Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Zhipu AI Raises $4 Billion in Hong Kong Share Sale at 13% Discount
Zhipu AI raised about HK$31.41 billion in a rapid Hong Kong share sale, but priced new shares 13% below the prior close. The discount reflec
Google, Meta, Amazon Courted by Alberta for AI Data Centers at Calgary Stampede
Google, Meta, and Amazon are being courted by Alberta at the Calgary Stampede, as the province offers cheap power and faster grid connection
Meta Invests C$13 Billion in Alberta AI Data Center, First in Canada
Meta is spending C$13 billion to build a 1-gigawatt AI data center in Alberta, its first in Canada. The facility will consume as much electr
Drone Delivery Startup Manna Picks Tulsa for First Full US Rollout
Manna, an Irish-founded drone delivery startup, has chosen Tulsa, Oklahoma as the test site for its first full-scale US rollout. The company
Apple and Broadcom in $30B+ Chip Deal; OpenAI Preps GPT-5.6, China Flags Anthropic Risk
Apple and Broadcom have struck a chip deal likely worth more than $30 billion through 2031. Meanwhile, OpenAI is gearing up to launch GPT-5.
Bank of America Extends $520 Million Credit Line to OpenAI Ahead of IPO
Bank of America has opened a $520 million credit line for OpenAI, making it one of the AI company's largest lenders. The move comes as OpenA
UBS: Starship Could Turn SpaceX Into an AI Infrastructure Giant Worth $660B by 2031
UBS kicked off coverage of SpaceX, saying Starship is more than a rocket—it's the key to launch dominance, cheaper Starlink upgrades, and ev
HPQ Silicon's Fumed Silica Reactor Moves Past Pilot Phase Toward Commercial Deployment
HPQ Silicon's fumed silica reactor has cleared pilot validation and entered project-specific engineering for commercial rollout. Partner Pyr
Morgan Stanley Warns Logitech Revenue Could Miss Estimates as PC Demand Weakens
Morgan Stanley warns Logitech's fiscal 2027-2028 revenue could be more than 5% below consensus as weaker PC shipments hurt accessories and g
Allianz Partners to Cut Up to 1,800 Jobs in Europe as AI Reshapes Travel Insurance
Allianz Partners, the travel insurance and assistance arm of Allianz, plans to cut 1,500-1,800 jobs across Europe as it integrates more AI.
Tech Stocks Dip as Palantir, Meta, and Salesforce News Fails to Lift Sector
Tech stocks fell in premarket trading Wednesday, overshadowing positive news from Palantir, Meta, and Salesforce. Sector-wide weakness sugge
Nexchip Semiconductor Prices Hong Kong IPO at Top of Range, Raising $6.98 Billion
Nexchip Semiconductor has priced its Hong Kong IPO at the top of its range, aiming to raise about HK$6.98 billion. The partially state-owned