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South Korea’s AI chip boom is so strong it’s crushing the bond market

maandag 8 juni 2026 inThe Next Web (Mac algemeen)

The AI boom that has made Samsung and SK Hynix trillion-dollar companies and sent the Kospi up roughly 80% is doing something unusual to South Korea’s bond market: destroying it. Korean government bonds have lost 7.5% in 2026 in local-currency terms…

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Mexico unveils the Olinia Uno, an $8,600 government-backed electric vehicle designed for city streets

maandag 8 juni 2026 inThe Next Web (Mac algemeen)

Mexico’s government-backed electric vehicle project Olinia has unveiled its first prototype, a six-seat passenger vehicle called the Olinia Uno, at a ceremony where President Claudia Sheinbaum drove the car onto a stage inside a Mexican Air Force ha…

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Spotify is licensing live concert video and reserving tickets for superfans

maandag 8 juni 2026 inThe Next Web (Mac algemeen)

Spotify has approached concert promoters about licensing the rights to stream live video from music festivals, according to Bloomberg, as the Swedish streaming company pushes to become a broader hub for the live music economy. The company has alread…

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China wants slimmer EVs after batteries and features made them too heavy for parking spaces

zondag 7 juni 2026 inThe Next Web (Mac algemeen)

China wants its electric vehicles to go on a diet. The average passenger car in the country weighed 1,704 kg in 2024, roughly a third more than in 2012, state broadcaster CCTV reported on Sunday. Many popular SUVs and MPVs now approach or exceed 2 m…

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Trump signs memo putting ‘most advanced AI’ into military hands and banning vendors from pulling the plug

zondag 7 juni 2026 inThe Next Web (Mac algemeen)

President Trump signed a national security presidential memorandum on Friday ordering the US military and intelligence agencies to accelerate their adoption of cutting-edge AI. The directive, NSPM-11, establishes a framework for “rapid onboarding of…

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OpenAI adds Lockdown Mode to ChatGPT to block data theft from prompt injection attacks

zondag 7 juni 2026 inThe Next Web (Mac algemeen)

OpenAI has begun rolling out Lockdown Mode to ChatGPT, a new security setting designed to block attackers from stealing data through prompt injection attacks. The feature disables live web browsing, agent mode, deep research, image retrieval, Canvas…

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Trump’s top AI adviser Sriram Krishnan is stepping down from the White House

zondag 7 juni 2026 inThe Next Web (Mac algemeen)

Sriram Krishnan, the White House’s senior policy adviser on artificial intelligence, is stepping down. The former Andreessen Horowitz partner was tapped by President Donald Trump to help shape the administration’s AI strategy during his second term.…

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Chinese EVs are circling the US market. Detroit’s best option may be to partner with them.

zaterdag 6 juni 2026 inThe Next Web (Mac algemeen)

Chinese electric vehicles face 125% cumulative tariffs, a proposed Senate ban, and fierce opposition from lawmakers and the US auto industry. But there is a growing possibility that Chinese EVs will be sold in the US within the next few years. The r…

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Swiss startup GR3N raises €15.5M to build the world’s first microwave-powered PET recycling plant

zaterdag 6 juni 2026 inThe Next Web (Mac algemeen)

Swiss cleantech startup GR3N has raised €15.5 million in a Series B round to build the world’s first commercial-scale microwave-assisted PET recycling plant. The round was led by 360 Capital, with new investor VP Textile also participating. The proc…

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Self-replicating Miasma worm hits 73 Microsoft GitHub repositories in supply chain attack

zaterdag 6 juni 2026 inThe Next Web (Mac algemeen)

The self-replicating Miasma worm has reached Microsoft‘s own GitHub repositories. GitHub disabled 73 repositories across four Microsoft organisations, including Azure, Azure-Samples, Microsoft, and MicrosoftDocs, after the worm planted malicious cod…

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An AI agent found 21 zero-days in FFmpeg for $1,000. Chrome just patched a record 429 bugs.

zaterdag 6 juni 2026 inThe Next Web (Mac algemeen)

