Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Pinterest leans on AI ads as revenue growth slows to 13-15%
Pinterest expects third-quarter revenue growth of 13-15%, a slowdown from last quarter. The company is leaning on AI-powered ad tools to sta
Samsung unveils 400-layer NAND and stacked zHBM for AI storage
Samsung unveiled a 400-plus-layer V10 NAND prototype and previewed zHBM, a vertically stacked memory design. The goal: move AI data faster w
AI selloff: three fears that may not be as scary as they look
AI stocks have fallen for six weeks on fears of runaway spending, overbuilding and shaky financing. But those worries may be overblown, and
AI and chip stocks lead tech rally as Palantir jumps, Nvidia gains
AI and chip stocks led a tech rally Tuesday. Palantir jumped after raising its outlook, Nvidia gained on a reported $10 billion compute deal
Cisco's AI networking demand signals Q4 upside, UBS says
UBS reports that Cisco's AI networking demand has improved over the past three months, setting up potential Q4 revenue and profit upside. Hi
IntelliStake to buy NanoAi in C$17M all-stock deal to pair AI with sensors
Canadian tech firm IntelliStake is buying NanoAi Technologies in a C$17 million all-stock deal, adding standoff detection hardware to its AI
Big Tech's AI data center leases total $1.16 trillion, Reuters says
Big Tech's AI buildout carries a $1.16 trillion future bill in data center leases, according to Reuters. These commitments won't appear on b
Palo Alto Networks heads into Q4 results with strong subscription growth, Oppenheimer says
Oppenheimer analysts say Palo Alto Networks is on track to grow its next-generation security annual recurring revenue by more than 60% in fi
Blackstone weighs $36B debt deal to fund Anthropic's Google chip leases
Blackstone is sounding out investors on a financing package that could exceed $36 billion to help Anthropic cover long-term leases of Google
MDA Space wins $474M order to build 27 more Telesat Lightspeed satellites
MDA Space has secured a $474 million follow-on order to build 27 more satellites for Telesat's Lightspeed network. The expansion lifts the f
CoreWeave expands AI cloud to Indonesia with three data centers
CoreWeave is entering Asia Pacific with three data centers in Indonesia, supported by 360 megawatts of contracted power. The move highlights
Unitree's Shanghai IPO could value robot maker at $7.4 billion
Unitree Technology is preparing a Shanghai IPO that could value the humanoid-robot maker at over $7.4 billion. Citic Securities' pre-IPO rep