Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
South Korea Unveils $650 Billion AI and Chip Plan to Decentralize Economy Beyond Seoul
South Korea's president is set to unveil three mega-projects worth over $650 billion, focusing on AI, data centers, robotics, and a new semi
Momenta's Hong Kong IPO: A $756 Million Bet on Robotaxi Commercialization
Momenta is seeking up to HK$5.89 billion in a Hong Kong IPO to fund its shift from driver-assistance software to robotaxi operations. The co
Volkswagen May Scrap €1.5 Billion Bosch Self-Driving Deal After Tech Falls Short
Volkswagen may walk away from its 2022 self-driving partnership with Bosch after spending about €1.5 billion. The tech reportedly fell short
Baidu's AI Chip Arm Kunlunxin Targets $50 Billion Hong Kong IPO With Unusual Sales Tie-In
Kunlunxin, Baidu's AI chip unit, is planning a Hong Kong IPO with a $50 billion valuation target. The offering ties share allocations to chi
Firmus and Nvidia Partner to Deploy 170,000 GPUs in Indonesia for Startup AI Access
Firmus Technologies is partnering with Nvidia to deploy 170,000 GPUs in Batam, Indonesia from early 2027 to early 2028. The deal aims to off
Google Caps Meta's Gemini AI Access as Cloud Compute Shortage Bites
Google reportedly capped Meta's usage of its Gemini AI after Meta's demand exceeded Google Cloud's compute capacity, slowing some of Meta's
NHTSA Closes Tesla Steering Probe After Software Recall Fixes 376,000 Cars
The National Highway Traffic Safety Administration closed its investigation into Tesla steering issues after the company recalled roughly 37
Meta Eyes Prediction Market App Arena to Lure 100 Million Users with Points, Not Cash
Meta is developing Arena, a prediction market app using points instead of cash, targeting 100 million monthly users aged 18-34. The move cou
Trump's 100% Tariff Threat on Digital Taxes Sends Tech Stocks Lower
US tech stocks slipped after President Trump warned of 100% tariffs on nations taxing American tech firms. Chip stocks took the biggest hit,
OpenAI IPO Faces Delay as Advisors Push for Lower Valuation or 2027 Timeline
OpenAI's advisors are urging the company to either lower its $1 trillion valuation target or delay its IPO until 2027. The news sent SoftBan
ClearScore Hires JPMorgan for Potential £2 Billion IPO
ClearScore has hired JPMorgan to advise on a potential IPO, with a reported £2 billion valuation. The move signals preparation for a public
Apple's Mac and iPad Price Hikes Unlikely to Fix Margins Without iPhone Bump, UBS Says
Apple raised prices on some Macs and iPads, but UBS says that won't fix profit margins. Higher memory costs are squeezing margins across the