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River AI raised $1.1bn to let companies train and keep their own models

River AI has raised $1.1bn, roughly four months after the company was incorporated. General Catalyst and AMP PBC led the round, with strategic investment from NVIDIA and AMD Ventures, and further money from Y Combinator and Temasek. The Palo Alto company was founded by Igor Babuschkin, a co-founder of xAI. The pitch is that companies [] This story continues at The Next Web

11 Aug 2026 8:47 pm
China bets on AI weather forecasting as extreme storms close in

As Typhoon Dolphin bore down on Chinas coast this week, the countrys bet on artificial intelligence to read the skies looked less like a research curiosity and more like national infrastructure. Extreme weather is intensifying, the cost of getting a forecast wrong is rising, and Beijing is pouring resources into models that promise to see [] This story continues at The Next Web

11 Aug 2026 8:00 pm
Meta smart glasses banned from courts across England and Wales

His Majestys Courts & Tribunals Service has banned Meta smart glasses from court buildings across England and Wales, a move that pulls one of Silicon Valleys buzziest gadgets into a very old argument about who gets to record what. HMCTS, which runs the criminal, civil and family courts, will now confiscate the glasses on entry [] This story continues at The Next Web

11 Aug 2026 7:17 pm
Bumble is letting men make the first move, dismantling the rule it was built on

Bumble is preparing to let men make the first move, a change that unpicks the single rule the dating app was built around. According to Bloomberg a coming messaging update will let men open conversations in opposite-sex matches, though the exact mechanics are still emerging and Bumble has not spelled them out in full. For [] This story continues at The Next Web

11 Aug 2026 7:04 pm
Equitybee lands free benchmarking tool as startup employees finally get equity data companies have had for years

Equitybee has launched Equitybee Benchmark, a free tool that lets US startup employees compare equity grants across roles, seniority levels, departments, and company stages. The company argues that while salary benchmarking has been everywhere for years, equity data has stayed locked inside HR teams and employers. You would never accept a salary without comparing it [] This story continues at The Next Web

11 Aug 2026 7:02 pm
Trump Media posts a $238m quarterly loss as its bitcoin bet sours

Trump Media & Technology Group, the parent of Truth Social, reported a net loss of $238.1m for the second quarter of 2026, a figure that dwarfs the $20m loss it posted a year earlier and turns the companys slow drift from social network to crypto holding vehicle into something close to a headline. Most of [] This story continues at The Next Web

11 Aug 2026 6:40 pm
HSBC Asset Management invests in Model ML

HSBC Asset Management has taken a stake in Model ML, a London startup building what it calls an agentic operating system for financial services, and the deal says as much about where the industry now thinks the value in enterprise AI is settling as it does about any single company. The investment was made through [] This story continues at The Next Web

11 Aug 2026 4:30 pm
Amkor weighs a $1bn-plus stake sale in its China chip unit

Amkor Technology, one of the worlds largest outsourced chip assembly and testing firms, is weighing a sale of a stake in its China operations, a deal that could value the unit at between $1bn and $1.5bn, according to Bloomberg. The Arizona-based company, which has been pouringrecord sums into advanced packaging, has engaged an adviser to [] This story continues at The Next Web

11 Aug 2026 4:05 pm
Anthropic signs a $9.1bn, 20-year cloud deal with bitcoin miner Riot Platforms

Anthropic has struck another enormous deal to feed its appetite for computing power, and this time the counterparty is a company that until recently made its money digging up bitcoin. The twenty-year arrangement is worth $9.1 billion and gives the Claude maker a large slab of capacity at a Texas campus that Riot Platforms is [] This story continues at The Next Web

11 Aug 2026 3:31 pm
House Democrats want answers from OpenAI and Anthropic on their rogue AI agents

US House Democrats have decided that AI agents breaking loose from their test environments is a matter for Congress, and on Monday they put that view in writing. Two letters went out, one to OpenAI and one to Anthropic, each demanding an account of how the companies own systems slipped their leashes during security testing, [] This story continues at The Next Web

11 Aug 2026 3:18 pm
A US court just cleared thousands of social media harm lawsuits to proceed

US appeals court has cleared thousands of lawsuits accusing the biggest social media companies of harming young people to move towards trial, in a ruling that chips away at the legal shield the tech industry has relied on for decades. On 10 August 2026, a three-judge panel of the Ninth Circuit Court of Appeals rejected [] This story continues at The Next Web

