2026-07-07
WiseTech co-founder Richard White steps down as chair, but keeps his board seat
Richard White, the billionaire co-founder of WiseTech Global, has stepped down as executive chair of the Australian logistics-software company, effective immediately, capping a fortnight of intensifying scrutiny. He is not, however, leaving the building. White will stay on the ASX-listed group’s board as an executive director and keep his role as chief innovation officer, WiseTech said in a [...]
2026-07-07
Nscale closes a $900m revolving credit facility to fund its data-centre build-out
Nscale has closed a $900m revolving credit facility, a standing pool of borrowing it will draw on to speed up its data-centre build-out across the US, Europe, and Asia-Pacific, the company said on Tuesday. The London firm, which raised $2bn in a Series C at a $14.6bn valuation in March, is now stacking debt almost as […]<br /> This story continues at The Next Web [...]
2026-07-07
Synopsys pulls back from chip fab software to chase AI design margins
Synopsys, the US chip design software giant, is preparing to walk away from the manufacturing control software that helps run the world’s semiconductor fabs, and to redirect the engineers behind it towards the far more lucrative business of AI chip design. The plan, reported by Reuters and attributed to six people briefed on the matter, is a pointed […]<br /> This story continues at T [...]
2026-07-07
Google and RWE back Proxima Fusion in record €411mn round
Munich-based Proxima Fusion has raised €411mn ($468mn), the largest private fusion round Europe has ever seen and a rare vote of confidence in a technology that has yet to produce a watt of commercial power. The deal values the stellarator company at €2.4bn and brings in Google and German utility RWE as strategic backers. XTX Ventures and […]<br /> This story continues at The Next We [...]
2026-07-07
OpenAI and Anthropic are giving away millions in computing power to attract startups
OpenAI, Anthropic, and major cloud providers are racing to outbid each other with free compute credits to pull startups into their ecosystems. Some individual offers top $3 million. At Y Combinator alone, OpenAI and Anthropic could hand out up to $800 million in credits per year combined. The discount war comes at a time when both companies need to improve their margins ahead of upcoming IPOs.< [...]
2026-07-07
Dutton Ranch season 2 won't be released on Paramount+ any time soon — but this 'wild' fan prediction is so good that Taylor Sheridan should take some notes
We've had no word yet on when Dutton Ranch season 2 might be released or enter production — but one fan has an interesting theory about the next installment. [...]
