technology News
Oklo Surges on Deal to Power Meta's AI Push with Nuclear Energy
The pre-revenue nuclear startup signed an agreement with the tech giant to explore developing a 1.2-gigawatt power campus, a major validation of its technology.
Nvidia Positions for China Comeback on Reported Alibaba AI Chip Order
Deal for export-compliant H200 chips hinges on Chinese regulatory approval expected in Q1, testing the waters after US controls decimated sales.
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.