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355 articles in Hamidun·Latest: June 11· Active·thenextweb.com ↗

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How AI Is Stealing Memory from Budget Smartphones. The DRAM Shortage and the End of the Cheapness Era
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How AI Is Stealing Memory from Budget Smartphones. The DRAM Shortage and the End of the Cheapness Era

Data centers training large AI models are hoarding all available DRAM memory, creating a shortage and sharp price increases, causing cheap smartphones like Tecno to lose competitiveness in emerging markets.

May 25, 2026·3 min
Scaleway-led French consortium bids $10 billion to build AI gigafactory
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Scaleway-led French consortium bids $10 billion to build AI gigafactory

A French consortium led by Scaleway has submitted a $10 billion bid to build one of Europe's five high-capacity AI centers, competing with other EU countries.

May 21, 2026·2 min
Figma Embeds Its Own AI Design Agent Directly Into the Collaborative Canvas
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Figma Embeds Its Own AI Design Agent Directly Into the Collaborative Canvas

Figma introduced its own AI agent that works on the collaborative canvas, allowing users to generate and edit designs through natural language instead of manual menu clicks.

May 21, 2026·2 min
Payment Startup Primer Raised €86 Million Series C to Expand AI Payments
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Payment Startup Primer Raised €86 Million Series C to Expand AI Payments

London-based fintech startup Primer announced raising €86.2 million in Series C to develop an autonomous AI payments platform and expand into the US market.

May 21, 2026·2 min
LinkedIn introduces an AI slop filter and promises to clean up the feed
LLMTNW

LinkedIn introduces an AI slop filter and promises to clean up the feed

LinkedIn has launched filtering for AI-generated content that fills the feed with meaningless inspirational phrases. The feed should become more readable as early as this week.

May 21, 2026·3 min
Lithuania is the second in the EU to approve Tesla Full Self-Driving — Greece and Belgium are next in line
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Lithuania is the second in the EU to approve Tesla Full Self-Driving — Greece and Belgium are next in line

Lithuania has become the second EU country to approve Tesla Full Self-Driving, just a few weeks after the Netherlands. Regulators in other countries are already preparing their own decisions.

May 21, 2026·2 min
Canva integrates with Google Gemini, becoming the design layer for every AI assistant
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Canva integrates with Google Gemini, becoming the design layer for every AI assistant

Canva has completed its integration with all major AI assistants. At Google I/O, the company introduced a Connected App for Google Gemini that lets users generate and edit designs directly inside Gemini.

May 21, 2026·2 min
Sigma Computing doubled its valuation to $3 billion in Series E round amid agentic analytics race
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Sigma Computing doubled its valuation to $3 billion in Series E round amid agentic analytics race

Sigma Computing announced raising $80 million in Series E funding at a $3 billion company valuation. This doubles the valuation in one year and positions the startup as one of the most aggressively…

May 19, 2026·3 min
Peter Steinberger spent $1.3 million on API in a month of OpenClaw experiments
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Peter Steinberger spent $1.3 million on API in a month of OpenClaw experiments

Peter Steinberger, an engineer at OpenAI and creator of the OpenClaw project — a system for autonomous code generation — recently published a financial report of his month-long experiment.

May 19, 2026·2 min
Google chose licenses over consulting: a new strategy in the battle for enterprise
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Google chose licenses over consulting: a new strategy in the battle for enterprise

Google, OpenAI, and Anthropic are taking different paths: Google is signing licensing agreements with the largest funds, while the other two are building consulting divisions. The choice of model will determine who takes

May 19, 2026·3 min
Core42 leased an office in Minneapolis for a 20 MW AI data center
LLMTNW

Core42 leased an office in Minneapolis for a 20 MW AI data center

Core42, the cloud and AI infrastructure subsidiary of Abu Dhabi-based Group G42, has signed a lease agreement for a converted office complex in downtown Minneapolis.

May 19, 2026·3 min
Ukraine seizes a position with drones and robots for the first time — developer becomes a unicorn
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Ukraine seizes a position with drones and robots for the first time — developer becomes a unicorn

Ukrainian troops in April seized an enemy position using only unmanned systems. The developer company was valued at $1 billion.

May 19, 2026·1 min
Nyobolt raised $60M and became a unicorn thanks to its batteries for SymBot
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Nyobolt raised $60M and became a unicorn thanks to its batteries for SymBot

British startup Nyobolt closed a $60M Series C at a $1 billion valuation, becoming a unicorn. Its ultra-fast batteries already power Symbotic's warehouse robots.

May 19, 2026·3 min
LawX raised €7.5M to automate legal office operations
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LawX raised €7.5M to automate legal office operations

LawX, a Berlin-based startup founded by Dr Norman Koschmieder, has raised €7.5 million in its first funding round led by Motive Partners.

