A federal jury in Tampa ordered Comcast to pay $213 million to WhereverTV after finding its X1 set-top boxes infringed a streaming-video patent; Comcast says it will appeal.
Bitcoin rose back above $82,000 on Monday after briefly breaking below $80,000 last week, as retreating oil prices and lower Treasury yields restored appetite for risk. Ether and tech stocks joined the relief rally — but analysts warn Wednesday's oil inventory data is the next test.
Elon Musk says he will give one of his SpaceX shares to every child in the United States next year — a pledge worth roughly $11 billion at current prices. No details yet on who counts or how the transfer works.
The IMF has named debt-fuelled AI spending a top threat to global financial stability, warning that $650 billion in 'circular' AI financing — where future revenue promises flow back to the investors themselves — could amplify a tech correction into a market shock.
The Philadelphia Semiconductor Index just fell for an eighth straight trading session — its longest losing streak since the 2008 financial crisis — as fears over AI infrastructure debt hammered chip stocks from Wall Street to Tokyo and Seoul.
Jio Platforms opened anchor bidding on Monday for India's largest-ever IPO, a Rs 30,213-crore fresh issue at a Rs 10.3 lakh crore valuation, ahead of the October 21 public offer.
IBM has embedded roughly 6,000 AI agents into more than 150 consulting workflows and is pitching 'human-digital' teams to clients, moving from AI tools to re-engineered business processes.
Bharti Airtel has become India's first major operator to launch dedicated voice-and-SMS-only prepaid recharge packs — Rs 185, Rs 203 and Rs 206 — ahead of TRAI's October 21 deadline, giving the country's 220 million feature-phone users a cheaper way to stay connected.
Disney will pay 66 Character.AI employees $60 million a year plus a $30 million retention pool, absorbing the bankrupt chatbot startup's team as the centerpiece of its AI strategy.
Urban Company's board cleared a plan to raise up to ₹2,500 crore via QIP as its September-quarter net loss more than tripled to ₹182.5 crore on heavy InstaHelp spending.
CoreWeave shares plunged about 15% after yields on its 2032 bonds hit 15%, as investors question whether the AI cloud provider can service its $52 billion debt pile despite a $104 billion revenue backlog.
Berkshire Hathaway is buying 10 million more Bending Spoons shares at $33 each — a $330 million private placement that lifts its stake to 4% and sends the Italian software roll-up's stock surging.
Microsoft has terminated its anchor-tenant deal for Nscale's planned Loughton, Essex data center after UK grid delays pushed its power supply into the 2030s — a setback for the neocloud's $35 billion IPO push.
Leaked documents reveal Amazon's in-house AI tool Atlas scores warehouses from 100 to 900 on the likelihood of union organizing, with BHX4 near Coventry and EMA4 in Sutton Coldfield sitting in the highest-risk tier.
OpenAI alleged in a new court filing that an employee who quit for Apple sent more than 100 files about an unreleased OpenAI device to personal accounts — then presented the product to Apple's senior leadership.
TikTok has permanently suspended the ad account for Alex Gibney's 'Musk' documentary, telling distributor Bleecker Street it violated political-content rules — just as the film expands to more than 470 screens across North America.
Britain's Competition and Markets Authority wants to designate Microsoft with 'strategic market status' across its business software empire — from Windows and Office to Teams and Copilot — a label that would let it write bespoke rules for the tech giant. Consultation runs until November 13, with a final decision due by February.
Intel and Qualcomm are both reported to be circling Tenstorrent, Jim Keller's AI chip startup, in a deal that could reach $10 billion — the latest and most expensive skirmish in the race to break Nvidia's grip on AI computing.
CoreWeave's five-year credit default swaps hit an intraday record near 1,200 basis points this week, implying the market sees a greater than 60% chance of default within five years — even as CEO Mike Intrator calls the selloff 'irrational' and points to a $104 billion contract backlog.
China's Star50 index has tumbled nearly 40% in the second half of 2026, making it the world's worst-performing major tech gauge, as chipmakers MetaX and Moore Threads shed about half their market value in the AI trade's unwind.
Anthropic co-founder Jack Clark told the IMF and World Bank annual meetings in Bangkok that one of the company's internal models projects US GDP could reach $44 trillion by 2030 under an extreme AI scenario — while warning policymakers they have 'a small number of years' to impose serious safeguards.
Booking Holdings has launched Vayo, a Seattle-based AI travel startup with a planned $100 million investment, whose agents pull reservations from your inbox and manage the whole trip — including bookings made on rival sites like Expedia.
