Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Nvidia Revenue-Sharing Plan and Microsoft's $2.5B AI Push Fail to Halt Tech Selloff
US tech and chip stocks fell sharply on Thursday, with the Philadelphia Semiconductor Index dropping 6.2%. Nvidia floated a new revenue-shar
Anthropic Explores Custom AI Chip, Hires OpenAI Veteran, Talks with Samsung
Anthropic, the startup behind the Claude chatbot, is exploring a custom AI chip. It has held early talks with Samsung and hired an ex-OpenAI
EU Top Court Upholds €4.13 Billion Antitrust Fine Against Google, Alphabet Shares Dip
Europe's top court upheld a €4.13 billion antitrust fine against Google, rejecting the company's appeal. Alphabet shares slipped in premarke
Tesla Q2 Deliveries Beat Forecasts as Focus Shifts to Robotaxi and AI
Tesla delivered 480,126 vehicles in the second quarter, topping analyst estimates. Yet the stock barely budged, as the market's attention sh
Microsoft Launches $2.5 Billion AI Integration Unit for Enterprise Clients
Microsoft is launching a $2.5 billion unit called Microsoft Frontier Company to help large clients like Unilever integrate and swap AI model
AI Plugins Reshape Enterprise Tech Budgets, Leaving Core Subscriptions Intact
New analyst data shows enterprise software subscriptions remain resilient, but AI funding is squeezing budgets for new seats, licenses, and
Tesla Shanghai Deliveries Rise 24% in June, but BYD's Q2 EV Sales Top 557,000
Tesla's Shanghai export hub posted another month of delivery growth in June, but BYD's massive Q2 EV sales highlight the intensifying battle
Apple Plans Five New iPhones, Including Foldable, Despite Memory Shortage Risks
Apple is reportedly expanding its iPhone lineup to five models, including a foldable, and has asked suppliers to reserve parts for 80 millio
Microsoft Joins Singtel, Tata to Build India-Singapore Subsea Cable for AI Boom
Microsoft has joined Singtel and Tata Communications to build the I-2SEA subsea cable connecting India's east coast to Singapore and Malaysi
OpenAI Proposes 5% Government Stake in Leading US AI Developers
OpenAI CEO Sam Altman has proposed that the US government take a 5% equity stake in leading American AI developers. The plan, reported by th
UBTech Unveils Emotion-Reading Humanoid Robots in China, Prices Up to $136,000
UBTech's new U1 humanoid robots can read over 20 emotions with 90% accuracy, priced from 119,800 to 990,000 yuan. The launch signals a push
Nvidia's DSX Plan: Token Credits Now, Revenue Share Later for AI Developers
Nvidia is testing a new way to sell computing power to AI developers. Under the DSX AI factories plan, startups can use token credits to acc