Emergent’s vibe coding platform hit a $1.5bn valuation a year after launch. Its founder says most businesses do not need software, they need a way to turn how they work into it. “Most businesses don’t need any software. They need a way to turn how they actually work into software.” That is how Mukund Jha […] This story continues at The Next Web
Spotify launched a conversational AI feature that lets Premium users type or speak directly in the app to control what plays, learn about music, and explore their listening history. The beta is rolling out for users 18 and older in the US, Ireland, and Sweden on iOS and Android. Users can ask Spotify to “play […] This story continues at The Next Web
Chai Discovery’s $400m raise triples its value to $3.8bn in seven months. It is the latest sign that AI drug discovery has moved from promise to deployment. AI drug discovery just minted another fast-rising star. Chai Discovery has raised a $400m Series C that values the San Francisco startup at $3.8bn, the company said. That […] This story continues at The Next Web
OnePlus, the Android brand that built a cult following with aggressively priced smartphones, will begin to cease operations in the US and Europe as early as this week, Bloomberg reported. The shutdown is part of a broader restructuring at parent company Oppo. Realme, another Oppo mobile brand, will also exit the China market. While OnePlus […] This story continues at The Next Web
South Korea’s Ministry of Science and ICT opened bidding on July 13 for a free, unlimited AI chatbot and public-service agent available to all 52 million residents. The programme, called “AI for Everyone,” would make South Korea the first G20 nation to offer AI to its entire population as a public service. Two or three […] This story continues at The Next Web
China’s biggest memory chipmaker is about to test the public markets. ChangXin Memory Technologies, known as CXMT, has priced its Shanghai IPO at 8.66 yuan ($1.28) a share, the South China Morning Post reported. The sale will raise about 57.9 billion yuan, or $8.5bn. That would make it the largest listing by a Chinese semiconductor […] This story continues at The Next Web
Reflection AI has locked in more computing power. The US startup signed an AI compute deal worth more than $1bn with Nebius, the Amsterdam-based cloud provider, according to Bloomberg. The agreement runs through 2029. It gives Reflection access to Nvidia’s newest GB300 chips. Nebius confirmed the deal. Its shares have more than doubled this year […] This story continues at The Next Web
DeepSeek is getting ready to go public. The Chinese AI lab has started laying the groundwork for an initial public offering, according to Bloomberg. It could file as soon as this year, with a debut targeted for 2027. First, though, it wants to raise more in private. The Hangzhou lab closed its first-ever outside round […] This story continues at The Next Web
ASML is working to cut the time it takes to build and test its extreme ultraviolet lithography machines by roughly a third, CFO Roger Dassen told reporters on Wednesday. The cycle time, the period between starting production in ASML’s clean rooms and shipping, was about 22 weeks a few quarters ago. “We’re now looking at […] This story continues at The Next Web
Apple is in early talks with PrismML, a startup that shrinks large AI models to run directly on a phone. The company’s on-device AI pitch could help Apple keep more of Siri’s work off the cloud. PrismML chief executive Babak Hassibi told CNBC that Apple and other companies were evaluating its technology. He called the […] This story continues at The Next Web
