Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Tesla Shanghai Deliveries Rise 24% in June, but BYD's Q2 EV Sales Top 557,000
Tesla's Shanghai export hub posted another month of delivery growth in June, but BYD's massive Q2 EV sales highlight the intensifying battle
Apple Plans Five New iPhones, Including Foldable, Despite Memory Shortage Risks
Apple is reportedly expanding its iPhone lineup to five models, including a foldable, and has asked suppliers to reserve parts for 80 millio
Microsoft Joins Singtel, Tata to Build India-Singapore Subsea Cable for AI Boom
Microsoft has joined Singtel and Tata Communications to build the I-2SEA subsea cable connecting India's east coast to Singapore and Malaysi
OpenAI Proposes 5% Government Stake in Leading US AI Developers
OpenAI CEO Sam Altman has proposed that the US government take a 5% equity stake in leading American AI developers. The plan, reported by th
UBTech Unveils Emotion-Reading Humanoid Robots in China, Prices Up to $136,000
UBTech's new U1 humanoid robots can read over 20 emotions with 90% accuracy, priced from 119,800 to 990,000 yuan. The launch signals a push
Nvidia's DSX Plan: Token Credits Now, Revenue Share Later for AI Developers
Nvidia is testing a new way to sell computing power to AI developers. Under the DSX AI factories plan, startups can use token credits to acc
SK Hynix Unveils $64 Billion NAND and Packaging Expansion in Cheongju
SK Hynix has detailed a massive 100 trillion won expansion in Cheongju, including an 80 trillion won NAND factory and a 20 trillion won adva
Spain's AI Gigafactory Gets Telefonica, ACS, Santander Backing in Public-Private Push
Spain is launching a public-private partnership to build an AI gigafactory, with Telefonica, ACS, and Santander each taking a 15.67% stake.
BDx Data Centers Explores IPO to Fund AI-Driven Asia Expansion
BDx Data Centers is exploring fundraising options, including a possible IPO, to expand its data center operations in Asia. The move comes as
Meta Turns AI Costs into Revenue as Anthropic's Fable 5 Gets Green Light
Meta may have found a way to turn its massive AI spending into a revenue stream. Meanwhile, Anthropic's Fable 5 AI model is set for release
SoftBank Revives $10B Loan Talks Using OpenAI Stake as Collateral
SoftBank is again negotiating a $10 billion loan secured by its OpenAI stake. Banks are pushing for a repayment guarantee, highlighting the
Musk Denies WSJ Report That SpaceX Pitched AI Device to Investors
Elon Musk has denied a Wall Street Journal report that SpaceX pitched a handset-like AI device to investors ahead of its IPO. The report sai