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AI is killing the summer internship. The entry-level pipeline that built careers is breaking.
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AI is killing the summer internship. The entry-level pipeline that built careers is breaking.

The Next Web·Darius Popa·3 days ago
#F4LTDS4t

Katelyn Watterson owes her career to a summer internship. As a student at American University, she spent a summer working for a high-end beauty brand in New York. Her boss offered her a full-time job over drinks at the Plaza Hotel.…

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Ferrari’s CEO says the Luce deserves “respect.” Its former chairman says it deserves a different logo.
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Ferrari’s CEO says the Luce deserves “respect.” Its former chairman says it deserves a different logo.

The Next Web·Darius Popa·3 days ago
#nIJxL2Wr

Ferrari CEO Benedetto Vigna used a round table in Modena on Thursday to defend the €550,000 ($640,000) price tag for the Luce, the company’s first fully electric vehicle. The car was unveiled on Monday.…

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Berlin’s Stark is raising €300M at a €2.5B valuation. The kamikaze drone maker was founded 18 months ago.
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Berlin’s Stark is raising €300M at a €2.5B valuation. The kamikaze drone maker was founded 18 months ago.

The Next Web·Ana-Maria Stanciuc·3 days ago
#BYJ1srWH

Stark, a Berlin-based strike drone startup founded in 2024, is in discussions to raise at least €300 million at a valuation of approximately €2.5 billion, the Financial Times reported.…

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SpaceX just won a second Golden Dome contract. This one is $4.16 billion.
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SpaceX just won a second Golden Dome contract. This one is $4.16 billion.

The Next Web·Ana-Maria Stanciuc·3 days ago
#17TU1toJ
#thenextweb#billion#spacex#space#golden#dome

The US Space Force awarded SpaceX a $4.16 billion contract on Friday to build satellites that track foreign aircraft and missiles. The programme is called Space-Based Advanced Moving Target Indicator, or SB-AMTI.…

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Developers won’t work without AI anymore. The research says it might be making them worse.
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Developers won’t work without AI anymore. The research says it might be making them worse.

The Next Web·Ana Maria Constantin·3 days ago
#gMzn1nAh

In February 2026, AI research lab METR tried to repeat a groundbreaking study measuring how much time developers take to complete tasks with and without AI. It could not.…

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Picogrid raises $45M to become the neutral integration layer for modern defence
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Picogrid raises $45M to become the neutral integration layer for modern defence

The Next Web·Ana-Maria Stanciuc·3 days ago
#RiFSecFI

The Pentagon is buying defence hardware faster than it can make any of it talk to each other. Sensors, autonomous platforms, edge compute, electronic-warfare payloads, space and undersea systems, all arriving at once, each speaking its own dialect.…

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Autodesk buys MaintainX for $3.6bn to push from design into operations
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Autodesk buys MaintainX for $3.6bn to push from design into operations

The Next Web·Cristian Dina·3 days ago
#LGONNE8d

Autodesk has spent four decades selling the software that engineers and architects use to design buildings, factories and machines. With its latest acquisition, it is buying its way into what happens after those things are built.…

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A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance
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A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance

The Next Web·Alina Maria Stan·3 days ago
#ksFw4wjd

Denmark’s AkademikerPension, which manages roughly $25 billion for academic professionals, has said it will not participate in SpaceX’s initial public offering or buy shares in any secondary-market transaction, according to Bloomberg.…

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Australia’s workplace tribunal says AI-assisted claims have helped drive a 70% workload increase in three years
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Australia’s workplace tribunal says AI-assisted claims have helped drive a 70% workload increase in three years

The Next Web·Alina Maria Stan·3 days ago
#2tZBirrp

Australia’s Fair Work Commission has announced a review of its processes to cope with what it described as an estimated 70% workload increase over three years, driven in part by the proliferation of generative AI assistance tools.…