A security startup’s autonomous AI agent found 21 previously unknown vulnerabilities in FFmpeg, the open-source media library embedded in almost everything that touches video. The startup, depthfirst, says the run cost roughly $1,000 in compute. Som…

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Reid Hoffman leaves Microsoft’s board to go ‘founder mode’ with AI drug startup Manus

zaterdag 6 juni 2026 inThe Next Web (Mac algemeen)

Reid Hoffman is stepping down from Microsoft‘s board of directors after nearly a decade. The company disclosed the departure in a regulatory filing on Thursday. Hoffman said he wants to go “founder mode” with Manus, his AI-powered drug discovery sta…

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Former IBM cybersecurity exec accuses company of covering up years of Chinese hacking

zaterdag 6 juni 2026 inThe Next Web (Mac algemeen)

A former IBM cybersecurity executive has accused the company of concealing multiple data breaches by Chinese state-linked hackers. William Barlow served as IBM’s vice president of threat intelligence until August 2019. In a whistleblower lawsuit uns…

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Trump wants the American public to own a piece of OpenAI. Nobody knows how that would work.

zaterdag 6 juni 2026 inThe Next Web (Mac algemeen)

President Donald Trump said on Thursday that he will likely meet with AI companies at the White House next week to discuss what he called a federal government “partnership” that would let the American public profit from the industry’s success. “Ther…

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GM’s $900 million bet on a battery chemistry no one has commercialised could slash EV prices by 2028

zaterdag 6 juni 2026 inThe Next Web (Mac algemeen)

Hidden among the landmarks of General Motors’ Warren Tech Center outside Detroit is a pair of nondescript off-white buildings that house the company’s most consequential investment in years. The new Battery Cell Development Centre, spanning 500,000 …

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Google will pay SpaceX $920 million a month for AI compute as Musk turns a data centre built for Grok into a cash machine

zaterdag 6 juni 2026 inThe Next Web (Mac algemeen)

SpaceX has signed its second massive compute deal in a month, this time with Google. Under the terms disclosed in a regulatory filing on Friday, Google will pay SpaceX $920 million per month from October 2026 through June 2029 for access to approxim…

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The 10 best press release distribution services for 2026

zaterdag 6 juni 2026 inThe Next Web (Mac algemeen)

Picking a press release distribution service feels a lot like shopping for phone plans. Every provider claims the widest reach and the best value. Then you read the fine print and realize the advertised price covers text-only distribution, images co…

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Russia readies a smaller Starlink, and a 2027 deadline it keeps moving

vrijdag 5 juni 2026 inThe Next Web (Mac algemeen)

Russia intends to switch on a commercial version of its homegrown answer to Starlink next year, according to people familiar with the programme cited by Reuters, the latest milestone in a project that has been promising to arrive for most of a decad…

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Airbnb’s Chesky helped put Sam Altman back in power. Now he’s building an AI lab to compete with him.

vrijdag 5 juni 2026 inThe Next Web (Mac algemeen)

Brian Chesky has spent years as an AI kingmaker. He met Sam Altman through Y Combinator in 2006, advised him on managing OpenAI’s hypergrowth, and helped broker Altman’s return to power after the board fired him in November 2023. He was reportedly c…

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Token prices fell 98%. Enterprise AI bills tripled. Now the industry wants a standards body to explain why.

vrijdag 5 juni 2026 inThe Next Web (Mac algemeen)

Uber blew through its entire 2026 AI coding budget by April. Microsoft revoked its developers’ Claude Code licences six months after enabling them. One company reportedly ran up a $500 million Claude bill in a single month after forgetting to set us…

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Von der Leyen’s AI envoy pick triggers conflict-of-interest backlash weeks after Siemens helped gut the AI Act

vrijdag 5 juni 2026 inThe Next Web (Mac algemeen)

The European Commission has appointed Jim Hagemann Snabe, chairman of Siemens’ supervisory board, as its special envoy for industrial artificial intelligence. He will advise Commission President Ursula von der Leyen and tech sovereignty chief Henna …

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