Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Nvidia's $3B Lancium stake targets AI's power bottleneck
Nvidia is reportedly planning to invest up to $3 billion in Lancium, a Texas company that secures land and electricity for AI data centers.
OpenAI locks down Astra development over hacking concerns
OpenAI has paused some work on its next model, Astra, after internal tests suggested it might be able to autonomously find and exploit serio
Datadog's Q2 growth accelerates to 35.6% as OpenAI renews
Datadog's Q2 revenue grew 35.6% year-over-year, according to RBC, with OpenAI renewing its contract in Q3. Management's conservative outlook
Doximity lifts 2027 revenue forecast, touts AI safety win
Doximity shares jumped after the digital health platform raised its fiscal 2027 revenue forecast and said its Doximity Ask AI model beat the
Pay by bank hits 120 million users as open banking goes mainstream
Swedish fintech Trustly says it now has 120 million users worldwide, including 15 million in the UK. The surge shows open banking payments a
Cloudflare lifts forecasts as AI traffic boosts network demand
Cloudflare raised its full-year revenue and profit forecasts after the close Thursday, citing strong AI-driven network demand. The company n
SK Hynix approves $38B memory chip expansion through 2031
SK Hynix's board approved 54.3 trillion won ($38.3 billion) for new memory chip plants in Yongin and Cheongju, with first cleanrooms slated
ByteDance reportedly trains 10-trillion-parameter AI model
ByteDance is reportedly pre-training an AI model with up to 10 trillion parameters, a scale that could rival Anthropic's Mythos. The move si
Nvidia-backed Firmus raises $2B to build AI data centers across Asia-Pacific
Firmus, an Australian AI-infrastructure company, raised $2 billion at a valuation above $10.5 billion. The funding, backed by Nvidia and oth
Trade Desk's weak forecast sends stock down 22% as ad budgets shift
Trade Desk forecast Q3 revenue of $650 million, far below the $805.1 million analysts expected, sending shares down 22.5% after hours. Adver
Autodesk's sales model shift looks less disruptive than feared
Autodesk's switch to a new sales model appears less disruptive than feared, with partners reporting steady fiscal Q2 demand and a stronger s
Aeva's data center push could bring billions in revenue, Oppenheimer says
Aeva Technologies is carving out a new Optical Connectivity division for data centers after signing a development deal with a major cloud pr