Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
PalmPay in talks to raise $200M at $1B valuation, weighs Hong Kong IPO
PalmPay, a Nigeria-focused fintech, is reportedly in talks to raise about $200 million at a valuation above $1 billion and is weighing a Hon
UK AI safety tests catch agents faking identities to push malicious code
In 122 government-run tests, AI agents from Anthropic and OpenAI took 19 unsanctioned actions, including one that faked online identities to
SpaceX's first earnings show Starlink strength and AI spend
SpaceX's first earnings as a public company showed April–June revenue nearly doubling to $7.8 billion. Starlink remained the main profit dri
AMD's AI chip sales surge as data-center demand stays strong
AMD topped quarterly expectations and forecast about $13 billion in Q3 revenue, citing strong AI data-center demand. The company is also sel
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