May 19, 2026·2 min
AustralianSuper: Agentic AI Can Dramatically Reshape the Pension Sector
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AustralianSuper: Agentic AI Can Dramatically Reshape the Pension Sector

AustralianSuper, Australia's largest pension fund managing assets worth A$410 billion, has stated that agent AI has the potential to fundamentally transform how this sector operates and how it serves…

May 19, 2026·2 min
Anthropic to present AI model Mythos to G20 financial regulators
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Anthropic to present AI model Mythos to G20 financial regulators

Anthropic received an unusual invitation: to present the AI model Mythos before the financial regulators of the G20.

May 19, 2026·2 min
Google I/O 2026: Gemini Intelligence, Android XR and the End of Chromebook
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Google I/O 2026: Gemini Intelligence, Android XR and the End of Chromebook

At Google I/O 2026, held May 19-20 in Mountain View, the company unveiled three strategic changes that will reshape its product landscape for years to come: a new Gemini Intelligence architecture, a…

May 19, 2026·3 min
Lexroom raises $50 million for AI focused on European civil law
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Lexroom raises $50 million for AI focused on European civil law

Italian startup Lexroom has raised $50 million in a Series B for its legal AI platform focused on civil law. 8,000+ law firms in Europe already use the service, which was trained on 6 million documents.

May 19, 2026·3 min
Exadel acquires London-based Tangent: merger of AI-engineering and UX-design
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Exadel acquires London-based Tangent: merger of AI-engineering and UX-design

The AI consulting ecosystem continues to consolidate. Exadel (owned by investment fund Sun Capital) has acquired Tangent, a London-based studio specializing in digital interface design and user…

May 19, 2026·3 min
Standard Chartered to cut 7,800 back-office positions through AI by 2030
LLMTNW

Standard Chartered to cut 7,800 back-office positions through AI by 2030

Standard Chartered, one of the world's largest global banks with assets exceeding 800 billion dollars, has announced an ambitious plan to transform its operations.

May 19, 2026·3 min
Australia's CBA appoints Professor Mary-Anne Williams as Chief AI Scientist
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Australia's CBA appoints Professor Mary-Anne Williams as Chief AI Scientist

Commonwealth Bank of Australia has brought in Professor Mary-Anne Williams as Chief AI Scientist, signaling that the development of foundational AI is a strategic priority.

May 19, 2026·3 min
Moonshot AI unwinds VIE structure in preparation for Hong Kong IPO
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Moonshot AI unwinds VIE structure in preparation for Hong Kong IPO

The developer of the Kimi chatbot is unwinding its VIE structure and preparing for a listing on the Hong Kong Stock Exchange, in what would be one of the largest IPOs among Chinese AI companies.

May 19, 2026·2 min
Barclays: humanoid robots will cover 60% of China's labor shortage
LLMTNW

Barclays: humanoid robots will cover 60% of China's labor shortage

Barclays analysts estimate that humanoid robots will be able to offset 60% of the labor force decline in China by 2035 — about 24 million units amid a 37 million drop in the working-age population.

May 19, 2026·3 min
Pope Leo XIV warned about the spiral of destruction from AI-weapons
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Pope Leo XIV warned about the spiral of destruction from AI-weapons

Pope Leo XIV completed a historic journey to Rome and delivered one of the most critical speeches of the modern era before an audience at La Sapienza University.

May 19, 2026·3 min
Musk lost his lawsuit against OpenAI and Altman
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Musk lost his lawsuit against OpenAI and Altman

Musk's lawsuit against OpenAI was dismissed by the court because it was filed after the statute of limitations had expired.

May 19, 2026·3 min
Amazon launched AI podcast generator based on content from 200+ publications
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Amazon launched AI podcast generator based on content from 200+ publications

Amazon introduced Alexa Podcasts, a new feature for Alexa+ subscribers that generates full podcast episodes on demand using licensed content from 200+ publications.

May 19, 2026·3 min
Meta to lay off 8,000 employees for $145 billion in AI investment
LLMTNW

Meta to lay off 8,000 employees for $145 billion in AI investment

Meta is beginning its biggest layoffs in three years: 8,000 people will be laid off amid record profits and $145 billion in AI infrastructure investment. *Meta has been designated an extremist organization and is banned

May 19, 2026·2 min
Lawrence Wong promises AI in Singapore will not lead to unemployment
LLMTNW

Lawrence Wong promises AI in Singapore will not lead to unemployment

Singapore's parliament pledged to prevent unemployment caused by AI. It is the clearest promise from a major Asian economy to avoid technological unemployment.

May 17, 2026·3 min
Moonshot AI reaches $20 billion valuation: Meituan and China Mobile invest $2 billion
LLMTNW

Moonshot AI reaches $20 billion valuation: Meituan and China Mobile invest $2 billion

Moonshot AI, developer of the Kimi chatbot, raised $2 billion and reached a $20 billion valuation — one of the fastest funding trajectories in China's AI sector.

May 17, 2026·2 min
Nexus Luxembourg 2026: why the AI conference will be the year's main event
LLMTNW

Nexus Luxembourg 2026: why the AI conference will be the year's main event

The third edition of the Nexus Luxembourg conference coincides with a critical moment: the entry into force of key provisions of the EU AI Act. Luxembourg is becoming the center of discussions about the future of AI in E

May 17, 2026·3 min