technology News
Cipher Mining Dips After Announcing $1.4B Debt Offering
The move to fund a new AI data center comes just one day after strategic partnerships with Google and AWS sent the stock soaring over 20%.
Patria Surges on $9.3B TikTok Data Center Deal in Brazil
The Latin American investment firm's subsidiary Omnia is set to build a massive hyperscale facility, marking a major push into digital infrastructure.
Tesla Stock Jumps on Plan to Allow FSD Subscription Gifting
The move opens a new high-margin revenue channel for its Full Self-Driving software ahead of the holiday season, even as the technology faces scrutiny.
Quantum Stocks Tumble as US Denies Equity Stake Reports
Shares of Rigetti and D-Wave drop over 10% after Commerce Department refutes reports of potential government investment, cooling a speculative rally.
Cognizant Bets on AI With Anthropic Deal, Workforce Overhaul
The IT services giant is investing $1 billion and training its 350,000-strong workforce on AI, signaling a major strategic pivot to capture the enterprise AI market.
Schlumberger Debuts AI Assistant in Digital Services Push
The energy services giant launches 'Tela' to accelerate efficiency and data analysis, deepening its rivalry with competitors in a sector-wide technology race.
Verizon Shares Climb on Deal to Build AI Fiber Network for Amazon
The 'Verizon AI Connect' initiative will create new high-capacity fiber routes for AWS data centers, positioning the telecom giant as a key infrastructure player in the AI boom.
Uber Stock Climbs on Global Partnership with Toast
The deal integrates Uber's delivery network with Toast's popular restaurant point-of-sale system, aiming to challenge DoorDash's market dominance.