Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
TYLSemi Raises $43M to Build Open-Standard AI Chiplets, Challenging Proprietary Lock-In
TYLSemi, a startup led by former AlphaWave executives, raised $43 million to build open-standard chiplets for AI chips. The funding aims to
Pure Data Centres Plans €1.5 Billion Finland Campus, Microsoft Eyed as Tenant
Pure Data Centres, backed by Oaktree Capital, plans a €1.5 billion first phase of a data center campus in Finland. The 110 MW phase is fully
Data Center Operator Switch Eyes $10 Billion IPO, Taps Goldman and JPMorgan
Switch is preparing a potential $10 billion IPO as soon as the fourth quarter, targeting an $80 billion valuation. The listing would be one
Tesla's Q2 Delivery Strength Meets a Bigger AI Test on July 22
Tesla's strong Q2 deliveries set up a decent quarter, but Morgan Stanley warns that July 22 earnings will focus on robotaxi and Optimus mile
DeepSeek Targets $71 Billion Valuation, Eyes IPO as AI Chip Plans Emerge
DeepSeek is already sounding out investors for another fundraising round at a roughly $71 billion valuation, just weeks after raising $7 bil
Portugal to Data Centers: Prove Local Benefits Before Getting Power
Portugal is taking a cautious approach to the data center boom. Lisbon says it will back new projects only if they deliver clear productivit
IBM's AI Spending Shift Sends Shares Down 20%, Software ETF Tumbles 4%
IBM's downbeat revenue forecast, driven by a late-June shift in client spending toward AI infrastructure, sent its shares down 20% premarket
AI Startup Reflection Signs $1B+ Deal for Nvidia Chips, Betting on Open-Source Models
Reflection AI has locked in over $1 billion worth of computing power from Nebius, including Nvidia's latest chips. The deal underscores the
SK Telecom and KT to Lead South Korea's $12.5M 5G-AI Industrial Pilot
South Korea's NIA has selected SK Telecom and KT for a 17.2 billion won pilot testing 5G standalone and AI-RAN in industrial settings. The p
Ericsson Beats Q2 Profit Forecasts as AI Drives Up Component Costs
Ericsson reported a better-than-expected profit for the second quarter, helped by cloud services. However, the company warned that AI-driven
RBC Hikes ASML Price Target to $2,000 on EUV Machine Pricing Power
RBC Capital Markets lifted its ASML price target to $2,000, pointing to a multiyear shortage of EUV machines. The bank sees room for price i
Superb AI Taps Mirae Asset for South Korea Tech Listing
Superb AI, a computer vision AI startup, has selected Mirae Asset Securities to lead its IPO plans in South Korea. The company has raised 63