Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
China begins domestic production of immersion DUV lithography tools, challenging ASML's dominance
China has begun domestic production of immersion DUV lithography machines, with early deliveries to SMIC and other chipmakers expected this
OpenAI plans to triple Dublin staff to 350 in European AI hub expansion
OpenAI, the maker of ChatGPT, plans to more than triple its Dublin workforce to 350 employees and lease 88,000 square feet in the city's Sil
Samsung may use cheaper Chinese DRAM chips in China phones to cut costs
Samsung Electronics may use cheaper Chinese mobile DRAM chips in some smartphones sold in China, according to Asia Time. The move could lowe
Berenberg Cuts SAP Price Target Despite Strong Cloud Backlog in Q2
Berenberg trimmed its price target for SAP to €205 from €215, even as the software giant's Q2 cloud backlog came in stronger than expected.
Hitachi aims for fully AI-run software development by 2028
Hitachi is betting on agentic AI to automate every step of building enterprise software. The company aims to reach 100% AI-driven developmen
European space startup The Exploration Company targets $2 billion valuation in new funding round
The Exploration Company, a European space startup, is reportedly in discussions to raise at least $300 million in a funding round that could
Big Tech earnings week: AI spending under the microscope
Four of the five Big Tech companies report earnings this week, representing about 17% of the S&P 500. The key question: is their huge spendi
DeepSeek pauses $74 billion fundraise, eyes Shanghai IPO
DeepSeek has paused talks for a 500 billion yuan ($74 billion) fundraise, according to Bloomberg. The Chinese AI startup is now weighing an
Elon Musk's Boring Company Seeks $4 Billion at $20 Billion Valuation
Elon Musk's tunnel-building venture is reportedly seeking $4 billion in new funding at a $20 billion valuation. That's a big leap from its $
South Korea's AI Pitch to Silicon Valley: $500B Data Center Plan by 2027
South Korean President Lee Jae Myung took his AI pitch to Silicon Valley, meeting with Nvidia, OpenAI, Anthropic, and Broadcom. Nvidia and S
Meta AI now handles calendar summaries and recurring tasks in select markets
Meta is upgrading its AI chatbot to handle tasks like summarizing your calendar and managing recurring to-dos. The update, powered by a new
Wall Street Rises Despite New US Tariffs, but Chip Stocks Struggle as Intel Falls
Wall Street mostly shrugged off fresh US tariffs targeting 60 trade partners, with the broader market edging higher. But chip stocks struggl