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The EU clears the $55bn Saudi-led buyout of EA under its subsidy rules

Jul31
by Sindy Cator on July 31, 2026 at 1:48 pm
Posted In: Uncategorized

The European Commission approved the PIF-led take-private of Electronic Arts under its Foreign Subsidies Regulation, removing one of the last hurdles to the biggest leveraged buyout ever. The European Union has cleared the $55bn takeover of Electronic Arts by a Saudi-led consortium, removing one of the last regulatory hurdles to the largest leveraged buyout in […]

This story continues at The Next Web

└ Tags: business, eu, Next Featured, web
 Comment 
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BYD’s answer to its car-sales slump: a humanoid robot in every showroom

Jul30
by Sindy Cator on July 30, 2026 at 7:59 pm
Posted In: artificial intelligence, Cars, robots

BYD sells more electric cars than anyone. Next month, it wants to sell you one using a robot. China’s biggest EV maker will unveil its first humanoid robot in August, at its Di Space experience centres in Zhengzhou, the company told the South China Morning Post. It will be a working prototype, not a concept, […]

This story continues at The Next Web

└ Tags: Artificial Intelligence, business, Cars, china, Robots, Space, web
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Lava Tokenization Sandbox Gives Electric Blue the Infrastructure for a €500M Rollout in Germany

Jul30
by Sindy Cator on July 30, 2026 at 12:20 am
Posted In: Uncategorized

The energy firm is the first live test case for Lava Network’s tokenization sandbox, which says it has fielded 40-plus institutional applications since June. Germany has a battery problem. Last year, the country curtailed more than 2,700 GWh of solar generation and spent 573 hours with negative electricity prices, the telltale sign of a grid […]

This story continues at The Next Web

└ Tags: Battery, energy, Fintech and ecommerce, infrastructure, Sustainability, web
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The US just banned ‘foreign’ robots and inverters, and it means China

Jul29
by Sindy Cator on July 29, 2026 at 12:02 am
Posted In: artificial intelligence, robots

The United States has moved to block new imports of foreign-made robots and power inverters. Officials fear a hostile power could spy through them, or switch them off from afar. The order never says China. It does not need to. The Federal Communications Commission added two categories to its Covered List on Tuesday, as first […]

This story continues at The Next Web

└ Tags: Artificial Intelligence, china, Next Featured, on, politics, Robots, security, united states, web
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Anthropic’s Dario Amodei says the company has never called for banning open-weight AI models

Jul28
by Sindy Cator on July 28, 2026 at 12:06 am
Posted In: artificial intelligence

Dario Amodei published Anthropic’s formal position on open-weights models on Sunday, breaking a silence that had drawn accusations that the company wanted to ban open-weight AI to protect its business. “Anthropic has never advocated for a ban on open-weights models,” Amodei wrote. “Open-weights models that don’t have dangerous capabilities are a public good.” The post […]

This story continues at The Next Web

└ Tags: Anthropic, Artificial Intelligence, business, Government and policy, on, web
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