Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Kuaishou's Kling AI Unit Attracts Up to $2.8B from Tencent, Alibaba Backers
Kuaishou's AI unit, Beijing Kling, is set to receive up to 20.5 billion yuan from Tencent-linked backers and Alibaba's AliCloud. The deal co
Samsung, SK Hynix, Celltrion Pledge $254B to Build South Korea Tech Hub
Samsung Electronics, SK Hynix, and Celltrion have pledged 392 trillion won ($254 billion) to develop South Korea's Chungcheong region into a
Archer Materials Raises AU$7 Million to Fund Quantum Computing Deal with IonQ
Archer Materials is raising AU$7 million at AU$0.27 per share to fund its quantum computing deal with IonQ. The ASX-listed firm also invites
Kioxia Rides AI Shift to Inference as Demand for High-Capacity NAND Surges
Kioxia is back in the spotlight as AI shifts from training to inference, driving demand for high-capacity NAND flash storage. The company is
Crusoe in Talks to Raise $3 Billion for AI Data Centers, Valuation Could Hit $30 Billion
Crusoe, a startup building AI data centers, is reportedly in talks to raise $3 billion, potentially valuing it at $30 billion. The company a
Amazon's Project Kuiper Hits 394 Satellites, Targets Initial Service by Year-End
Amazon's satellite internet network, Project Kuiper, now has 394 satellites in orbit after a recent Atlas V launch. The company says it has
Nvidia Revenue-Sharing Plan and Microsoft's $2.5B AI Push Fail to Halt Tech Selloff
US tech and chip stocks fell sharply on Thursday, with the Philadelphia Semiconductor Index dropping 6.2%. Nvidia floated a new revenue-shar
Anthropic Explores Custom AI Chip, Hires OpenAI Veteran, Talks with Samsung
Anthropic, the startup behind the Claude chatbot, is exploring a custom AI chip. It has held early talks with Samsung and hired an ex-OpenAI
EU Top Court Upholds €4.13 Billion Antitrust Fine Against Google, Alphabet Shares Dip
Europe's top court upheld a €4.13 billion antitrust fine against Google, rejecting the company's appeal. Alphabet shares slipped in premarke
Tesla Q2 Deliveries Beat Forecasts as Focus Shifts to Robotaxi and AI
Tesla delivered 480,126 vehicles in the second quarter, topping analyst estimates. Yet the stock barely budged, as the market's attention sh
Microsoft Launches $2.5 Billion AI Integration Unit for Enterprise Clients
Microsoft is launching a $2.5 billion unit called Microsoft Frontier Company to help large clients like Unilever integrate and swap AI model
AI Plugins Reshape Enterprise Tech Budgets, Leaving Core Subscriptions Intact
New analyst data shows enterprise software subscriptions remain resilient, but AI funding is squeezing budgets for new seats, licenses, and