2026-08-19

Velaura raises $110mn to sell AI chips that cut the power bill, not the clock speed

A chip startup that promises to cut the power AI uses has raised $110mn and crossed a $1bn valuation. Velaura AI, based in Santa Clara, announced the Series A round on Tuesday. The company said in a statement that it builds ultra-low-power silicon and software for data centres and for what the industry calls physical […]<br /> This story continues at The Next Web [...]

2026-08-19

Anthropic passes OpenAI on revenue for the first time

Anthropic has passed OpenAI on revenue for the first time in the AI race.<br /> The article Anthropic passes OpenAI on revenue for the first time appeared first on The Decoder. [...]

2026-08-19

'I would rather use my own head than to let Claude reply': Google Workspace users divided on news Claude can now write and send emails in Gmail for you — without asking for permission

Gmail messages can now be drafted and sent by Claude, even without your approval - which could be a problem. [...]

2026-08-19

AI chip startup Etched's valuation doubled to $21 billion in under a month

The San Jose company's valuation has more than doubled since a $10.3 billion Series C round closed in July [...]

2026-08-19

Estée Lauder's stock pops as profit forecast beats expectations on fragrance demand

The cosmetics company forecast fiscal 2027 adjusted EPS of $3.10 to $3.35, with the midpoint above analyst estimates [...]

2026-08-19

Mortgage demand stalls as rates hold near their highest level in a year

Total mortgage application volume fell 0.4% last week, with purchase applications down 2% and refinance activity rising only slightly [...]

2026-08-19

China landed a reusable rocket booster on land for the first time, closing in on SpaceX

LandSpace's Zhuque-3 rocket touched down in Gansu province on Wednesday, following a sea-based recovery by a different rocket last month [...]

2026-08-19

Anthropic is preparing supervoting shares for its founders before the IPO

Anthropic is preparing to give its founders shares with extra voting power before it goes public, according to The Information. The company is setting up the structure ahead of an initial public offering that could rank among the largest ever, Cory Weinberg and Valida Pau reported. Bloomberg matched the report. The plan would hand chief […]<br /> This story continues at The Next Web [...]

2026-08-19

ADAC tested five EVs for charging losses. One wasted a quarter of the energy

Germany’s ADAC measured charging losses on five EVs and found that a household socket wastes between 12.7% and 24.2% of the electricity drawn. An 11 kW wallbox cut every car’s losses to between 5.1% and 7%. Some of the electricity you buy to charge an electric car never reaches the battery. Germany’s ADAC measured how […]<br /> This story continues at The Next Web [...]