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European banking watchdogs ECB and ESRB warn that frontier AI models pose “systemic risks to the financial system”, giving lenders four months to prepare

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https://media.thenextweb.com/2026/07/Gyre-Energy-founders.avif

Gyre Energy raises $1.3m to make the world’s cold stores work less when power costs most

Across a scorching European summer, the least glamorous machines in the economy have been quietly straining. In cold stores and distribution depots, compressors run harder as the mercury climbs, pulling more power at exactly the hours power is dearest. It is a problem most operators have simply lived with. Gyre

https://media.thenextweb.com/2026/04/Social-media-ban.avif

Australia’s under-16 social media ban stumbles at the first age check, testers find

The world’s first national ban on social media for under-16s is faltering at the very first gate, according to the testers who helped Australia’s government design its age-check regime. In a follow-up study first reported by Reuters, the team opened 50 accounts across nine of the 10 platforms

https://media.thenextweb.com/2026/07/Samsung-Electronics.avif

Samsung’s Q2 profit jumps 19-fold to 89 trillion won on AI memory demand

Samsung Electronics guided to second-quarter operating profit of about 89.4 trillion won ($58.4bn) on Tuesday, roughly 19 times what it made in the same period a year earlier and, by most counts, the largest quarterly operating profit any technology company has ever reported. It is Samsung’s third

https://media.thenextweb.com/2026/07/CISA.avif

US cyber agency is using Anthropic’s Mythos to audit government code, sources say

A federal defender is reportedly pointing a private, offensive-grade AI model at the government’s own software, though almost nothing about the work is on the record. The US Cybersecurity and Infrastructure Security Agency is using Anthropic’s AI model Mythos to hunt for bugs in government software, according to