Business

If it’s important, don’t ask the team to try harder.

Instead, create the conditions for ordinary effort to produce redundant outputs that reduce crises.

If quality is a problem, look at the system, not the people.

Read More

The Luxembourg startup is taking a deliberately earth-first approach: proving radio-frequency wireless power transmission on the ground before scaling to orbit. Its CTO ran ESA’s Solaris SBSP initiative until the agency paused it in 2024. Daphni led the pre-seed round. The person best placed to know why the European Space Agency decided not to press […]

This story continues at The Next WebRead More

The standalone app, built on the AT Protocol and powered by Anthropic’s Claude, was unveiled at the ATmosphere conference by Jay Graber, who stepped back from Bluesky’s CEO role specifically to build it. It’s currently invite-only, with a waitlist open. Bluesky’s best-known differentiator from X and Threads has always been its custom feed system, the […]

This story continues at The Next WebRead More

The Helsinki-based company, which builds and sells full-stack superconducting quantum computers for on-premises deployment, disclosed the financing today. It was secured before the February announcement of IQM’s SPAC merger with Real Asset Acquisition Corp at a $1.8B valuation. IQM Quantum Computers has secured a €50 million financing package, approximately $57.6 million, from funds and accounts […]

This story continues at The Next WebRead More

The French AI company has secured the financing from a seven-bank consortium including BNP Paribas, Crédit Agricole CIB, HSBC, and MUFG. The data centre at Bruyères-le-Châtel is expected to be operational in Q2 2026 and is part of a broader push for European AI compute sovereignty. Mistral AI has raised $830 million in debt, its […]

This story continues at The Next WebRead More

This CMO-first digest is the latest offering in ADWEEK’s Marketing Vanguard franchise: a collection of invitation-only events, including our signature Inspiration Excursions and annual Summit; our weekly Marketing Vanguard podcast; our annual Marketing Vanguard Awards list; and curated content and dialogs, with membership at the center.Read More

A week that spanned semiconductor physics, orbital logistics, defence interceptors, and carob-based chocolate tells you something about the breadth of European and European adjacent capital right now. The dominant thread is not a single sector but a single instinct: back the infrastructure layer, whether that means chip interconnects, satellite transfer vehicles, or the AI plumbing […]

This story continues at The Next WebRead More

“The odds of winning the lottery are the same whether you buy a ticket or not.”

This seems nonsensical at first. Obviously, there are lottery winners. Therefore, the odds aren’t the same.

Except we’re not mathematicians doing a math problem (at least most of us). Odds are how we navigate the world. When they’re sufficiently low, the useful approach is to assume that they’re zero. Sort of how we deal with invisible signals: There’s sound in a very quiet room, but we can’t hear it. There’s light in a very dark room, but we can’t see it. These never go to zero, but we treat them as if they do.

The story of playing very long odds might give you hope or solace or energize you. That’s what they make movies about, after all. But in practice, you’re buying that story, not a useful chance of winning something.

Paul McGowan points out that the difference between a $500 stereo and a $5000 stereo is enormous. But the difference between the more expensive stereo’s sound and one costing $50,000 is vanishingly small… Soon it becomes a story, not a sound.

Buy the best story you can afford, with all the benefits it comes with. But don’t be confused by the odds or tiny differences. They’re probably zero.

Read More

Every co-founder Elon Musk recruited to build xAI has now reportedly left the company. Manuel Kroiss, who led the pretraining team, told people this month that he was departing. Ross Nordeen, described by Business Insider as Musk’s “right-hand operator,” left on Friday. They were the last two of eleven co-founders, all of whom have exited […]

This story continues at The Next WebRead More

Meta is preparing to launch two new Ray-Ban smart glasses models designed specifically for prescription wearers, according to a Bloomberg report published on Thursday. The models, codenamed Scriber and Blazer, were first spotted in Federal Communications Commission filings and are expected to reach consumers as early as next week. They do not represent a new […]

This story continues at The Next WebRead More