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TNW

GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.

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Apple is building a bill-splitting feature that photographs receipts and assigns items to friends

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Hackers hijacked Instagram accounts by asking Meta’s own AI chatbot to reset the password

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IBM is up 30% in a month as Barclays says its software business is the antidote to the SaaSpocalypse

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A WordPress plugin sold to 15,000 sites has a flaw that lets anyone create an admin account, and attackers are already using it

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Former Meta CTO raises $250 million for climate tech as the rest of venture capital chases AI

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A GTA V cheat service that promised “enhanced privacy” just got hacked, exposing 64,000 accounts

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Tencent is letting PayPal users pay through WeChat’s merchant network, solving China’s tourist payment problem

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The space stock rally is cracking as investors prepare to swap proxies for SpaceX itself

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Anthropic’s IPO filing means Salesforce’s early AI bet is about to become its most profitable investment

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Quantinuum boosts its IPO to $1.46 billion as orders hit double-digit multiples of available shares

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Anthropic files confidentially for an IPO, potentially beating OpenAI to Wall Street after eclipsing it in valuation

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Florida becomes the first state to sue OpenAI, naming Altman personally and calling ChatGPT a defective product

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A strike at one Michigan axle plant could choke production of GM’s most profitable vehicles

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Anthropic is finally giving the EU access to Mythos, ending weeks of standoff over the world’s most powerful cybersecurity AI

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QTREX is betting on the layer beneath quantum computing

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Salesforce is acquiring Contentful to give Agentforce a content layer that can assemble experiences on the fly

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AI is crushing startup valuations for companies that raised before ChatGPT existed

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Akeso’s lung cancer drug reduces death risk by 34%, marking the first Chinese drug at ASCO’s top stage in 61 years

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US export controls are pushing China’s AI chip industry away from GPUs and toward custom silicon

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AI eclipsed nuclear weapons as the dominant threat at Asia’s premier defense summit

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LG Electronics has quadrupled this year. The catalyst: a meeting with Jensen Huang about physical AI.

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Jensen Huang opens Computex with Vera Rubin in production and a move into Windows PCs

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Nadella quietly dismantled Microsoft’s leadership structure. The SLT that ran the company for decades is gone.

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Nvidia looks beyond China’s Unitree for its humanoid robot push

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PLD Space raises its Kourou launch-complex investment to €35m

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Vertice buys Vendr to build what it calls the largest procurement dataset

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Runway picks London for its European headquarters with a $200m UK pledge

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NVIDIA names Anthropic and OpenAI among first users of its Vera chip

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Two days to go: TNW’s Amsterdam gathering on what it takes to win in AI-native SaaS

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MiniMax eyes a Shanghai listing after a 400% run in Hong Kong

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Meta’s employee mouse-click tracking tool is collecting EU data it said it would not collect

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ASML spinout Invisix raises €20M to see inside the chips optics can’t

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China formalises tougher outbound-investment rules after the Meta-Manus blockade

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US moves to close the loophole letting Nvidia’s top chips reach Chinese firms abroad

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SoftBank overtakes Toyota as Japan’s most valuable company on the AI rally

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Dell’s $699 XPS 13 walks straight into MacBook Neo territory

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Revolut, Mistral and Wayve founders back Balderton’s ‘Built in Europe’ push

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China just told its tech giants to stop fighting on price and start investing in AI

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Apple destroyed the mid-tier watch market. Now it’s coming for the $200 billion eyewear industry.

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Tesla has 42 robotaxis in Texas. Waymo has 577. The gap is now public record.

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LG Electronics stock jumped 24% in a day after unveiling Google-based car tech that cuts automaker costs

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The people who trained Tesla’s self-driving AI won’t ride in it

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DuckDuckGo installs jumped 18% after Google killed the blue links. On Apple devices, the spike hit 70%.

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20 Snap alumni launched an angel fund for the next generation of social media. They think “social” and “media” have split.

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A 9-gigawatt data centre outraged a Utah community. The governor just issued new rules.

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SoftBank is investing €75 billion to build 5 gigawatts of AI data centres in France. It’s Son’s biggest European bet.

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Meta is building an AI pendant. It also plans a business subscription called Wearables for Work.

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Social media companies paid a school district more than its annual budget to avoid trial

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Anthropic named eight firms selling its shares illegally. After the backlash, it quietly removed four.

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