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Samsung and LG Uplus want to turn cell towers into radar for 6G
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Samsung and LG Uplus want to turn cell towers into radar for 6G

The Next Web·Alina Maria Stan·3 days ago
#vFH7UiVZ

Samsung Electronics and LG Uplus signed a memorandum of understanding on 27 May to jointly develop Integrated Sensing and Communication, or ISAC, a technology that would allow mobile network base stations to double as environmental sensors.…

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Dutch Uptmz acquired by Aizy to build one AI ad platform across Google, Microsoft and Meta
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Dutch Uptmz acquired by Aizy to build one AI ad platform across Google, Microsoft and Meta

The Next Web·Ana-Maria Stanciuc·3 days ago
#JGIE1XAp

The year-old Dutch startup is folding in a seven-year-old performance-marketing platform, betting that customers want AI, automation and human specialists in one place. Most startups spend their first year trying to survive.…

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CoStar is paying $800 million for Zonda to close the last gap in its real estate data empire
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CoStar is paying $800 million for Zonda to close the last gap in its real estate data empire

The Next Web·Cristian Dina·3 days ago
#Va8tEu66
#thenextweb#costar#zonda#real#estate#article

CoStar Group has agreed to acquire Zonda, the leading provider of new-home construction data, homebuilder software, and residential real estate marketplaces, for $800 million in cash.…

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ChargePoint partners with Powers Parts to fix the charging and support gap hitting electric transit fleets
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ChargePoint partners with Powers Parts to fix the charging and support gap hitting electric transit fleets

The Next Web·Alina Maria Stan·3 days ago
#OsWGfHEA

ChargePoint and Powers Parts, a national distributor of electric vehicle components and fleet replacement parts, have announced a partnership to sell ChargePoint charging hardware, software, and fleet management services directly to transit agencies…

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Asana buys no-code agent builder Stack AI as it tries to become the operating system for human-agent teams
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Asana buys no-code agent builder Stack AI as it tries to become the operating system for human-agent teams

The Next Web·Cristian Dina·4 days ago
#gM0uHyr4
#thenextweb#asana#million#agents#stack#agent

Asana has acquired Stack AI, a no-code platform for building AI agents that operate across enterprise systems like Salesforce, Slack, and Google Workspace.…

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Nvidia has spent $6.5 billion in three months to replace copper with light inside AI data centres
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Nvidia has spent $6.5 billion in three months to replace copper with light inside AI data centres

The Next Web·Alina Maria Stan·4 days ago
#EGm3Z4kE

Nvidia has committed at least $6.5 billion to photonics companies since the beginning of March, making it the largest single investor in the technology that many in the industry believe will replace copper wiring as the backbone of AI data centres.…

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EU-Nough tech rules? Founders, policymakers, and operators meet in Amsterdam to discuss Europeʼs scaling reality
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EU-Nough tech rules? Founders, policymakers, and operators meet in Amsterdam to discuss Europeʼs scaling reality

The Next Web·Ana-Maria Stanciuc·4 days ago
#FPBOau66

Independent research by DutchBasecamp and Ogni, based on 150+ founder perspectives across Europe, will be revealed at an exclusive Amsterdam event co-hosted with CCIA Europe on June 30.…

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SpaceX has cut its IPO valuation target to $1.8 trillion as marketing begins next week
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SpaceX has cut its IPO valuation target to $1.8 trillion as marketing begins next week

The Next Web·Alina Maria Stan·4 days ago
#EFCzQ8Bu

SpaceX is targeting a valuation of at least $1.8 trillion in its initial public offering, down from the $2 trillion-plus it was aiming for as recently as April, according to Bloomberg.…

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How to stop holding AI agents back
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How to stop holding AI agents back

The Next Web·Juras Jursenas·4 days ago
#B4Hjgfwi

Developers of agentic AI have been making some big claims. The promise has been of autonomous systems that can do everything, from booking our flights and keeping an eye on competitors in real time to handling entire procurement cycles , all without…

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