Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
South Korea's Chip Titans Pledge $2.07 Trillion to Double AI Memory Output
Samsung Electronics and SK Hynix have pledged 3,200 trillion won ($2.07 trillion) to boost AI memory production, supporting South Korea's go
Meituan Enters China's AI Race with Open-Source LongCat-2.0 Model Trained on Domestic Chips
Meituan has released LongCat-2.0, a trillion-parameter large language model that it plans to open-source. The model was trained entirely on
Vocus Plans $500M Ducted Fiber Link to Ease AI Data Traffic Between Sydney and Melbourne
Vocus, backed by Macquarie, plans to invest about A$500 million in a new ducted fiber link between Sydney and Melbourne. The project aims to
Infineon Gets Revenue Boost Forecast as AI Data Centers Drive Power Chip Demand
AlphaValue/Baader Europe lifted Infineon's 2028 revenue forecast to €22.3 billion, citing AI data center power demand and software-defined v
Anthropic Relaunches Mythos 5 for Select Firms; Comcast to Spin Off NBCUniversal
Anthropic's Mythos 5 AI model is back online for a select group of companies and agencies after a government-ordered shutdown. Meanwhile, Co
Nexchip Targets $890 Million Hong Kong IPO, Plans Heavy R&D Investment
Nexchip Semiconductor is pursuing a Hong Kong IPO to raise up to HK$6.98 billion ($890 million). The company plans to invest over half the f
TPG-Backed Digital Lender Fibe Files for India IPO, Seeks Up to 7.5 Billion Rupees
Fibe, a digital lender backed by TPG, has filed for an IPO in India. The company plans to raise up to 7.5 billion rupees in new shares, foll
Anthropic's Claude Goes Azure-Native, Adds Cost Tracking for Enterprise AI Adoption
Anthropic's Claude models are now generally available in Microsoft Foundry on Azure, with a new self-hosted apps gateway for Amazon Bedrock
Rocket Lab's $8B Iridium Deal and AI Agent Regulation Push Move Markets
Rocket Lab's $8 billion acquisition of Iridium lifted both stocks, while a Senate draft bill from Sen. Mark Warner targets how AI agents han
ON Semiconductor's Synaptics Deal: Building a Full Edge AI Platform
ON Semiconductor is buying Synaptics to create a comprehensive edge AI platform, blending ON's power and sensing with Synaptics' AI chips an
Anthropic Wins Partial Approval to Relaunch Mythos 5 AI Model for Cyber Defenders
Anthropic has received partial US government approval to relaunch its Mythos 5 AI model, but only for a small group of pre-vetted cyber defe
Tech and Chip Stocks Drive Nasdaq Higher as Oil Rises, Gold Slips
US stocks climbed Monday, powered by tech and semiconductor shares that pushed the Nasdaq-tracking Invesco QQQ Trust up 2.1%. Gold slid 1.5%