qz

2026-07-30

Amazon and Walmart's AI shopping tools can spot fake 'Made in USA' labels — but aren't flagging them

A Columbia Law School study finds both retailers have the technical capability to detect false country-of-origin claims but have chosen not to act [...]

qz

2026-07-30

Intercontinental Exchange is buying bond-trading platform MarketAxess for $6 billion

ICE will pay $167 a share in cash for MarketAxess, a 33% premium to its closing price on Wednesday [...]

qz

2026-07-30

Adidas stock is falling 18% after World Cup marketing costs squeezed profit

The German sportswear company raised its 2026 revenue outlook but kept its operating profit forecast unchanged at €2.3 billion [...]

qz

2026-07-30

Chipotle is raising its full-year sales forecast after beating second-quarter expectations

The burrito chain topped estimates on revenue and adjusted earnings per share, but a cyclospora outbreak dented late-July sales [...]

Destination

2026-07-30

K2 Space Raises $500M at More Than Double Its Valuation

Satellite manufacturer K2 Space has raised $500 million in a Series D round that values the company at $6.8 billion, as Bloomberg first reported on July 30, 2026. Kleiner Perkins and Iconiq co-led the round, with Lightspeed Venture Partners, Alphabet's growth fund CapitalG, and Altimeter Capital Management among the other backers. The valuation is the part worth sitting with. K2 announced a $ [...]

thenextweb

2026-07-30

Nscale owns the power and the data centres. For ~$1.65bn, it just bought the software too.

Nscale, the London AI-cloud company that owns its own power and data centres, is buying its way up the stack. It has agreed to acquire Anyscale, the startup behind the widely used Ray software. Bloomberg reported the deal at about $1.65bn. Nscale announced the acquisition on Thursday but did not put a price on it. […]<br /> This story continues at The Next Web [...]

thenextweb

2026-07-30

EY built an ‘AI router’ to stop its own AI bills from spiralling

EY has built what it calls an “AI router,” a system that steers each task to the cheapest model that can handle it, in an effort to keep its own soaring AI bills under control. The tool, reported by Business Insider, is the Big Four firm’s answer to a problem now spreading across corporate IT: […]<br /> This story continues at The Next Web [...]

thenextweb

2026-07-30

Europe opens bidding for seven AI ‘gigafactories’ in a €30bn bid to catch up

The European Commission has opened the bidding to build up to seven AI “gigafactories,” vast computing hubs meant to give the bloc the raw power to train frontier AI models without depending on the United States. The call for tenders, launched today, is pitched as a roughly €30 billion effort to close the gap with […]<br /> This story continues at The Next Web [...]

thenextweb

2026-07-30

Bloom Security lands $20 million seed as AI rewrites what runs on the enterprise endpoint

Work does not look like it did three years ago. Employees now assemble their own toolkits daily: AI agents that act on their behalf, browser extensions that reshape how they read and write, code packages pulled from public registries, MCP servers connecting one tool to another. AI tools are no longer optional. They are how […]<br /> This story continues at The Next Web [...]