thenextweb

2026-08-31

Pinterest CFO Julia Donnelly is leaving to join an early-stage company

Pinterest’s chief financial officer is leaving for a private, early-stage company, and investors reacted quickly. Julia Donnelly will step down on October 30, Reuters reported, with the company’s shares falling as much as 3.8% in after-hours trading on Friday. Donnelly joined Pinterest in 2023 from Wayfair, where she was global head of finance, and has […]<br /> This story continues at [...]

thenextweb

2026-08-31

Europe has ordered a €388M AI supercomputer from its own state-owned champion

Europe is buying another AI supercomputer, and this one is headed to Kajaani in northern Finland. LUMI-AI is a €387.8 million system, roughly $449 million, that will be built by Bull, the French supercomputer maker that the French state bought outright five months ago. The order is the sixth AI Factory procurement contract signed by […]<br /> This story continues at The Next Web [...]

Destination

2026-08-31

The AI layoff narrative is missing the real story

Fintech blames AI for layoffs, but the real story is cost-cutting, weak returns, and unproven innovation. [...]

thenextweb

2026-08-31

Singapore is putting S$220M into fintech as private funding hits a decade low

Singapore has committed S$220M, about $173M, to its fintech sector over the next three years. It made the announcement three days after KPMG reported that private investment in Singaporean fintech had fallen to its weakest first half in roughly a decade. The timing is not a coincidence, and nobody is pretending otherwise. Gan Kim Yong, […]<br /> This story continues at The Next Web [...]

Destination

2026-08-31

I asked the stars of Casualty what to watch after 'explosive' 40th anniversary special episodes — and their unexpected answer is absolute genius

Casualty's 40th anniversary special episodes arrive on BBC iPlayer on September 5th — so I asked its cast for the perfect TV antidote after the explosive mayhem. [...]

Destination

2026-08-31

Shadow AI is a security problem, but the EU AI Act makes it a legal one

Employees at larger enterprises regularly feed corporate data into AI tools. [...]

Destination

2026-08-31

FSB Chair Warns G20 That Frontier AI Could Amplify Cyber Risk

Bank of England Governor Andrew Bailey, writing as chair of the Financial Stability Board (FSB), warned G20 finance ministers and central bank governors on August 31, 2026 that frontier artificial intelligence models could materially alter the speed, scale and economics of cyber risk and destabilize the highly interconnected global financial system. The warning came in a letter sent ahead of the G [...]

Destination

2026-08-31

UK Launches £100M Sovereign AI Procurement Competitions for Public Services

The UK government launched the first procurement competitions under its £100 million Sovereign AI R&D Procurement Scheme on August 31, 2026, opening four challenges that invite British AI startups to build systems for the NHS, defence, computing efficiency, and AI agent security. Chancellor John Healey MP announced the launch at the G20 Finance Ministers and Central Bank Governors meeting in [...]

thenextweb

2026-08-31

Honda and Nissan will share the software in their cars from 2029

Eighteen months after their merger fell apart over who would control whom, Honda and Nissan have agreed to share the software inside their cars. The two signed a joint development agreement on Monday covering electronic control units, an in-vehicle operating system, middleware and vehicle control software, with the first cars arriving from fiscal 2029. The agreement is […]<br /> This sto [...]