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AI is killing the summer internship. The entry-level pipeline that built careers is breaking.
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AI is killing the summer internship. The entry-level pipeline that built careers is breaking.

Katelyn Watterson owes her career to a summer internship. As a student at American University, she spent a summer working for a high-end beauty brand in New York. Her boss offered her a full-time job over drinks at the Plaza Hotel.…

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Ferrari’s CEO says the Luce deserves “respect.” Its former chairman says it deserves a different logo.
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Ferrari’s CEO says the Luce deserves “respect.” Its former chairman says it deserves a different logo.

Ferrari CEO Benedetto Vigna used a round table in Modena on Thursday to defend the €550,000 ($640,000) price tag for the Luce, the company’s first fully electric vehicle. The car was unveiled on Monday.…

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Picogrid raises $45M to become the neutral integration layer for modern defence
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Picogrid raises $45M to become the neutral integration layer for modern defence

The Pentagon is buying defence hardware faster than it can make any of it talk to each other. Sensors, autonomous platforms, edge compute, electronic-warfare payloads, space and undersea systems, all arriving at once, each speaking its own dialect.…

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A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance
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A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance

Denmark’s AkademikerPension, which manages roughly $25 billion for academic professionals, has said it will not participate in SpaceX’s initial public offering or buy shares in any secondary-market transaction, according to Bloomberg.…

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Australia’s workplace tribunal says AI-assisted claims have helped drive a 70% workload increase in three years
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Australia’s workplace tribunal says AI-assisted claims have helped drive a 70% workload increase in three years

Australia’s Fair Work Commission has announced a review of its processes to cope with what it described as an estimated 70% workload increase over three years, driven in part by the proliferation of generative AI assistance tools.…

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Samsung and LG Uplus want to turn cell towers into radar for 6G
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Samsung and LG Uplus want to turn cell towers into radar for 6G

Samsung Electronics and LG Uplus signed a memorandum of understanding on 27 May to jointly develop Integrated Sensing and Communication, or ISAC, a technology that would allow mobile network base stations to double as environmental sensors.…

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CoStar is paying $800 million for Zonda to close the last gap in its real estate data empire
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CoStar is paying $800 million for Zonda to close the last gap in its real estate data empire

#thenextweb#costar#zonda#real#estate#article

CoStar Group has agreed to acquire Zonda, the leading provider of new-home construction data, homebuilder software, and residential real estate marketplaces, for $800 million in cash.…

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ChargePoint partners with Powers Parts to fix the charging and support gap hitting electric transit fleets
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ChargePoint partners with Powers Parts to fix the charging and support gap hitting electric transit fleets

ChargePoint and Powers Parts, a national distributor of electric vehicle components and fleet replacement parts, have announced a partnership to sell ChargePoint charging hardware, software, and fleet management services directly to transit agencies…

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Nvidia has spent $6.5 billion in three months to replace copper with light inside AI data centres
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Nvidia has spent $6.5 billion in three months to replace copper with light inside AI data centres

Nvidia has committed at least $6.5 billion to photonics companies since the beginning of March, making it the largest single investor in the technology that many in the industry believe will replace copper wiring as the backbone of AI data centres.…

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