technology News
Robinhood Targets Pre-IPO AI Boom with New Retail Investor Fund
New closed-end fund, Robinhood Ventures Fund I, aims to give users access to high-growth private tech companies amid surging interest in AI.
Applied Digital Shares Fall on $2.35 Billion Debt Offering Plan
The data center operator seeks to fund a major expansion, but the move introduces significant leverage, representing over a quarter of its market value.
China Suspends Tech Metal Export Ban, Easing Pressure on US Chipmakers
Beijing lifts restrictions on gallium and germanium shipments to the U.S. following a high-level meeting between presidents Trump and Xi, signaling a thaw in tech trade tensions.
Rumble Shares Surge on Strategic Pivot to AI Infrastructure
Company to acquire Northern Data, backed by a $100M ad deal and $150M in GPU service commitments from Tether, signaling a major transformation.
Joby Aviation Stock Climbs on Tokyo eVTOL Project Selection
The U.S.-based air taxi developer was chosen for a key urban air mobility initiative, signaling progress in the crucial Japanese market.
TSMC Gains as Nvidia CEO Publicly Asks for More AI Chips
Jensen Huang's high-profile visit to Taiwan underscores surging demand for TSMC's advanced nodes amid the global AI hardware race.
US Chipmakers Face Billions in Losses as China AI Market Evaporates
Nvidia's high-performance AI chip market share in China has plummeted from 95% to near zero, forcing costly inventory write-downs and accelerating Beijing's push for self-sufficiency.
OpenAI Explores Cloud Services, Posing New Challenge to Tech Giants
The AI leader's potential entry into direct compute sales could disrupt the lucrative cloud market dominated by Amazon, Microsoft, and Google.