The Next Web

A four-month-old startup just raised $650 million to build AI that improves itself

Ex-Meta and DeepMind researchers raised $650m at a $4.65bn valuation for Recursive Superintelligence, a startup betting AI ...
The Next Web

Seven million cameras on seven million faces: the smart glasses privacy crisis no one can stop

Meta sold 7 million Ray-Ban smart glasses and owns 82% of the market. Women are being secretly filmed, lawsuits are mounting, and Apple, Google, and Snap want in.
The Next Web

Coutts raised its minimum to £3 million. Revolut just set its at £500,000. The mass-affluent gap is the point.

Revolut is launching a private banking unit in the UK and Europe this summer with a £500,000 threshold, filling the mass-affluent gap left by Coutts’ £3 million minimum, as the £4.5 billion-revenue ...
The Next Web

The UK spent £900 million on Palantir. Now it is spending £175 million on a British AI company to fix the tax gap.

HMRC has signed a 10-year, £175 million deal with London-based Quantexa to deploy AI for fraud detection and tax compliance in a major digital sovereignty shift.