technology News
Hut 8 Surges 21% on $7 Billion Pivot from Crypto to AI Infrastructure
The bitcoin miner strikes a landmark 15-year deal to build and operate a massive data center for prominent AI firm Anthropic, with financial backing from Google.
QuantumScape Jumps on Battery Development Deal with Major Automaker
The pre-revenue firm secures a partnership with a 'Top-10 global automaker,' meeting a key 2025 goal and boosting confidence in its solid-state battery technology.
CEA Industries Pivots to Crypto, Staking Future on BNB Tokens
The electronics firm's stock falters despite a massive earnings beat driven by accounting gains and a new strategy to amass one of the world's largest corporate crypto treasuries.
Accenture and Palantir Expand AI Partnership for Enterprise Clients
Palantir shares rise as the deal promises to leverage Accenture's vast consulting network to deploy AI solutions, while Accenture stock sees a slight dip.
US Tech Giants Face Headwinds as Digital Tax Dispute with EU Escalates
Washington has threatened retaliatory measures if the European Union moves forward with a proposed digital services tax, creating uncertainty for major technology firms.
US Mandate on Quantum-Proof Tech Ignites Cybersecurity Sector
New federal rules require agencies and contractors to adopt post-quantum cryptography, countering the threat of 'harvest now, decrypt later' data theft.
Accenture Buys Data Center Firm DLB for AI Infrastructure Push
Consulting giant acquires a 65% stake in engineering specialist DLB Associates to meet surging demand for generative AI-ready data centers.
AIRO Group Surges as First US-Made RQ-35 Drones Roll Off Production Line
The milestone firmly positions the defense firm to capitalize on the Pentagon's growing demand for American-made unmanned systems and compete for larger domestic contracts.