JPMorgan won't let external AI assistants like Meta's Muse log in to customer accounts or move money, CEO Jamie Dimon said on the bank's earnings call — warning that customers who hand agents the keys are accepting a 'liability transfer.'
OpenAI has hired Graham Seamans, the executive who led xAI's sales team since August 2025, to lead sales for its cybersecurity business — the latest SpaceX-linked executive to jump ship.
Taiwan will add AI servers and advanced chips to its controlled-exports list, making unauthorized shipments to China a criminal offense punishable by up to five years in prison.
Mastercard and BVNK have launched the Global Money Platform, a single-API infrastructure that lets banks, fintechs and businesses hold, convert and spend fiat and stablecoins side by side — the first major integration since Mastercard's $1.8 billion BVNK acquisition.
The Nasdaq 100 just suffered its worst week since April 2025 as an AI infrastructure financing scare collided with $110 oil — erasing more than $1 trillion from tech stocks and putting CoreWeave's $51 billion debt pile at the center of the selloff.
Besi shares slid 3% in Amsterdam after SemiAnalysis reported that ASML's patent filings point to its own hybrid bonding tool — putting the Dutch giant into Besi's core growth niche.
Anthropic is offering Blackstone a double-digit yield to finance its latest chip purchase, the Financial Times reports — with Blackstone funds set to put $9 billion into debt backed by five years of Anthropic's chip-lease payments.
SoftBank Group is weighing an $18 billion acquisition of Allied Universal, Bloomberg reports, to turn the security giant's guard operations into a deployment ground for AI robots. The total value could approach $30 billion including debt — and SoftBank shares slid 9.5% on the news.
India's battered IT stocks are on course for their biggest weekly gain in 18 years, with the Nifty IT index up more than 10% on strong quarterly results from Tech Mahindra and Wipro — just as global investors flee AI-linked shares.
Ramp raised $1.85 billion at a $60 billion valuation, up 36% from June, as the New York fintech reports annualized revenue above $2 billion and pushes deeper into AI-driven finance tools.
TSMC reported record third-quarter revenue of $46.7 billion and net profit of about $23.6 billion, its sixth straight record quarter, as AI chip demand kept its advanced fabs running at full tilt — even as chip stocks crashed around it.
OpenAI agreed not to use trade secrets Apple claims were stolen by former employees, after a federal judge signaled he was 'highly likely' to grant Apple a preliminary injunction. The deal also requires forensic images of 14 employees' devices.
TikTok's parent ByteDance is in final talks with MediaTek for custom AI data center chips, a deal that would make it the chipmaker's second major ASIC customer after Google and cut its reliance on Nvidia GPUs.
GlobalFoundries will build and operate two new chip factories in Malta, New York under a $21 billion US-Japan investment initiative. Japan provides the capital, while Apple and Renesas Electronics are lined up as the first customers.
South Korea halted trading on both of its main stock exchanges Thursday after the Kospi crashed 8%, as the AI-stock rout spread across Asia with Japan's Nikkei down nearly 5%.
CoreWeave plunged 16%, Nebius 11%, Oracle 9% and Dell 11% after a hotter-than-expected US inflation report fanned fears that higher borrowing costs will crush the debt-fuelled AI buildout.
Netflix is cutting roughly 1,000 jobs — 6% of its workforce — in its biggest layoff since 2022, telling staff it must be disciplined about where it prioritizes people and resources.
Alpha Compute has signed a binding four-year, $81.7 million contract leasing all 592 Nvidia B300 GPUs of its Missouri ALPHA-03 cluster to a billion-dollar AI compute marketplace, prepaying a quarter of the deal.
A Delaware jury ruled that Arm breached its licensing deal with Qualcomm and meddled in its relationship with Meta — but handed Qualcomm only $2 in damages after a five-day trial.
Nvidia is taking minority stakes in four French startups — Doctolib, Genesis AI, Pigment and Entalpic — as CEO Jensen Huang kicked off a European tour in Paris and committed roughly $10 billion to the continent's AI ecosystem.
Bumble has agreed to be acquired by Ithaca Holdings for $1.3 billion, taking the dating app private five years after a splashy IPO valued it near $14 billion.
ASML reported record third-quarter sales of €11.7 billion and net income of €5 billion on Wednesday, and guided fourth-quarter revenue above analyst expectations as AI-driven demand for its chipmaking machines keeps outrunning supply.
