2026-07-27
METR introduces a new metric to calculate exactly when AI agents become more expensive than humans
METR's new metric, the "expenditure horizon," puts a dollar figure on how cost-effective AI agents are at solving problems. Early results on the NanoGPT speedrun are underwhelming, the metric has blind spots, and the newest generation of models could change the picture.<br /> The article METR introduces a new metric to calculate exactly when AI agents become more expensive tha [...]
2026-07-27
Exclusive: ‘Young people are obsessed by music, but no one's talking to them’ — the new boss of Q Acoustics, QED, and Goldring has plans to give hi-fi its ‘mojo’ back, and it involves opening more ‘kissa’-style listening cafes and ditching Led Zeppelin
Charlie Henderson's background includes Naim and Cambridge Audio, and he has big plans for refreshing his latest hi-fi brands — ranging from rethinking cabling to helping people find their way into hi-fi in the first place. [...]
2026-07-27
Discord and Meta are being sued as defective products, not as publishers
The complaint says out loud what most cases like it only imply. It exists, its authors write, to challenge how Discord and Meta misuse “section 230 of the Communications Decency Act as a shield against accountability”. That single sentence explains the whole filing. A California woman, suing as Jane Doe, filed in San Francisco Superior […]<br /> This story continues at The Next Web [...]
2026-07-27
A development bank just built a €1.4bn insurer in two years
A development bank has just minted a unicorn, and it took two years. Ominimo, a Budapest-based motor insurance startup founded by Serbian and Hungarian entrepreneurs, has closed a Series B led by the venture arm of the European Bank for Reconstruction and Development. The round is €20.1mn, or about $22.5mn, at a €1.4bn valuation, EU-Startups […]<br /> This story continues at The Next W [...]
2026-07-27
Waymo keeps parking in tow-away zones in Austin. It has been fined 64 times.
Waymo’s robotaxis have accumulated 83 parking citations and $9,325 in fines in Austin since the fleet arrived in 2024, according to city records obtained by The Wall Street Journal. The company has paid most of them. The more revealing number is 64: the count of violations involving tow-away zones, far more than any other category. […]<br /> This story continues at The Next Web [...]
2026-07-27
CXMT’s founder is giving 40% of his new fortune to his workers
Zhu Yiming got about $10bn richer on Monday. He has promised to give roughly $5.6bn of it away, and not to charity. The chairman of CXMT saw his fortune climb nearly 300% to $13.9bn when the memory chipmaker closed its Shanghai debut up 466%, according to the Bloomberg Billionaires Index. About 40% of that is […]<br /> This story continues at The Next Web [...]