thenextweb

2026-08-05

Moove raises $250m at a $2.1bn valuation to run robotaxi fleets

Moove has quietly become one of the more valuable names in autonomous mobility. The company has raised $250m in a Series C round that values it at $2.1bn, a marker of how far it has travelled from its origins. The backing is heavyweight. The round was led by Abu Dhabi’s Mubadala, with Toyota’s growth fund […]<br /> This story continues at The Next Web [...]

thenextweb

2026-08-05

X is fighting a Turkish order to block Ekrem Imamoglu’s campaign account

X has been ordered to silence one of the most closely watched accounts in Turkish politics. A court has told the platform to restrict access, within Turkey, to the presidential-campaign account of jailed Istanbul mayor Ekrem Imamoglu. The company is not going quietly. X said it was complying with the order as required by Turkish […]<br /> This story continues at The Next Web [...]

thenextweb

2026-08-05

Disney sells its last big cable stake to Hearst for $1.2bn

Disney has closed the door on another piece of its cable past. The company has completed a $1.2bn sale of its 50% stake in A+E Global Media to Hearst, which now owns the business outright. The deal had been coming for a while. It was announced in July 2025 and finally closed this month, handing […]<br /> This story continues at The Next Web [...]

Destination

2026-08-05

New ChainDrop worm poisons over 1,300 npm packages, Keyv and Cacheable among those hit

Another Shai-Hulud variant hits npm packages, worming its way into hundreds of packages. [...]

qz

2026-08-05

CVS Health's profit nearly tripled as it launched an Eli Lilly weight loss drug deal

CVS beat Wall Street expectations by a wide margin in the second quarter and raised its full-year profit forecast to as much as $8.10 per share [...]

qz

2026-08-05

Uber's profit held firm but its outlook trailed Wall Street's expectations

The ride-hailing company's bookings and earnings forecasts for the current quarter came in below analyst expectations [...]

Destination

2026-08-05

Why the Next Phase of AI Infrastructure Will Require More Than Hyperscale Datacenters

Artificial intelligence is entering a period where infrastructure strategy is becoming inseparable from model capability. For years, hyperscale datacenters have powered the rise of large scale training, enabling frontier models to grow from millions to trillions of parameters. But as AI adoption accelerates across enterprises, industries, and real-time systems, inference is replacing training as t [...]

Destination

2026-08-05

AI Influencers Are Heading Into Uncharted Territory

Some creators fear the EU AI Act’s regulatory chaos will upend their lucrative businesses. Others are owning it by incorporating AI transparency into their creative process. [...]

thenextweb

2026-08-05

A Fed official is asking whether AI is becoming ‘too big to fail’

A senior Federal Reserve official has put an uncomfortable question on the table. Speaking this week, Kansas City Fed president Jeff Schmid said the finances around the AI buildout now merit close watching. Jeff Schmid said there were signs the industry had grown large enough that policymakers should start discussing it at a macro level, […]<br /> This story continues at The Next Web [...]