2026-06-11
Italian fintech unicorn Satispay reportedly plans €120M raise to push into stock trading
Satispay, the Milan-based mobile payments company that became Italy’s second unicorn in 2022, is reportedly planning to raise up to €120 million ($139 million) in fresh funding. The round would fuel the fintech’s expansion beyond payments into stock and ETF trading, savings, investments, and pensions. Existing investors are set to vote on the round on […]<br /> This story continues a [...]
2026-06-11
China’s state-run Workers’ Daily calls for a ‘dam’ to protect labour rights as AI spreads
China’s Workers’ Daily, the official mouthpiece of the country’s umbrella trade union, has published a pointed editorial urging government agencies to protect labour rights as artificial intelligence spreads across the economy. The newspaper, which is published by the All-China Federation of Trade Unions, titled the piece: “With the AI wave surging, how can we build […]<br /> This [...]
2026-06-11
Meta has cut Manus off from its internal systems and told staff to sunset the AI platform
Meta has erected a data firewall between itself and Manus, the Chinese-founded agentic AI service it acquired for $2 billion in December 2025. Since the start of June, Manus and its staff have been barred from accessing Meta’s internal data systems, and Meta employees can no longer use Manus tools for internal projects, according to Bloomberg. […]<br /> This story continues at The Next [...]
2026-06-11
CoreWeave’s borrowing costs just fell from 10% to 7%. The AI data centre debt market is repricing risk in real time.
An Applied Digital subsidiary raised $1.59 billion in the high-yield bond market on Tuesday to fund a fourth building at its Polaris Forge 1 campus in North Dakota, which will provide 150 megawatts of computing capacity for CoreWeave under a 15-year contract. The bonds were priced to yield 7%, a steep drop from the 10% investors demanded […]<br /> This story continues at The Next Web [...]
