TNW News : Politics

Every major government now has an AI strategy. Most involve pilot programmes, task forces, and multi-year roadmaps that promise transformation without specifying a deadline. Dubai has taken a different approach. On Sunday, Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched an initiative to transition the emirate’s entire private sector toward agentic AI […]

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Apple has spent more than a decade trying to get every gym, cinema, airline, and transit system on Earth to build native passes for its Wallet app. Most have not. The gym down your street still gives you a QR code in a standalone app. The cinema chain still emails you a PDF. The local […]

TNW News : Crypto

  Katie Haun has raised $1 billion for two new venture funds at Haun Ventures, split evenly between early and later-stage vehicles to be deployed over the next two to three years. The capital will go into crypto and blockchain companies, which have been the firm’s focus since Haun left Andreessen Horowitz in 2022 to […]

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There are more than 8,000 active satellites in orbit. By 2030, there will be more than 25,000. A single geomagnetic storm, the kind the sun produces several hundred times during a solar maximum, could cost the satellite industry $40 billion. In February 2022, a moderate storm knocked 40 freshly launched Starlink satellites out of orbit, […]

TNW News : Business

The Geneva-based chipmaker has shipped over 5 billion RF antenna chips to Starlink and now expects its low-Earth-orbit business alone to deliver more than $3bn in cumulative revenue between 2026 and 2028. Orbital data centres are an option for later. When STMicroelectronics first qualified its chips for the European Space Agency in 1977, the satellite […]

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  Elon Musk texted Greg Brockman two days before trial to ask about settling. Brockman suggested Musk drop all claims against the individuals. Musk replied: “By the end of this week, you and Sam will be the most hated men in America. If you insist, so it will be.” The exchange, disclosed in a court […]

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Ryan Cohen announced on Saturday that GameStop has submitted an unsolicited, non-binding proposal to acquire eBay for $125 per share, a cash-and-stock offer valuing the e-commerce company at approximately $55.5 billion. GameStop’s market capitalisation at the time of the offer was $11.9 billion. eBay’s was $46.2 billion. The company proposing to buy is roughly a […]

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Eighteen months after a €9m pre-seed, the Freiburg-based pioneer of TabPFN is being acquired by SAP and will receive more than €1bn over four years. The terms are not disclosed; the strategic intent is unmistakable. When Frank Hutter, Noah Hollmann, and Sauraj Gambhir founded Prior Labs in early 2024, the AI world was paying attention […]

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The European Commission has formally recommended that member states keep Huawei and ZTE out of their connectivity infrastructure. The same restrictions are now moving toward becoming legally binding. China has already threatened to retaliate. When the European Commission first asked its member states to keep Huawei and ZTE out of their 5G networks, in the […]

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An Anthropic AI model that can find zero-days in every major operating system has become a geopolitical and prudential question. The Eurogroup met in Brussels on Monday with no answer in hand. Brussels on a Monday morning in early May is not, by tradition, the place where the world’s most powerful AI model gets discussed. […]