Tech & AI · Page 2
Chips, software and the spending on artificial intelligence.
· Tech & AI
Trump orders new AI data centers to generate their own power
President Trump said new large data centers are required to make their own electricity, which could raise building costs. Separately, BlackRock's Larry Fink warned that slower construction could push up inflation.
· Tech & AI
Anthropic draft IPO filing shows a heavy loss driven by accounting charges
Anthropic's draft IPO filing shows a heavy first-half loss, mostly from accounting charges on convertible notes. The AI company's computing costs also rose ahead of a potential listing.
· Tech & AI
Salesforce agrees to buy Braze to expand its AI marketing tools
Salesforce agreed Tuesday to buy marketing software maker Braze for cash, adding AI tools that personalize messages to customers. Salesforce shares were little changed after the news.
· Tech & AI
Super Micro raises its quarterly revenue outlook on AI server demand
Super Micro Computer raised its first-quarter revenue and gross margin forecasts on stronger demand for AI platforms, and its shares surged 15.6% in after-hours trading.
· Tech & AI
CoreWeave debt stress could spread to wider AI borrowing, expert warns
A credit expert says other AI-linked debt may follow CoreWeave into distress, which could raise borrowing costs for companies that fund data centers with loans.
· Tech & AI
Microsoft walks away from U.K. data center deal over power delays
Microsoft has pulled out of a planned Nscale data center in Essex after reports that the site may lack grid power for years. The move is a sign that electricity could limit AI expansion.
· Tech & AI
OpenAI speeds up fundraising ahead of Anthropic's expected market debut
OpenAI is rushing to secure investor commitments before rival Anthropic's expected stock market debut, according to reports. The contest could shape how investors value AI developers.
· Tech & AI
Alphabet rises 1.1% as tech shares lead a quiet Monday
Alphabet shares rose 1.1% as tech stocks led the Nasdaq-100 higher. TeraWulf's chief executive said Google backs its data centers, a sign AI spending may reach smaller suppliers.
· Tech & AI
ChangXin Memory reports progress on a denser memory chip design
Chinese memory maker ChangXin reported progress on a denser DRAM chip design. Micron and SK Hynix shares fell on worries about future price competition and supply.
· Tech & AI
Disney hires Character.AI staff as the startup's parent seeks bankruptcy protection
Disney plans to pay for talent from Character.AI, whose parent company has sought bankruptcy protection. The step follows the entertainment group's own job cuts.
· Tech & AI
Nasdaq-100 slides as AI debt worries hit chip and cloud stocks
The Nasdaq-100 slid 2.5% on Friday as worries over AI infrastructure debt hit chip and cloud stocks. The Fed chair kept an October rate increase on the table.
· Tech & AI
Taiwan Semiconductor reports record profit on strong AI chip demand
Taiwan Semiconductor posted a record profit on demand for AI chips, yet its shares slid 2.3% on Friday as worries about AI spending weighed on technology stocks.
· Tech & AI
Chip stocks extend losing streak as CoreWeave credit concerns mount
Chip stocks kept falling this week. Worries about CoreWeave's debt and higher borrowing costs led investors to ask who will pay for the AI buildout, according to reports.
· Tech & AI
Anthropic opens talks with New York City comptroller after call for IPO delay
Anthropic chief executive Dario Amodei has opened talks with New York City Comptroller Mark Levine. Levine urged the AI company to delay its potential IPO over safety and governance concerns.
· Tech & AI
Nvidia slips 1.4% on claims it pressured smaller cloud firms
Nvidia shares slid 1.4% after research firm SemiAnalysis said smaller cloud providers were kept out of an Nvidia event for adding rival chips. The claim concerns how the chipmaker treats its customers.
· Tech & AI
Apple reportedly plans a limited Apple Intelligence launch in China
Apple plans to bring a smaller version of its AI features to Chinese iPhones in December, according to reports. It would leave out AI-powered Siri, which could limit any lift to iPhone demand there.
· Tech & AI
Nvidia chief says new chip orders keep arriving despite tech selloff
Nvidia chief Jensen Huang said fresh chip orders arrive nearly every day, a sign that AI spending may hold up. Tech stocks still lost ground this week.
· Tech & AI
Taiwan Semiconductor slides despite strong quarterly results on AI chip demand
Taiwan Semiconductor's shares slid 1.8% after a quarter that topped its own forecast. Its chief executive flagged heavier factory spending that may weigh on margins before new plants pay off.
· Tech & AI
Venture Global signs GE Vernova and Baker Hughes deals to power AI data centers
Venture Global lined up power generation units from GE Vernova and Baker Hughes for a private network that could feed its AI computing sites. Its shares tumbled 5.8% on Thursday.
· Tech & AI
Nvidia falls 1.8% despite Huang saying chip orders outpace supply
Nvidia shares slid 1.8% as worries about debt-funded AI spending weighed on chip stocks, even though chief executive Jensen Huang said orders keep outrunning supply.
