Fireworks hits $17.5 billion valuation and $1B in annualized revenue
Fireworks founders pose for a photo at the startup’s headquarters in San Mateo, California. From left in front…
Nvidia reveals new AI model and expands Japan’s physical AI ecosystem
Samuel Boivin | Nurphoto | Getty Images Nvidia unveiled a new AI model for robots and vision AI…
Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership
Chinese tech company Baidu, best known for its search engine, also operates cloud, mapping and other internet-based services.…
Alibaba stock rises after Apple inks deal to use Qwen AI models
U.S.-listed shares in Chinese conglomerate Alibaba rose 4% in premarket trading on Wednesday after confirming that its Qwen…
ASML hikes sales forecast on strong AI chip demand
ASML on Wednesday raised its guidance for the second time this year and reported stronger-than-expected quarterly results as…
Stripe, Advent offer to buy PayPal for more than $53 billion: Reuters
Samuel Boivin | Nurphoto | Getty Images Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc for…
SK Hynix South Korean shares jump 11% as Asia tech stocks rally
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon…
Commerce official says Nvidia H200 AI chips have been shipped to China
16 July 2025, China, Peking: Jensen Huang, CEO of Nvidia, speaks to journalists. During a trip to China,…
Chamath Palihapitiya: Soaring AI spend will hit company earnings
Tech investor Chamath Palihapitiya on Tuesday said artificial intelligence usage could negatively impact some companies’ earnings, in part…
SpaceX alumni who founded TerraFirma land $115M funding round
TerraFirma’s semi-autonomous construction equipment Courtesy: TerraFirma As SpaceX‘s Elon Musk sells investors on a space economy with life…
The volatile AI trade marched higher, but oil kept Wall Street on edge last week
Wall Street’s record-setting start to the week ran into two familiar sources of volatility: the artificial intelligence trade…
China’s BrainCo bets on wearable brain tech
Brain-computer interfaces, a nascent technology, establishes a direct link between human minds and devices. BrainCo Elon Musk’s Neuralink,…