Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Amazon Shifts AI Payment Model with Anthropic as Token Billing Looms
Amazon is moving to token-based billing for Anthropic AI models, potentially raising costs. The company denies a cost increase, and shares r
Chinese AI Rivals Could Challenge OpenAI and Anthropic's IPO Hopes
OpenAI and Anthropic are moving toward blockbuster IPOs, but Chinese AI firms like DeepSeek and Zhipu are releasing powerful, low-cost model
Morgan Stanley Adds Quantinuum to Quantum Computing Shortlist, Sees Revenue Inflection in 2027
Morgan Stanley has added Quantinuum to its quantum computing shortlist, highlighting the company's trapped-ion approach and partnerships. Th
Rocket Lab to Buy Iridium in $8 Billion Bet on Satellite Services
Rocket Lab is buying satellite communications provider Iridium in an $8 billion cash-and-stock deal. The merger pairs Rocket Lab's launch ca
Apple Challenges India Antitrust Findings, Citing Tiny Market Share
Apple has pushed back against India's antitrust findings, telling the Competition Commission of India its market share is under 6%. The comp
Hong Kong Tech Surges on IPO Buzz from Baidu's AI Chip Unit and Momenta
Asian stocks mostly finished higher Monday, led by a 3.2% surge in Hong Kong tech after reports that Baidu's AI chip unit Kunlunxin and auto
AI-Driven Layoffs Spread Across Banking, Tech, and Industry as Firms Reshape Workforces
AI restructurings are driving real layoffs across major employers, from HSBC's 20,000 cuts to Amazon's 16,000. Goldman Sachs estimates 5,000
Enterprises Push Back on AI Token Pricing, Shift to Open-Source Models
Enterprises are pushing back on AI token pricing as usage-based costs become unpredictable. Many are shifting routine tasks to open-source m
China's EV Battery Giants Pledge Faster Supplier Payments Amid Price War Squeeze
China's top EV battery makers, including CATL, CALB, and Sunwoda, pledge to settle most supplier bills within 60 days. The move follows regu
South Korea Unveils $576 Billion Plan for Chip and AI Hubs Beyond Seoul
South Korea is betting $576 billion on semiconductor and AI expansion outside Seoul, relying on Samsung and SK Hynix to build new fabricatio
BT and Verizon Form $4B Joint Venture to Serve Multinational Corporate Clients
BT and Verizon are pooling their international enterprise network units into a 50:50 joint venture. The deal targets multinational clients,
South Korea Bets $336 Billion on Chip and AI Hubs Outside Seoul
South Korea's government is pushing new semiconductor and AI infrastructure outside Seoul. The Gwangju-South Jeolla region aims to attract 5