Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Nvidia-backed Firmus raises $2B to build AI data centers across Asia-Pacific
Firmus, an Australian AI-infrastructure company, raised $2 billion at a valuation above $10.5 billion. The funding, backed by Nvidia and oth
Trade Desk's weak forecast sends stock down 22% as ad budgets shift
Trade Desk forecast Q3 revenue of $650 million, far below the $805.1 million analysts expected, sending shares down 22.5% after hours. Adver
Autodesk's sales model shift looks less disruptive than feared
Autodesk's switch to a new sales model appears less disruptive than feared, with partners reporting steady fiscal Q2 demand and a stronger s
Aeva's data center push could bring billions in revenue, Oppenheimer says
Aeva Technologies is carving out a new Optical Connectivity division for data centers after signing a development deal with a major cloud pr
Dynatrace beats Q1 estimates as AI customers drive higher platform usage
Dynatrace reported better-than-expected fiscal Q1 results, with annual recurring revenue up 17% on a constant-currency basis. RBC says custo
DeepSeek raises AI prices, hinting at shift in China's low-cost strategy
DeepSeek, known for undercutting US rivals, is raising prices on its AI services. The move could signal a strategic shift and ease pressure
Musk's SpaceX and Tesla unveil $16.8B Texas AI chip 'Terafab'
SpaceX and Tesla plan to spend $16.8 billion on a massive AI chip facility in Texas, aiming to secure supply for robotics and space systems.
AI sales growth reassures investors as S&P 500 gains 1.1%
Strong AI-related revenue from Microsoft and Amazon eased worries about Big Tech's heavy spending. The S&P 500 rose 1.1% as investors saw re
Unitree prices Shanghai IPO at 150.8 yuan, valuing humanoid robot maker at 61 billion yuan
Unitree, the Hangzhou-based humanoid robot maker, has priced its Shanghai STAR Market IPO at 150.8 yuan per share, valuing the company at ro
Ooredoo's $800M bet on Zankore targets 1GW of AI cloud capacity
Ooredoo is putting $800 million into Zankore, a new AI cloud platform built with Indosat, Nokia, and Nvidia. The venture aims for 1GW of Nvi
EPAM trims 2026 revenue outlook as tech clients pull back
EPAM Systems trimmed its 2026 revenue growth forecast to 3.2%-4.2% as demand split by client type. Financial services held up with 11.5% gro
ByteDance founder urges staff to skip AI shortcut as US-China tensions rise
ByteDance founder Zhang Yiming reportedly urged his AI team to avoid model distillation, a shortcut that can boost performance quickly but m