Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Bolt and Lucid plan 25,000 robotaxis for Europe, but EU rules loom
Bolt and Lucid announced a partnership to deploy at least 25,000 autonomous electric vehicles on Bolt's ride-hailing platform in Europe. The
Bolt and Lucid plan 25,000 robotaxis for Europe, but EU rules loom
Bolt and Lucid plan to deploy 25,000 self-driving robotaxis in major European cities. The cars will use Lucid's Midsize platform and Nvidia'
Tesla and Forum Mobility expand California electric-truck charging
Tesla and Forum Mobility are opening three new electric-truck depots in California, adding 30 megawatts of heavy-vehicle charging capacity.
Apollo backs AI hardware startups with early checks and debt plans
Apollo Global Management has invested tens of millions in AI hardware startup Mercor, according to The Information. The buyout firm is posit
Apollo in talks to expand SoftBank's OpenAI-linked loan to $9B
Apollo is in talks to enlarge a loan to SoftBank, potentially lifting a Vision Fund 2-backed facility to $9 billion from $5.4 billion. The m
Applied Materials commits $5 billion to India as chip race heats up
Applied Materials will invest $5 billion in India over the next decade, focusing on R&D, supply chain, and hiring. The move aligns with Indi
China's Manus seeks $500M at $4B valuation after Meta deal blocked
China's AI startup Manus is reportedly in early talks to raise $500 million at a $4 billion valuation, after Beijing blocked Meta from buyin
Snap's $2,195 AR glasses get a workplace makeover with Salesforce, Nvidia, AWS
Snap is pushing its $2,195 Specs AR glasses into the workplace with new integrations for Salesforce, Nvidia, and AWS. The goal is hands-free
OpenAI to publish AI misalignment incident reports after agent test scrutiny
OpenAI is rolling out a framework for tracking and disclosing unexpected AI behavior, publishing six examples from the past six months. The
Blackstone-Google venture Crux AI seeks $22B loan for AI chips
Crux AI, the cloud venture from Blackstone and Google, is raising a $22 billion loan from 10 banks to buy Google's custom AI chips. The debt
Onsemi's new power platform gets early test drive with Subaru
Onsemi unveiled its embedded power platform, which packs multiple dies into one device to handle high-density power delivery. Subaru is alre
Apple's AI server push lifts chip stocks, but memory tie-up talk fades
Chip stocks climbed after a report that Apple is exploring an AI server built on its own M-series chips. Meanwhile, SK hynix played down tal