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Tech News
/ 9 months agoOracle soars on AI cloud growth as customers race to secure computing capacity
Oracle shares rose about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI...
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Tech News
/ 9 months agoKlarna shares indicated to open up to 25% over IPO price in much-awaited US listing
Klarna shares were indicated to open up to 25% above its IPO price and fetch the Swedish fintech a valuation of...
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Tech News
/ 9 months agoBitcoin buyers plunge as investors’ crypto euphoria fades
Companies that accumulate and hoard bitcoin and other cryptocurrencies have suffered sharp drops in their share prices as the crypto euphoria...
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Tech News
/ 9 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
/ 9 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
/ 9 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
/ 9 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
/ 9 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
/ 9 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
/ 9 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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