technology News
Tech Giants Poised to Dodge Billions in EU Network Fees Under New Act
Draft of the EU's Digital Networks Act reportedly scraps mandatory 'fair share' payments in a major win for Google, Meta, and others, opting for a voluntary framework.
Caterpillar Stock Climbs on NVIDIA AI and Robotics Partnership
The industrial giant will integrate NVIDIA's AI platforms to develop autonomous machinery and create 'digital twins' of its factories, signaling a major push into AI-driven industry.
Snowflake to Acquire Observe in AI Data Push
Data cloud giant's shares dip as it moves to absorb AI-powered observability firm, signaling a long-term strategic play over immediate market sentiment.
Snowflake Enters Observability, Pressuring Datadog and Dynatrace
Shares of observability leaders fall as Snowflake's acquisition of AI-powered startup Observe signals a new competitive threat from the data cloud giant.
Applied Digital Surges as AI Data Center Demand Fuels 250% Revenue Growth
Company beats Q2 revenue estimates by over 50% and secures a $5 billion hyperscaler lease, signaling a successful pivot to high-performance computing.
Nvidia Navigates New China Headwinds as H200 Chip Orders Face Pause
Beijing reportedly reviews import conditions for the tailored AI chip, prompting Nvidia to demand full upfront payment from Chinese buyers amid growing uncertainty.
Applied Digital Surges on 250% Revenue Growth, Cloud Spinoff
The company announced blockbuster Q2 results and a plan to spin off its high-demand GPU Cloud business into a new public entity named ChronoScale.
Meta Shares Slide as China Probes AI Startup Acquisition
Beijing's review of the Manus deal, citing export control laws, injects regulatory uncertainty into Meta's AI and metaverse hardware ambitions.