Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Anthropic's $1.4T IPO price falls short of $2T investor hopes
Anthropic has set its IPO price range, valuing the AI lab at up to $1.4 trillion—huge, but below the $2 trillion some investors hoped for. T
Intel sees data center demand powering growth into 2027
Intel expects data center demand to fuel growth into 2027, even as PC sales stay weak. But management warns chip shortages could last into t
Wix cuts 2026 cash flow target to fund AI app builder push
Wix lowered its 2026 free-cash-flow margin target to about 16% to fund a bigger sales push behind Base44, its AI no-code app builder. The mo
Anthropic IPO could turn Amazon and Google stakes into $411B windfall
Reuters calculates Amazon and Google's combined stakes in AI startup Anthropic could be worth $411 billion if its IPO prices at $78 a share.
Adobe bets on AI agents to make its creative tools stickier
Adobe is rolling out AI agents across Photoshop, PDFs and marketing tools, and expanding partnerships with Google, Microsoft and Disney. The
TSMC bets $1 billion on AI model makers Anthropic and OpenAI
TSMC approved up to $1 billion to buy stakes in AI developers Anthropic and OpenAI. The move signals confidence in AI demand and gives the c
Amazon's Ring launches AI-powered security robots for homes and businesses
Amazon's Ring is moving beyond doorbells with two AI-guided security robots: a $249.99 flying camera for homes and a $999.99 roaming camera
Alibaba's chip unit T-Head files confidentially for Hong Kong IPO
Alibaba's chip unit T-Head has confidentially filed for a Hong Kong IPO, moving a long-planned spin-off closer. The move gives investors a c
Wells Fargo softens bearish stance on AI chip stocks after 38% selloff
Wells Fargo has turned less negative on AI chip and data-center stocks after a 38% drop from June highs, saying valuations look more reasona
Nvidia probes claims $7.5B in chips reached China; FBI looks at CEO
Nvidia is investigating claims that $7.5 billion in AI chips may have been routed to Chinese firms despite US export controls. The board has
Anthropic's IPO targets up to $90.4B raise, $1.02T valuation
Anthropic, maker of the Claude chatbot, is seeking a valuation of up to $1.02 trillion in its IPO, with plans to raise as much as $90.4 bill
Tesla to retire Cybertruck next year to make room for Cybercab
Tesla will wind down Cybertruck production around June or July next year to free up capacity for its Cybercab robotaxi. Sales have fallen we