Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Elon Musk's Boring Company Seeks $4 Billion at $20 Billion Valuation
Elon Musk's tunnel-building venture is reportedly seeking $4 billion in new funding at a $20 billion valuation. That's a big leap from its $
South Korea's AI Pitch to Silicon Valley: $500B Data Center Plan by 2027
South Korean President Lee Jae Myung took his AI pitch to Silicon Valley, meeting with Nvidia, OpenAI, Anthropic, and Broadcom. Nvidia and S
Meta AI now handles calendar summaries and recurring tasks in select markets
Meta is upgrading its AI chatbot to handle tasks like summarizing your calendar and managing recurring to-dos. The update, powered by a new
Wall Street Rises Despite New US Tariffs, but Chip Stocks Struggle as Intel Falls
Wall Street mostly shrugged off fresh US tariffs targeting 60 trade partners, with the broader market edging higher. But chip stocks struggl
Meta's AI Ad Tools Poised to Drive Strong Q2 Revenue, Deutsche Bank Says
Deutsche Bank expects Meta to report Q2 revenue of about $60.5 billion on July 29, slightly above analyst estimates. AI-powered ad tools are
Anduril's $100 Billion Valuation Talks Put It in Defense's Top Tier
Anduril, a US defense tech startup, is discussing a new funding round that could value it at roughly $100 billion. That would put it in the
HCLTech Invests $1.48 Billion in First AI Data Center with Sarvam AI in Odisha
HCLTech is spending $1.48 billion on its first AI data center in Bhubaneswar, Odisha, partnering with startup Sarvam AI. The facility will o
KKR-Backed Hyperoptic Hits 2 Million Premises, Shifts Focus to Boosting Subscriber Sign-Ups
Hyperoptic, backed by KKR, has passed 2 million UK homes and businesses with its fiber network. The company reported 18% subscriber growth a
SAP CFO: Enterprise AI Needs Governed Data, Not Just Chatbots
SAP CFO Dominik Asam says enterprise AI's real value lies in governed data and reliable tools for core workflows like finance and supply cha
Intel Boosts Forecast, Hikes Spending to $20B on Surge in AI Data Center CPU Demand
Intel raised its Q3 revenue and profit outlook after a surge in AI data center demand for its CPUs. The company also lifted its capital spen
Intel's AI-Driven Data Center Revival Boosts Q3 Guidance, Capex Raised to $20B
Intel's Q3 guidance signals a rebound in data-center chip demand, fueled by AI infrastructure buildout. The company beat Q2 expectations wit
AMD's Helios AI Servers Enter Full Production, OpenAI Set for Massive Deployments
AMD's second-generation Helios AI servers are in full production and set to ship soon. OpenAI plans to deploy them at massive scale later th