11 Aug 2026 2:44 pm
Intel raises up to $20bn to fund its foundry bet against TSMC

Intel has announced a $15bn common-stock offering, a sale that could swell to as much as $20bn if underwriters take up their overallotment options. It is a bold move for a company that, not long ago, looked like a cautionary tale, and it shows just how far the chipmakers fortunes have turned in the space [] This story continues at The Next Web

11 Aug 2026 2:35 pm
Six finance giants back Nvidia

Nvidia has recruited six of the largest names in finance to help turn its chips into something a bank can lend against. The company announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to build what it calls compute financing platforms, structures designed to mobilise over $500bn of third-party capital for AI infrastructure. [] This story continues at The Next Web

11 Aug 2026 2:25 pm
Exclusive: Vienna

Vienna startup most of the tech world has not heard of just posted numbers that would turn heads anywhere. fonio.ai, a European platform for AI-powered customer calls, says it has surpassed $10m in annual recurring revenue in under twelve months. Since February, when the company switched from a prepaid model to subscriptions, it says it [] This story continues at The Next Web

11 Aug 2026 2:12 pm
How AI is transforming frontend engineering for modern web applications

Artificial intelligence has rapidly become a core part of software development, but its biggest impact may not be replacing developers, it may be redefining what developers spend their time doing. For frontend engineers, AI is shifting the focus from repetitive coding to designing smarter, more resilient digital experiences. Traditionally, frontend development involved building user interfaces, [] This story continues at The Next Web

11 Aug 2026 12:55 pm
Apple has run out of iPhone shapes, and Jefferies just cut it to sell

Jefferies cut Apple from hold to underperform on Monday. That is the banks equivalent of a sell rating. It also cut its price target from $285.56 to $263.66. Fortunes Sebastian Herrera reported the call. The banks supply-chain checks produced three reasons. Apple has cancelled a rumoured all-glass iPhone, memory prices are surging, and there is [] This story continues at The Next Web

11 Aug 2026 12:22 am
Nvidia is pulling Wall Street into the AI buildout. Its shares fell on the news

A group of financial firms is working with Nvidia on a $500bn funding package for AI infrastructure. The group covers Apollo Global Management, Blackstone, BlackRocks Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs and KKR. The Financial Times reported the talks first. Bloomberg confirmed them with people familiar with the matter. A deal could land [] This story continues at The Next Web

11 Aug 2026 12:08 am
OpenAI paused a model over cyber risk on Friday. On Monday it shipped one trained to refuse less.

OpenAI released GPT-5.6-Cyber on Monday. It is a model built on GPT-5.6 Sol and trained for zero-day discovery and exploit-chain development, and the company says it was also trained to refuse fewer higher-risk dual-use cyber requests. Access runs only through Daybreak, the vetted cybersecurity programme OpenAI is now expanding. Axios Sam Sabin reported it first. [] This story continues at The Next Web

10 Aug 2026 11:44 pm
YouTube just doubled the price of admission to its Partner Program

From 1 February 2027, a channel applying to the YouTube Partner Program will need 1,000 subscribers and 8,000 valid public watch hours over the previous 365 days. The current bar is 4,000 hours over 12 months. The Shorts route doubles as well. Twenty million valid public Shorts views over 90 days, up from 10 million. [] This story continues at The Next Web

10 Aug 2026 11:40 pm
The Ninth Circuit let 2,400 addiction lawsuits proceed without touching Section 230

The Ninth Circuit handed the social media companies a defeat on Monday. It did not hand them a ruling. The San Francisco appeals court rejected their bid to overturn a lower court and shut down some 2,400 federal lawsuits over claims they built their products to addict young users. Reuters Diana Novak Jones reported the [] This story continues at The Next Web

10 Aug 2026 10:37 pm
An AI agent deleted a stranger from a gym waitlist. The API let it

An Australian man named Andrew asked his AI agent to book him into a popular gym class. The agent booked the class. Then it deleted a stranger. The ABCs national AI reporter Cam Wilson and the Specialist Reporting Teams Rhiannon Hobbins broke the story on Monday. They describe what may be the first known autonomous [] This story continues at The Next Web

10 Aug 2026 10:19 pm