Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Tesla quietly drops Solar Roof from its website, pivoting to standard panels
Tesla has quietly removed its Solar Roof from its website, redirecting customers to its standard solar panels. The move signals a strategic
Kakao to split into two companies to spotlight AI business
Kakao will split into two: a new operating company, KakaoAI, holding KakaoTalk and AI-related businesses, and an investment firm called Kaka
Anthropic reportedly adds Citigroup to IPO bank lineup
Anthropic is reportedly adding Citigroup to its IPO bank lineup, joining Morgan Stanley, Goldman Sachs, and JPMorgan. A filing could come as
Brazil splits $444M AI fund between US and China tech
Brazil is spending 2.3 billion reais ($444 million) on two AI supercomputers, splitting the work between Chinese firms and a US-favored tend
Anthropic eyes SpaceX-sized IPO as AI stocks wobble
Anthropic, backed by Amazon, could file for an IPO by the end of the month, aiming for a valuation rivaling SpaceX's $75 billion debut. The
Meta's Azure bill tops hundreds of millions as AI spending builds
Meta's AI spending on Microsoft's Azure is now in the hundreds of millions annually, a sign the AI infrastructure buildout continues despite
Nvidia's next chips could power a strong Q2 earnings report
Oppenheimer expects Nvidia's upcoming chip launches to drive strong growth into its Aug. 26 earnings. The firm sees data center revenue up 1
UK cinemas clamp down on Meta smart glasses over privacy and piracy fears
UK cinema operators are moving to restrict camera-enabled smart glasses, including Meta's Ray-Ban models, over privacy and film-piracy worri
RBC Sees Marvell Beating Q2 and Raising Q3 Guidance
RBC Capital Markets says Marvell Technology is set to beat fiscal Q2 expectations and raise its Q3 outlook, helped by optical networking str
RBC sees Nvidia's Rubin platform driving 50% price premium
RBC Capital Markets expects Nvidia's next AI chip platform, Rubin, to carry a more than 50% price premium. The bank models fiscal Q2 revenue
Morgan Stanley sees $60B market in securing AI agents
Morgan Stanley says a new wave of identity security for autonomous AI agents could open a $60 billion market. It flags Palo Alto Networks, O
Nebius upsizes $5B convertible as AI demand outpaces dilution fears
Nebius, the Amsterdam-based AI and data center provider, upsized its $5 billion convertible bond after heavy demand, even as shares swung on