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Tech News
/ 2 months agoUS Senator Cruz proposes AI “sandbox” to ease regulations on tech companies.
Republican U.S. Senator Ted Cruz introduced a bill on Wednesday that would let artificial intelligence companies apply for exemptions to federal...
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Tech News
/ 2 months agoAmazon developing consumer AR glasses to rival Meta, The Information reports
Amazon.com is developing augmented reality (AR) glasses for consumers, the Information reported on Wednesday, citing two people with knowledge of the...
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Tech News
/ 2 months agoSynopsys set to wipe out 2025 gains as shares tank on China business woes
Shares of Synopsys fell nearly 35% on Wednesday, erasing the chip design software provider’s 2025 gains, as Sino-U.S. trade tensions hurt...
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Tech News
/ 2 months agoMoelis hires veteran tech banker Timothy Roepke from Jefferies, sources say
Moelis has hired veteran technology banker Timothy Roepke from Jefferies as the boutique investment bank continues to expand its technology M&A...
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Tech News
/ 2 months agoUS data center build hits record as AI demand surges, Bank of America Institute says
Construction spending on U.S. data centers reached an all-time high of $40 billion at a seasonally adjusted annual rate in June,...
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Tech News
/ 2 months agoKlarna inches closer to hotly anticipated US debut after $1.37 billion IPO
Swedish fintech Klarna will begin trading on the New York Stock Exchange later on Wednesday after raising $1.37 billion in its...
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Tech News
/ 2 months agoAI infrastructure company Nebius to raise $3 billion to fuel growth
Nebius Group said on Wednesday it would raise $3 billion to fuel growth in its core artificial intelligence cloud business, on...
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Tech News
/ 2 months agoTrump Media and Technology seeks SEC approval for five new ETFs
Trump Media and Technology Group announced the filing for five new exchange-traded funds with the U.S. Securities and Exchange Commission on...
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Tech News
/ 2 months agoBain Capital to sell China data centre business to Chinese consortium for $3.9 billion
U.S. investment firm Bain Capital has agreed to sell data centre operator WinTriX DC Group’s China business to a consortium led...
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Tech News
/ 2 months agoAI infrastructure company Nebius to raise $3 billion
Nebius Group said on Wednesday it would raise $3 billion to fuel growth in its core artificial intelligence cloud business, on...
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