qz

2026-08-12

Norway's sovereign wealth fund posted a record $184 billion profit and revealed a SpaceX stake

The fund, managed by Norges Bank Investment Management, returned 9.4% in the first half of 2026, driven by equity gains in Asia [...]

Destination

2026-08-12

Pudu ET1 Scrubber-Dryer Robot Targets Small Commercial Spaces

Pudu Robotics launched the PUDU ET1 on August 12, 2026, an AI-native compact scrubber-dryer robot built for commercial spaces of 100 to 800 square meters, taking the Shenzhen company's cleaning lineup down into the convenience stores, drugstores, and chain restaurants too tight for its larger machines. The ET1 is the first product in a new PUDU E Series, the company said in its launch announc [...]

Destination

2026-08-12

The First AI IPO Won’t Decide Who Wins AI

Why the industry's next winners may not be the companies building the models. The Industry Is Asking the Wrong Question The technology industry has found a new proxy contest: whether OpenAI or Anthropic will become the first major AI company to reach the public markets. The story has acquired the familiar rhythm of a platform race: whoever arrives first is assumed to define the category. But [...]

fastcompany

2026-08-12

Why AI can’t replace the creative struggle.

My experiment with AI-generated fiction reveals why the hardest, most human parts of creativity can’t be automated away. [...]

fastcompany

2026-08-12

The creative economy’s greatest competitive advantage

The classroom experience provides space to take risks, sharpen critical thinking, and deepen cultural fluency. [...]

thenextweb

2026-08-12

Upwork cuts full-year forecast as AI pressures its marketplace

Upwork shares fell sharply after the freelance marketplace cut its full-year guidance, overshadowing a second-quarter earnings beat and reviving concerns that AI is eroding the work it brokers. The stock dropped as much as 21% in after-hours trading on Monday and closed on Tuesday down about 15% at $8.39. The company reported second-quarter revenue of $191.7m, down […]<br /> This story c [...]

thenextweb

2026-08-12

Musk says SpaceX AI will out-earn rockets by September, and be trained on staff

SpaceX posted a 30-minute all-hands to X on Tuesday. Elon Musk used it to make two claims, and they only make sense together. The first is a number. AI revenue will pass everything else the company sells by next month. The second is a method. SpaceX will train Grok on its own information, including the […]<br /> This story continues at The Next Web [...]

thenextweb

2026-08-12

South Korea targets a 2030 Moon landing in a seven-part technology plan

South Korea has set out seven strategic technology programmes it intends to pursue after artificial intelligence, including an uncrewed Moon landing by 2030, President Lee Jae-myung announced on Wednesday at a meeting of scientists, executives and investors at the presidential office. The programmes, branded the “Seven Major SEED”, cover small modular reactors, nuclear fusion, next-generation [...]

thenextweb

2026-08-12

Tesla recalls 20,349 cars after NHTSA rejects its headlight defence

Tesla is recalling 20,349 Model 3 and Model Y vehicles whose low beams exceed the federal photometric limit, after NHTSA rejected its argument that the defect was inconsequential. Tesla says a remedy is still under development, and owners are due to be notified by September 15. Tesla is recalling 20,349 cars because their headlights are […]<br /> This story continues at The Next Web [...]