TNW

Data centres raise New Yorkers' bills. The state just froze them. Governor Hochul paused new data centres drawing 50 megawatts or more, and skipped the bill her own legislature passed to do it. Nationwide, grassroots opposition has already blocked 130 billion dollars of projects this year. thenextweb.com/news/new-york-…

JPMorgan cut 40% of some jobs. Profit hit $21B. Dimon says the AI savings won't lift the bank's margins at all. Every rival deploys AI too, so the gains flow to customers. thenextweb.com/news/jpmorgan-…

Google's Nobel laureate wants a referee. With the power to pause. Demis Hassabis says AGI is only a few short years away. He wants a FINRA-style body that can slow his own industry. Within 18 months, bio and nuclear risks could emerge. thenextweb.com/news/demis-has…

26 workers sued Meta. Its AI allegedly picked them. Each had taken protected medical leave, and each says Meta's output metrics gave them fewer data points to be judged on. The 71-page suit names Metamate, keystroke tracking, and token dashboards. Meta says people made the cuts, not AI. thenextweb.com/news/meta-laws…

DeepSeek raised 7.4 billion dollars. Its founder funded 40% of it himself. Liang Wenfeng put in 3 billion of his own money and handed investors no governance rights. The round was still oversubscribed, it added 19 billion to his fortune overnight, and he now answers to nobody who wrote a cheque. thenextweb.com/news/liang-wen…

Microsoft built the AI giants. Now its chief says they're eating your know-how. Satya Nadella says you pay for AI twice: once in cash, once in the secrets you feed it. Every correction you make quietly trains a model your competitor could never buy, and he runs the company that helped build the machine. thenextweb.com/news/nadella-r…

Musk called Altman a scammer. Altman called it marketing. The two men who founded OpenAI spent the weekend insulting each other after Apple sued the company. Altman's reply: the most reliable sign his new model is the best is that Elon is obsessed with him again. thenextweb.com/news/musk-altm…

Yann LeCun raised $1B in March. This fund lasted 8 hours. A new firm named him a partner Friday morning, listed 29 investments, then went dark by night. LeCun withdrew, the site came back stripped of names, and nobody has explained the SEC filing no one can find. thenextweb.com/news/yann-lecu…

OpenAI spent $6.5B to kill the iPhone. Apple went to court. Apple doesn't need a verdict to win. Every month OpenAI spends in depositions is a month it isn't shipping the device meant to replace the iPhone, and the trial could take years. thenextweb.com/news/apple-ope…

Chip profits are set to jump from 90tn to 600tn won. From just 2 companies. South Korea just wrote its biggest-ever budget, $531bn, on that windfall. Memory chips have crashed before, and the whole plan rests on Samsung and SK Hynix riding one AI wave. thenextweb.com/news/south-kor…

TCS is hiring 8,900 people to defend against AI. The tool it's building replaces the exact billable hours its business sells. It added 9,279 workers and grew revenue 14% doing it, betting AI creates jobs faster than it deletes them. thenextweb.com/news/tcs-forwa…

Half of the biggest AI firms, owned by the public. 69% agree. A year ago that polled as fringe, but tech drove a third of 2026 layoffs while the same firms raised AI spending, and the mood curdled fast. thenextweb.com/news/most-amer…

AI just did what the fossil-fuel industry never could. It set off the largest gas-plant building boom in history, and advocates who can't outbuild it are now going after the regulators who control grid access instead. thenextweb.com/news/ai-data-c…

16,000 Amazon workers left in January. The survivors are not fine either. The work never shrank with the headcount, so the people who stayed absorb it all, with searches for the ones who left now stretching to 18 months. thenextweb.com/news/amazon-la…

Meta's stock soared 15%. Advertising had nothing to do with it. The whole rally rests on Meta Compute, a business that has sold nothing yet and never served a single external customer. thenextweb.com/news/meta-stoc…

OpenAI's safety chief left. It's the 4th shakeup in 2 years. Superalignment, AGI Readiness, and Mission Alignment all closed since 2024. Now safety reports into research, and the head of safety systems is walking out the door. thenextweb.com/news/openai-he…

The EU wants Meta to switch off infinite scroll. The fine could hit $12B. Brussels isn't going after what's on Facebook. It's going after how the feed is built. The charge: autoplay and infinite scroll push users into "autopilot mode." thenextweb.com/news/eu-meta-a…

OpenAI hired 400 Apple veterans. Now Apple is suing over stolen secrets. The suit names OpenAI's hardware chief, who spent 24 years designing the iPhone. Apple says one engineer texted a colleague that he could still access its network storage, "so funny." thenextweb.com/news/apple-sue…

MiniMax raised $2bn. Its shares are down 80%. Its founder just told staff he'll take no salary until the company builds AGI, and he's giving away 5% of his stake. thenextweb.com/news/minimax-2…

Google auto-labels AI on YouTube. For ads, it just asks nicely. Ads made with its own tools get flagged automatically. Ads made anywhere else run on the advertiser's word, and Google won't check. thenextweb.com/news/google-di…