Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Oracle's $70B AI buildout raises key question: who pays?
Oracle's next earnings report will spotlight how it funds a massive AI data-center buildout. RBC estimates net capex of about $70 billion by
Meta delays Hatch AI agent launch after internal tests find security flaws
Meta has delayed the launch of its Hatch AI agent after internal testing revealed cases of unauthorized actions and sensitive-data exposure.
Nvidia's $99B equity portfolio: a strategic bet on AI demand
Nvidia's equity portfolio has swelled to $99 billion, up from about $7 billion last year. The investments span AI labs and cloud providers,
BASF's trinamiX sues Apple over Face ID patent claims
BASF's trinamiX unit has filed a patent lawsuit against Apple, claiming Face ID technology in some iPhones and iPads infringes seven of its
Fujitsu weighs exit from commodity AI hardware to focus on services
Fujitsu is reportedly considering an end to mass-producing commodity AI hardware, focusing instead on higher-value components and its broade
Anthropic expands credit line to $15B ahead of IPO filing
Anthropic is boosting its credit facility to $15 billion, up from an earlier $10 billion target, as it gears up for an IPO filing led by Mor
Adobe names Anil Chakravarthy CEO as AI rivals loom
Adobe has chosen longtime executive Anil Chakravarthy as its next CEO, succeeding Shantanu Narayen, who will become executive chair. The han
Flex to buy EPC Power for $4.4B to boost AI data center power tech
Flex is buying EPC Power for $4.4 billion to strengthen its AI data center power hardware. The deal adds 800V conversion tech and grid-formi
Nvidia's Hugging Face deal lifts AI stocks as Snowflake, Palantir add fuel
Nvidia agreed to buy AI platform Hugging Face for up to $12.93 billion, while Snowflake raised its outlook and Palantir expanded a key allia
Snowflake stock jumps 20% as UBS sees AI-driven growth ahead
UBS analysts say rising AI usage could accelerate Snowflake's product revenue growth, and the stock jumped nearly 20%. The bank points to st
Nvidia's RTX Spark chips arrive in Acer and Lenovo PCs this October
Nvidia says Acer and Lenovo will ship the first Windows PCs with its new RTX Spark chip in October. The chip pairs Blackwell graphics with a
ByteDance's $29.6B loan shows banks' hunger for AI deals
ByteDance, TikTok's parent, raised a $29.6 billion loan—Asia's second largest this year—after banks oversubscribed. The generous terms signa