Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Nvidia in talks for up to $3B SB Energy stake tied to OpenAI data center
Nvidia is in talks to invest up to $3 billion in SB Energy, a SoftBank-backed infrastructure firm planning an Ohio data center for OpenAI. T
Nvidia trims OpenAI data center guarantee to under $120B
Nvidia is reducing its financial guarantee for OpenAI's massive Ohio data center project. The first-phase backstop could fall below $120 bil
Anthropic's IPO math leans on 2028 revenue projections
Anthropic is moving toward a blockbuster IPO, with bankers valuing the AI company on projected 2028 revenue of up to $200 billion. That's a
RBC Sees Software Earnings Beats Ahead, Lifts Snowflake and CrowdStrike Targets
RBC Capital Markets says improving reseller sentiment and early quarter results point to software earnings beats. It lifted price targets on
China's AI stock surge: priced for perfection, but can it last?
China's AI boom has sent tech valuations soaring, with the Star 50 index up 29% this year and trading at a P/E above 150. But with broader C
Dynatrace acquires Arize to expand AI observability tools
Dynatrace announced it will acquire Arize, a move analysts say could accelerate its push into AI observability. The stock dipped on Friday d
Sandisk's new pricing model wins RBC's backing for profit targets
RBC Capital Markets says Sandisk's shift to multi-year pricing deals with three US hyperscalers, backed by financial guarantees, makes its l
Nvidia enlists Wall Street to raise $500B for AI data centers
Nvidia is partnering with major investors like BlackRock and KKR to raise more than $500 billion for AI data centers. The chip giant may bac
Nokia to close China R&D hub, cut 1,600 jobs as local sales shrink
Nokia will close its Hangzhou radio-technology R&D hub by the end of 2026, eliminating about 1,600 jobs. The move reflects shrinking sales i
DeepSeek prices V4-Pro at up to 14 times V4 Flash, betting on premium AI
DeepSeek has priced its new V4-Pro-0813 model far above V4 Flash, citing better performance for AI agents. The move signals a shift toward p
Anthropic targets $2 trillion October IPO; UK economy gets World Cup boost
Anthropic is reportedly eyeing an October IPO at a staggering $2 trillion valuation, signaling the AI boom's next phase. Meanwhile, the UK e
SMIC Raises Prices on Tight AI-Driven Capacity as Revenue Tops $3B
SMIC, China's largest contract chipmaker, says AI demand is keeping its factories near full, allowing it to charge more for its tightest pro