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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. Chief investment officer Anders Schelde calle
🌐 thenextweb.comSource
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. The commission, which handles unfair dismissal cl
🌐 thenextweb.comSource
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. The agreement was signed at LG Science
🌐 thenextweb.comSource
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 across North America. The deal
🌐 thenextweb.comSource
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. The spending spree reflects a c
🌐 thenextweb.comSource
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. The target was adjusted after consultations with advisers and investors, and could still move h
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From The Next Web: AI gave North Korean hackers a $600 million month. DeFi is still working out how to respond.
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From The Next Web: Chip export controls were not a major topic in Beijing, US Trade Rep Greer says
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From The Next Web: Figma’s numbers say AI is a tailwind. Its stock price says the market isn’t sure.
🌐 thenextweb.comSource
From The Next Web: Palantir’s numbers are working. For the first time, the story is not.