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Tech / The Next Web ·

ElevenLabs could start preparing for an IPO in 2028, its CEO says

ElevenLabs could start preparing for an initial public offering (IPO) in 2028, chief executive Mati Staniszewski said on Tuesday. He spoke to Bloomberg’s Tom Mackenzie at the Bloomberg Tech event in London, as Yazhou Sun reported for Bloomberg. “We’d love to IPO, build a public company, build that…

Tech / The Next Web ·

Crédit Mutuel Arkéa says hackers carried out fraudulent transactions

French cooperative bank Crédit Mutuel Arkéa has confirmed that hackers accessed its systems and carried out fraudulent transactions, although the bank says the incident has been contained and customers’ money is safe. In a statement to customers on Wednesday, Arkéa said the attack was under…

Tech / The Next Web ·

UK cyber agency warns of AI-powered ransomware on infrastructure by 2028

The UK’s National Cyber Security Centre (NCSC) says attackers will highly likely use AI-powered malware in a ransomware attack on critical national infrastructure by 2028. The warning is in the NCSC annual review, The State of the Cyber Nation, published on 3 November. The NCSC, part of the GCHQ spy…

Tech / The Next Web ·

Brava secures $15M to help security teams find threats their systems miss

Artificial intelligence is changing how enterprises approach cybersecurity, particularly within security operations centers. The promise is straightforward. AI agents can analyze alerts, investigate suspicious activity, and help security teams respond with greater efficiency. But the technology…

Tech / The Next Web ·

Huawei tells some clients to source their own HBM, report says

Huawei has told some customers that its next flagship AI chip, the Ascend 960DT, will run largely on Samsung and SK Hynix memory, The Information reported. US export rules bar both South Korean companies from selling that high-bandwidth memory, known as HBM, to China. Chinese memory makers cannot…

Tech / The Next Web ·

SpaceX signs multi-year Qualcomm deal for tens of thousands of 5G sites

SpaceX has selected Qualcomm to supply the technology powering the ground-based 5G network behind Starlink Mobile, its planned US mobile service. Qualcomm announced the agreement today, with a nationwide rollout expected to begin in 2027. Over the course of the multi-year deal, SpaceX plans to…

Tech / The Verge ·

Xbox previews two new ways to control cloud games

I revealed yesterday that the new Xbox Nano controller supports a Wi-Fi connection directly to Xbox Cloud Gaming, and now Microsoft is making it official today. Two new Xbox previews will let players try out using a phone as a controller on smart TVs, as well as cloud connect on the Xbox Nano to…

Tech / The Verge ·

Google’s Pixel 11 phones are up to 27 percent off

You can save a heck of lot of money on Google’s Pixel 11 phones through November 8th, whether you want the best-for-the-least Pixel 11, or the slightly pricier Pixel 11 Pro that takes better photos. Even the big Pixel 11 Pro XL with a longer-lasting battery is hundreds off its original price. The…

Tech / The Next Web ·

Drax plans a £20B AI data centre at Britain’s largest power station

Drax runs Britain’s largest power station, in North Yorkshire. It plans to build an AI data centre there with Brookfield and Radiant, Brookfield’s UK-based AI infrastructure business. The site could eventually host more than 1GW of computing capacity, Drax said in a stock market statement on…

Tech / The Verge ·

Apple will check shared iCloud links for ‘harmful content’

Apple will start checking iCloud items that are accessible to anyone who has the link for "harmful content" starting with iOS 27.3 and other 27.3 updates, the company says. "When you share an item that can be accessed by Anyone with the Link in version 27.3 or later of iOS, iPadOS, macOS, and…

Tech / The Next Web ·

Google says a certified partner turned 1.3M Android TV boxes into a botnet

Google and its partners have shut down XCPE, a botnet that ran on more than 1.3 million Android TV boxes. Google says the device maker built it in on purpose, its Threat Intelligence Group wrote in a blog post on Monday. “A device manufacturer intentionally infecting their users with malware is an…

Tech / The Next Web ·

Most leaked logins are old, but infostealers reach 72% of firms

Infostealer malware exposed at least one employee or customer login at 72% of the 4,824 companies analysed across the US and Europe over the past year, according to research published by Swedish cybersecurity company Outpost24. The study identified 31.5 million exposed credentials in total, although…

Tech / The Next Web ·

South Korea will nearly double AI spending to $16B in a record budget

South Korea will spend 21.3 trillion won (about $16 billion) on AI, chips and AI data centres next year. President Lee Jae Myung set out the plan in his budget speech to the National Assembly on Monday. “We will invest 21.3 trillion won, nearly twice this year’s amount, in AI and the three…

Tech / The Next Web ·

Aramco’s profit rises to $31.2B as it takes 49% of Saudi AI firm HUMAIN

Saudi Aramco’s adjusted net income rose to $31.2 billion in the third quarter, from $28.6 billion a year earlier. The state oil company reported the figures in its results on Tuesday. Its report also highlights a new 49% stake in HUMAIN, Saudi Arabia’s state-backed AI company. Aramco is paying…

Tech / The Next Web ·

India’s EloElo raises $80M from NBCUniversal and Hornbill for Story TV

EloElo Group, the Bengaluru company behind the Indian microdrama app Story TV, has raised $80 million in a Series C round. Hornbill Capital and NBCUniversal co-led it, the company said in a statement. MIT Investment Co. joined, with existing backers Play Ventures, Kalaari Capital, Waterbridge…

Tech / The Verge ·

God of War Laufey delayed until May

God of War Laufey's release date is being delayed to May 20th, 2027, developer Santa Monica Studio announced today. It was previously set to launch on PS5 on February 16th. Here is Santa Monica Studio's full message about the delay: Since the reveal of God of War Laufey in June, we've been deeply…

Tech / The Next Web ·

Emirates SkyCargo launches AI Tech to fly server racks, chips and GPUs

Emirates SkyCargo has a new product for companies building out artificial intelligence. AI Tech is designed to move critical and sensitive AI infrastructure safely and on time, the cargo arm of Emirates said in a press release. It is built for capital equipment and other critical hardware as well as…

Tech / The Next Web ·

Bitcoin briefly hits multi-week low as Democrats win Congress

Bitcoin briefly fell to its lowest level in six weeks on Wednesday after Democrats won control of both the US Senate and House of Representatives in the midterm elections. The result could complicate the crypto industry’s push for faster deregulation, Reuters reported. The market recovered some of…

Tech / The Verge ·

Nintendo is losing a Switch cartridge supplier

Nintendo is about to lose a major memory supplier for its Switch cartridges. The supplier, Macronix, announced during a recent quarterly earnings call that it would be gradually phasing out ROM production and is instead focusing on NOR flash memory for data centers, Taipei Times reports.…

Tech / The Next Web ·

Binance says a fake job interview led to its $6.3B hack

Binance says the hackers behind its $6.3bn theft spent five months gaining access to employees’ computers before using an internal AI tool to take control of the exchange’s wallets. One of the initial breaches came through a fake job interview, according to an incident report Binance published on…

Tech / The Next Web ·

bit.bio raises $25M Series D as demand for its human cell models grows

Cambridge-based biotech company bit.bio has raised $25M in a Series D round, ten months after securing its previous investment. The company announced the new funding on Wednesday, with backing from existing investor M&G Investments and Dr Jonathan Milner, founder and former chief executive of…