technology News

Alphabet Shares Climb on Walmart AI Partnership News
Technology
2mo ago

Alphabet Shares Climb on Walmart AI Partnership News

The retail giant will use Google's Gemini models to power new generative AI features, marking a significant enterprise victory for Google's cloud and AI divisions.

A16z Doubles Down on AI and Defense with $15B Fundraising Haul
Technology
2mo ago

A16z Doubles Down on AI and Defense with $15B Fundraising Haul

The venture capital giant's latest raise includes a $1.15B 'American Dynamism' fund, signaling a major strategic pivot by Silicon Valley towards national security and industrial tech.

SoftBank, OpenAI Inject $1B Into AI Data Center Infrastructure
Technology
2mo ago

SoftBank, OpenAI Inject $1B Into AI Data Center Infrastructure

The joint investment in SB Energy underscores the intense race for computing power and highlights the critical need for energy-rich data center campuses.

Nuclear Stocks Surge as Meta Taps Atomic Power for AI Push
Technology
2mo ago

Nuclear Stocks Surge as Meta Taps Atomic Power for AI Push

Vistra Corp. and Oklo shares jumped after the tech giant announced long-term deals to secure carbon-free energy for its power-hungry data centers.

CIMG Stock Soars After Securing $124M in AI Computing Contracts
Technology
2mo ago

CIMG Stock Soars After Securing $124M in AI Computing Contracts

The deal value is nearly seven times the company's market capitalization, marking a decisive pivot from its legacy business into the high-demand AI infrastructure sector.

Ondas Soars on $1B Premium Stock Offering for Drone Expansion
Technology
2mo ago

Ondas Soars on $1B Premium Stock Offering for Drone Expansion

The deal, priced at a 17.5% premium, will fund the global scale-up of its FAA-certified autonomous "drone-in-a-box" platform for industrial and defense markets.

Applied Digital Surges as Focus Shifts to Major Hyperscaler Deal
Technology
2mo ago

Applied Digital Surges as Focus Shifts to Major Hyperscaler Deal

Shares climb over 8% as investors look past mixed quarterly results, betting on the company's strategic pivot to servicing large-scale AI and cloud clients.

Oklo Shares Surge on Meta Nuclear Energy Partnership
Technology
2mo ago

Oklo Shares Surge on Meta Nuclear Energy Partnership

The tech giant is backing Oklo's development of a 1.2 GW advanced fission power campus to meet the energy demands of its data centers, a major validation for the nuclear startup.