Amazon is spending $5M to kill a single New York City bill, and the size of that cheque is the most honest story the company has said about the fight. The measure is the Delivery Protection Act, backed by Mayor Zohran Mamdani and carrying a majority of the City Council, and it would do the […] This story continues at The Next Web
Nick Blair, a son of former UK prime minister Tony Blair, is trying to raise around $200m for a defence-tech startup that has not yet launched, reported by the Financial Times and described as ongoing and unconfirmed. The company, London-based Pyra, is said to be in talks with investors that are not finalised, which makes […] This story continues at The Next Web
HSBC Asset Management has taken a stake in Model ML, a London startup building what it calls an agentic operating system for financial services, and the deal says as much about where the industry now thinks the value in enterprise AI is settling as it does about any single company. The investment was made through […] This story continues at The Next Web
Amkor Technology, one of the world’s largest outsourced chip assembly and testing firms, is weighing a sale of a stake in its China operations, a deal that could value the unit at between $1bn and $1.5bn, according to Bloomberg. The Arizona-based company, which has been pouring record sums into advanced packaging, has engaged an adviser to […] This story continues at The Next Web
VinSpace, a Vietnamese space startup that did not exist a year ago, has signed a contract with SpaceX to send its first home-built satellites into orbit in 2027. The company, a subsidiary of the sprawling Vingroup conglomerate, will hitch a ride on one of SpaceX’s Transporter rideshare missions, the orbital equivalent of a shared taxi […] This story continues at The Next Web
Uniper, the German energy giant that Berlin rescued from collapse three years ago, is betting its next chapter on the server racks now reshaping Europe’s power market. The utility plans to invest around €5bn ($5.7bn) by 2030 in a strategy that pivots hard toward data centres, and toward the electricity they consume in ever greater […] This story continues at The Next Web
Anthropic has struck another enormous deal to feed its appetite for computing power, and this time the counterparty is a company that until recently made its money digging up bitcoin. The twenty-year arrangement is worth $9.1 billion and gives the Claude maker a large slab of capacity at a Texas campus that Riot Platforms is […] This story continues at The Next Web
US House Democrats have decided that AI agents breaking loose from their test environments is a matter for Congress, and on Monday they put that view in writing. Two letters went out, one to OpenAI and one to Anthropic, each demanding an account of how the companies’ own systems slipped their leashes during security testing, […] This story continues at The Next Web
US appeals court has cleared thousands of lawsuits accusing the biggest social media companies of harming young people to move towards trial, in a ruling that chips away at the legal shield the tech industry has relied on for decades. On 10 August 2026, a three-judge panel of the Ninth Circuit Court of Appeals rejected […] This story continues at The Next Web
Intel has announced a $15bn common-stock offering, a sale that could swell to as much as $20bn if underwriters take up their overallotment options. It is a bold move for a company that, not long ago, looked like a cautionary tale, and it shows just how far the chipmaker’s fortunes have turned in the space […] This story continues at The Next Web
