outage during keynote with Mozilla president and Mistral CEO
Mistral CEO Arthur Mensch and Mozilla president Mark Surman were making the case for open-source AI’s reliability at RAISE Summit. Then the venue lost power, and their fireside chat finished almost in the dark. It was, in fairness, the perfect cue. Midway through a RAISE Summit fireside chat on open-source AI, the Master Stage lost […]<br /> This story continues at The Next Web [...]
2026-07-08
Iluvatar CoreX seeks to raise $850m as China’s AI-chip rally lifts its shares
A year ago, Iluvatar CoreX was a Shanghai chipmaker that sold mostly to the Chinese state. This week it is trying to raise about $850m from investors who cannot seem to get enough of it, according to Bloomberg, riding a share price that has more than tripled since January. The rally is really the whole […]<br /> This story continues at The Next Web [...]
2026-07-08
Apple puts a $30bn US-manufacturing flag on its Broadcom chip deal
Apple is spending big to make chips at home. It has committed to a multi-year Broadcom deal worth more than $30 billion, Apple announced on Wednesday. That makes it Apple’s largest US manufacturing pledge to date. The scale is the story. The deal should yield more than 15 billion US-made chips and support hundreds of […]<br /> This story continues at The Next Web [...]
2026-07-08
China and the US are now warning against each other’s AI
The US-China AI split hardened this week. Beijing branded Anthropic’s Claude Code a security back-door, just as US lawmakers moved against American firms that lean on cheap Chinese models. China has told companies to drop Anthropic’s Claude Code. Its Ministry of Industry and Information Technology said its cybersecurity platform found the coding tool carries a […]<br /> This story cont [...]
2026-07-08
Entire launches a distributed Git network built for AI coding agents
Entire, the developer-platform startup founded by former GitHub chief executive Thomas Dohmke, has launched a preview of a distributed Git network built for the age of AI coding agents. The pitch is to spread code hosting across regions rather than lean on a single central provider. The reasoning is a familiar strain in the agent […]<br /> This story continues at The Next Web [...]
2026-07-08
After 25 years of self-funding, Bezos opens Blue Origin at a $130bn valuation
Jeff Bezos is opening Blue Origin to outside money at last, in a round that values the rocket firm at $130 billion, CNBC reports. It follows Elon Musk’s record SpaceX IPO and pits the two space fortunes against each other again. Blue Origin is raising outside capital for the first time. Jeff Bezos’s rocket company […]<br /> This story continues at The Next Web [...]