A federal judge has ruled that Apple gets early access to OpenAI's hiring materials in its trade secrets lawsuit, setting tight deadlines of five and fourteen days. The order also allows depositions of three former Apple employees now at OpenAI.
Adani Enterprises and US-based Jabil have signed an MoU for a proposed 50:50 joint venture to manufacture AI racks, servers and cooling equipment in India, with multi-gigawatt manufacturing capacity planned.
Zoho has paused annual pay hikes and cut marketing spend as AI infrastructure costs surge, with founder Sridhar Vembu warning that the outlook for software jobs is grim.
Character.AI, the startup behind one of the world's most-used AI chatbot apps, has filed for Chapter 11 bankruptcy protection in the US. It has agreed to sell some assets to Walt Disney for $20 million, with the entertainment giant acting as the lead bidder in a court-supervised auction.
Meta has challenged Ofcom in the UK High Court over how the regulator calculates fees and fines under the Online Safety Act, arguing the formula unfairly forces a handful of tech giants to bear the vast majority of its costs. The hearing begins October 13.
Morgan Stanley says US startups developing power and computing technologies for AI data centres have raised $33.5 billion in 2026, nearly double last year's total. Electricity, not chips, is now the industry's key bottleneck.
Blur says its website will close on November 12 as monthly NFT trading volume collapsed more than 99% from its 2023 peak, sending the BLUR token down over 20%.
South Korea's benchmark index plunged more than 7% on Tuesday to its lowest since July after China's CXMT said it would unveil next-generation server DRAM this year, triggering a circuit breaker and dragging chip stocks across Asia.
HCLTech beat estimates with a Rs 5,132 crore Q2 profit, up 21% year-on-year, and declared a Rs 12 interim dividend — sending the stock up 6% as its new Anthropic partnership puts agentic AI at the center of its growth story.
Tencent has launched a US dollar and offshore-yuan bond sale that could raise at least $4.5 billion, its second major debt raise of 2026 as AI infrastructure spending pushes free cash flow negative.
Shanghai-based Infinigence AI has closed a RMB 2.3 billion (~$344 million) Series C round — reportedly the largest ever in China's AI-native infrastructure category — and confidentially filed for a Hong Kong IPO.
Atoms, the robotics and industrial automation group founded by Uber co-founder Travis Kalanick, has raised $1.7 billion led by Andreessen Horowitz to expand its automated kitchen network across Europe.
HCLTech has signed a Global Premier Partnership with Anthropic to accelerate enterprise adoption of agentic AI, creating a dedicated Anthropic business unit and embedding Claude into its software products.
IonQ has agreed to buy cybersecurity firm Elisity in an all-stock deal valued at up to $1.3 billion, betting that the quantum era will make cybersecurity more critical than ever.
Broadcom CEO Hock Tan told a Singapore panel that capital — not chips — will be the biggest constraint on AI growth, a sharp pivot from last month's warning about data-centre power sites.
Prime Minister Narendra Modi inaugurated CG Semi's chip assembly and testing plant in Sanand, Gujarat, declaring 'this decade is India's Techade' as New Delhi presses its more than $20 billion bet on semiconductor self-reliance.
SWI Group is raising €800 million from institutional investors at a €6.1 billion valuation to accelerate its transatlantic data center and AI compute expansion. The raise takes the group's total equity raised since March 2026 past €1 billion.
Anthropic has signed a multi-year cloud contract with neocloud provider IREN, The Information reported, pushing its data center leasing spree past 15 gigawatts of capacity — reportedly worth around $530 billion.
TSMC is expected to post its sixth straight quarter of record profit this Thursday, with analysts forecasting a 65 percent jump in Q3 net profit to $23.4 billion as AI chip demand shows no sign of slowing.
Amazon is in talks to acquire AI startup Decart in a deal valued at around $7 billion, the Wall Street Journal reported on Sunday, in what would be one of the biggest AI acquisitions of the year.
HubSpot will eliminate around 660 roles — roughly 7 percent of its workforce — in an AI-driven restructuring costing $65–75 million, while insisting the cuts are not driven by AI efficiencies.
Cloudflare is acquiring Deno, the JavaScript runtime startup founded by Node.js creator Ryan Dahl, to let developers run its Workers programming model on their own servers. The deal targets the cloud lock-in that has long tied enterprise code to a single vendor's infrastructure.
Pearson has agreed to acquire Workera, the Palo Alto AI skills-intelligence startup used by ServiceNow and the U.S. Space Force, folding it into its Enterprise Learning & Skills unit as companies scramble to measure AI readiness.
