Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Transwarp's Hong Kong IPO aims to raise up to HK$854.7 million
Transwarp Technology, a Shanghai-based AI infrastructure software company, is marketing 14 million shares in a Hong Kong IPO at HK$49-HK$61.
Pentagon weighs $5B loan for AI cloud startup Fluidstack
The Pentagon is considering a roughly $5 billion loan for AI cloud startup Fluidstack, according to the Wall Street Journal. If finalized, i
Adobe beats Q3 estimates as AI subscriptions surge ahead of CEO change
Adobe beat Wall Street's third-quarter revenue forecasts, driven by strong demand for its new AI features. AI-first annual recurring revenue
Oracle lifts profit outlook as AI cloud backlog hits $664B
Oracle raised its fiscal 2027 profit outlook as its AI cloud backlog climbed to $664 billion and it brought 850 MW of data center capacity o
AI announcements fail to lift chip stocks as tech dips late Thursday
Big Tech's AI news couldn't stop a late-day tech selloff. Chip stocks fell 2.5% even as OpenAI launched a finance-focused ChatGPT and Apple
Altera's potential $2B IPO signals AI chip market revival
Altera, a programmable chip maker backed by Silver Lake and Intel, is preparing a confidential IPO filing that could raise over $2 billion.
OpenAI launches ChatGPT for Financial Services with audit logs
OpenAI has unveiled a version of ChatGPT built specifically for financial firms. It combines GPT-6 Astra with data from LSEG, PitchBook, and
NEO Battery Materials unveils 21700 cell for drones, robotics
NEO Battery Materials has developed a high-energy 21700 cylindrical battery cell designed to drop into existing drones and robotics. The com
Meta's Muse AI faces trust hurdle for $20 monthly fee
Meta plans to charge $20 a month for Muse, its personal AI assistant. But Oppenheimer warns that low consumer trust in Meta with passwords c
Anthropic lets EU cybersecurity agency test Mythos 5 AI model
Anthropic has given the EU's cybersecurity agency ENISA access to its Mythos 5 AI model for testing after months of talks. However, the newe
Morgan Stanley: Apple's foldable iPhone and smarter Siri could drive growth through 2027
Morgan Stanley expects Apple's next growth phase to be powered by a foldable iPhone and a smarter Siri, with a modest price increase on the
Bending Spoons to buy Miro for $1.36B, shares jump 6.4%
Bending Spoons, a Nasdaq-listed software acquirer, is buying Miro for $1.36 billion in cash. Miro brings about $600 million in annual recurr