Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
SpaceXAI and Cursor to Release Joint AI Model After Efficiency Delay
SpaceXAI and Cursor are preparing to release their first jointly built AI model as soon as Wednesday, after delaying the launch to improve e
Microsoft Shifts from OpenAI to In-House AI Models for Excel, Outlook to Cut Costs
Microsoft is quietly swapping OpenAI's technology for its own AI models in Excel and Outlook. The move aims to cut costs as the tech giant r
Perplexity Backs Nvidia's Vera CPU, Pushing Into Intel-AMD Server Stronghold
AI search startup Perplexity plans to use Nvidia's new Vera CPU, which it says ran AI agent coding tasks about 1.5 times faster than traditi
Meta Rolls Out Muse AI Image Generator to Instagram and WhatsApp
Meta is rolling out Muse Image, a new AI image-generation model, to Instagram and WhatsApp through its Meta AI chatbot. The tool allows phot
Chip Stocks Slide as Samsung's Record Profit Fuels AI Cycle Fears
Tech stocks slipped as investors interpreted Samsung's record profit forecast as a sign the AI chip cycle may be topping. The Philadelphia S
Chip Stocks Slide on Synopsys Pivot; Meta Rises Despite $1.4 Trillion Legal Threat
Big Tech had a split-screen Tuesday: chip stocks slid after Synopsys reworked its product focus, while Meta's shares ticked up even as it fa
Amazon Returns to Bond Market for $25 Billion to Fund AI Infrastructure
Amazon is raising at least $25 billion through a new bond sale, its second major debt offering this year. The funds will likely go toward AI
Samsung Profit Soars 19-Fold, Yet Stock Drops 7% on AI Hype Fatigue
Samsung's second-quarter profit skyrocketed 19 times higher than last year, driven by AI chip demand. Despite beating expectations, investor
SpaceX Launch Dominance Is the Engine, but Starlink Hype May Be Overdone, Says MoffettNathanson
MoffettNathanson argues SpaceX's near-dominant launch business is the flywheel enabling future growth, but warns Starlink and other ventures
Chip Stocks Plunge as DeepSeek Develops Its Own AI Chip, Nasdaq Drops 1%
Chip stocks sank after Reuters reported China's AI startup DeepSeek is working on its own AI chip. The Nasdaq fell more than 1% and the Phil
SpaceX Joins Nasdaq-100, Triggering $4.3 Billion in Index Fund Buying
SpaceX joined the Nasdaq-100 on Tuesday, less than a month after its June 12 IPO. J.P. Morgan estimates index trackers must buy about $4.3 b
Momenta Prices Hong Kong IPO at Top, Raises HK$5.89 Billion for AI R&D
Momenta Global priced its Hong Kong IPO at the top of its range, raising HK$5.89 billion. The company plans to invest about 60% of the proce