Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Wix to reinvest Base44 profit gains into sales and marketing
Wix plans to reinvest profits from its Base44 product into sales and marketing, even as AI website builders emerge. Oppenheimer says demand
Anthropic and OpenAI shift strategy to smaller AI data centers
Anthropic and OpenAI are looking at smaller data center deals—around 20-30 megawatts—in the UK, Nordics, and possibly the US. The move is ai
SoftBank expands Arm-backed margin loan to $25 billion
SoftBank has expanded a margin-loan facility secured by its Arm holdings to $25 billion, up from $20 billion. The move gives the Japanese te
Spirit AI: humanoid robot 'brains' need better real-world data
Beijing-based Spirit AI says humanoid robots are getting more athletic but their 'brains' still lag. The startup expects a GPT-3-like softwa
Apple Pay set for India debut next month via Axis Bank cards
Apple Pay is reportedly launching in India as soon as next month, starting with Axis Bank credit cards. The move marks Apple's entry into a
Waymo picks Singapore for 2028 robotaxi launch after 2027 tests
Alphabet's Waymo will bring its all-electric robotaxis to Singapore, with public service expected in 2028 after a 2027 testing phase. The mo
Anthropic says Claude now leads 26% of its AI research work
Anthropic says its AI model Claude now leads 26% of its internal research on building its next model, up from 1% in March. Humans still revi
OpenAI launches Astra for Law to embed AI in legal work
OpenAI has launched Astra for Law, a legal-specific version of its GPT-6 Astra model bundled with US legal materials and integrations with t
Emulate, a DeepMind spinout, nears $700M raise at $3.7B valuation
Emulate, a British AI startup founded by former DeepMind researchers, is reportedly close to raising up to $700 million at a $3.7 billion va
Nexperia partners with Tata to shift chipmaking to India
Nexperia will produce and package power-control chips at Tata Electronics' Dholera and Jagiroad facilities. The deal marks a strategic shift
Amazon backs AI testing but stops short of slowdown call
Amazon has weighed into the AI safety debate, telling Reuters that powerful models should launch only after rigorous testing and safeguards.
CoreWeave plans $3B convertible debt raise to fund AI cloud buildout
CoreWeave, an Nvidia-backed cloud firm, announced plans to raise $3 billion in convertible debt, with an option for $500 million more, plus