2026-08-12
Foxconn crossed a line this quarter that it will not cross back. Its cloud and networking division, the one that builds AI servers, made up 51% of revenue in the three months to June. That is the first time the segment has passed half. Smart consumer electronics, the division that contains the iPhone, came to […]<br /> This story continues at The Next Web [...]
2026-08-12
Lovable is worth $13.3bn and its revenue is tripling. The interesting name on the cheque is the European Union. Lovable has raised $400m at a $13.3bn valuation. The Stockholm company lets people build software by describing it in ordinary language, and it is now one of Europe’s most valuable startups. Eight months ago it raised […]<br /> This story continues at The Next Web [...]
2026-08-12
Manus is leaving Meta. The Chinese agent startup told users this week that it will “soon return to operating as an independent company”. That is not a change of heart. Beijing refused to let the acquisition stand, and Meta chose not to fight it. The unwinding has a cost, and customers are paying part of […]<br /> This story continues at The Next Web [...]
2026-08-12
The researcher who led Alibaba’s Qwen models has started his own company. Junyang Lin announced Pragmatik Labs on X on Tuesday evening, five months after walking out of Alibaba. The lab is based in Shanghai and works on what Lin calls next-generation agents across digital and physical worlds. Gaorong Ventures and HSG, the firm formerly […]<br /> This story continues at The Next Web [...]
2026-08-12
It's widely known that Taylor Sheridan is adept at writing incredible female characters. But if Lioness season 3 episode 2 is anything to go by, its LGBT+ women are being let down in one key way. [...]