Elon Musk has escalated his feud with Mukesh Ambani over Starlink's long-delayed India launch, sarcastically calling the Reliance chairman "Prime Minister Ambani" and accusing telecom giants of blocking competition. New Delhi says the process is fair and non-discriminatory.
Amazon confirmed a leadership reshuffle in its Alexa division on Friday, with longtime vice president Daniel Rausch stepping away next month and Fire TV executive Aidan Marcuss taking charge.
After five days of testimony and about four hours of deliberation, a Delaware jury could not reach a verdict in Qualcomm's contract case against Arm and will return on Tuesday to continue.
Firmus is in talks with existing investors to raise up to $3 billion privately after shelving its A$11-a-share IPO, sources tell Bloomberg — a rapid pivot for the Nvidia-backed AI data center builder.
Spotify has launched technology.spotify.com, a storefront for the internal developer tools it built for its 777 million users - formalizing years of quiet enterprise software sales under one brand.
Masayoshi Son is seeking up to $100 billion from Gulf investors for a new AI-driven buyout fund, the Financial Times reported on Friday. The talks come as SoftBank's AI spending spree stretches its balance sheet after a $30 billion OpenAI investment.
Broadcom is arranging more than $50 billion in financing for the custom AI chip it is building with OpenAI, the Wall Street Journal reported, with Apollo and Blackstone among the lenders — a landmark test of Wall Street's new role as the AI industry's banker.
Airtel Money has begun conditional trading on the London Stock Exchange at a $7 billion valuation — London's biggest listing in five years — with unconditional trading expected on October 14.
Revolut CEO Nik Storonsky says the $115 billion fintech plans to move beyond financial services and build a broader suite of technology products, powered by proprietary AI models trained on up to 40 million daily transactions.
Alphabet's self-driving unit Waymo has closed a $5 billion term loan — its first debt financing — to fund its global robotaxi expansion, with PIMCO, Blackstone and Sixth Street leading the syndicate.
Wolfspeed has landed a conditional $1.5 billion, 30-year loan commitment from the U.S. Department of War to expand American-made silicon carbide and gallium nitride chip production — with the government taking warrants for up to 7.5% of its equity in return.
SpaceX has agreed to buy Grain Management's nationwide 800 MHz spectrum portfolio for about $8 billion in cash, giving Starlink Mobile the low-band airwaves it needs to challenge AT&T, Verizon and T-Mobile on coverage and in-building reliability.
Flock Safety plans to cut about 270 jobs — nearly a fifth of its workforce — as opposition to its AI-powered surveillance cameras mounts among communities and lawmakers, Reuters reports.
Nvidia's CEO wanted a piece of OpenRouter, but the chip giant needed more time to evaluate the deal — and the AI model marketplace's founder wouldn't wait. Stripe closed the $8 billion acquisition while Nvidia never filed a formal bid.
Nvidia-backed data centre operator Firmus Technologies has scrapped its hotly anticipated Australian IPO — set to be the country's second-largest listing ever — saying market volatility meant the terms would not reflect the company's long-term outlook.
Tata Consultancy Services beat Street estimates with a 15% rise in quarterly profit to ₹13,884 crore, as annualized AI revenue crossed $3.1 billion — more than a tenth of total sales.
OpenAI recently told investors its annualized revenue was nearing $50 billion, roughly $20 billion below the previously reported figure. The news sent tech stocks sliding, with the Nasdaq posting its worst day since mid-August.
Finnish regulators have ordered Google's subsidiary Tuike Finland to suspend environmentally significant site work at two planned data centers in Muhos and Kajaani, after hundreds of hectares of forest were cleared before mandatory environmental impact assessments were completed.
The Trump administration has barred Microsoft, Adobe and six major IT outsourcing firms from the US PERM green-card program indefinitely over alleged visa fraud, with nine universities facing visa investigations too.
Securitize has launched tokenized trading of 12 major US stocks including Apple, Nvidia and Tesla on Solana, with tokens backed one-for-one by the underlying shares and 24/7 trading on a planned NYSE venue in the works.
President Donald Trump will present the National Medal of Science to Elon Musk, Sergey Brin, Jensen Huang and Lisa Su, with Michael Dell and Satya Nadella receiving the National Medal of Technology and Innovation.
Webull shares plunged as much as 20% on Wednesday after a bipartisan House panel found the brokerage’s ownership, tech infrastructure and data flows “structurally” tied to China — a finding the company flatly rejects.
New Alinea Analytics data puts Crimson Desert's revenue at $426.7 million since its March launch, making it one of 2026's five biggest-selling games and a rare new IP beating established franchises.
Meta and Microsoft are curbing internal employee use of Anthropic's Claude to control costs, per The Information — Meta's Claude Code users fell from 60,000 to 30,000, and Microsoft slashed its internal Anthropic spending forecast by over a third.
Ola Electric's board approved the terms of its ₹1,000 crore rights issue at ₹27 per share — a 26 percent discount — with the offer opening October 22 and promoter Bhavish Aggarwal subscribing in full.
Amazon confirmed it cut fewer than 1,000 corporate jobs, mainly in its Stores unit — and Jeff Bezos says the cuts are still correcting the company's pandemic-era overhiring.
Tencent is weighing a US$5 billion offshore bond sale in US dollars and offshore yuan, as the Chinese tech giant looks to fuel its artificial intelligence and computing infrastructure spending.
French AI infrastructure group Sesterce plans to build a data centre site in Finland costing more than €10 billion ($11.21 billion), starting with 200 megawatts in 2026 and scaling past 1 gigawatt.
The US Treasury has levied a $200,000 penalty against the parent of Plug and Play Tech Centre — its first enforcement action under the outbound investment rules that took effect in January 2025.
Nvidia-backed data centre operator Firmus Technologies is scrambling to hold its blockbuster IPO together after investors balked at the A$11 offer price — with the share price reportedly dropping to as low as A$8.25.
The AI buildout is moving from balance sheets to bond markets: Oracle, Broadcom and SpaceX are all lining up massive debt deals to fund AI chip purchases, the Wall Street Journal reports.
Samsung forecast a record 107.4 trillion won in Q3 operating profit — nearly nine times last year's — as AI-driven demand for memory chips outstripped supply and pushed prices sharply higher.
AirTrunk will invest an additional $1 billion in its 300-megawatt TOK1 data center campus in Inzai, Japan, adding liquid-cooled capacity for AI workloads as geopolitical tensions shift demand toward Asia.
The Memphis City Council voted 7-5 to postpone a decision on a moratorium covering Elon Musk's data centers, and protesters erupted in the chamber, forcing the meeting to shut down.
Brussels is considering taxing big US tech companies through a broad corporate levy instead of a digital-only tax, the Financial Times reported, in a bid to raise EU revenue while avoiding a tariff backlash from Washington.
SpaceX is seeking to raise $40 billion in a financing led by Apollo Global Management to fund a massive Nvidia chip order, with $10 billion in bank loans and $30 billion in investment-grade debt, the Financial Times reports.
The Nasdaq notched a record close on Monday as AI stocks surged even while the 10-year Treasury yield hit its highest level since 2002.
AMD CEO Lisa Su said Tuesday the company plans to substantially increase chip supply in 2027, announcing the push during a supply-chain-focused visit to Taiwan and South Korea aimed at locking in CPU and GPU capacity for surging AI demand.
Elon Musk's fortune jumped by $65 billion on Monday to $1.04 trillion, according to the Bloomberg Billionaires Index, as SpaceX and Tesla shares surged on renewed investor optimism.
Nvidia, Apple, Alphabet, Microsoft, Amazon, Meta and Tesla ended Monday's trading with a combined market value of $24.836 trillion — a new all-time record and more than the nominal GDP of every country except the United States.
RBC Capital Markets expects Marvell Technology to raise its fiscal 2029 AI revenue forecast by at least $2 billion at its October 6 investor day, powered by a deepening custom-chip partnership with Google.
Skyworks has completed its merger with Qorvo, creating a U.S. chip giant with 8,000 engineers and 12,000 patents, and targeting over $500 million in annual cost synergies.
AM Intelligence has ordered 20,000 more NVIDIA Rubin GPUs for Vera Rubin NVL72 systems in India and Malaysia, taking its committed capacity to roughly 29,000 GPUs and 100 megawatts.
Taiwan's Foxconn reported a 47% jump in third-quarter revenue to T$3.03 trillion ($95.4 billion), beating market forecasts as AI demand powered its cloud and networking business — another sign the AI hardware boom still has momentum.
BT Group has acquired loss-making broadband provider TalkTalk out of administration for about £400 million, protecting broadband service for 2.5 million customers and 900 jobs as the UK government steps in on public-interest grounds.
Deutsche Telekom expects AI and automation to save around €2.5 billion in indirect costs by 2030, with €1.1 billion in savings by 2027 — and plans to reinvest some of it into Germany's fibre-optic network.
Huawei and Qualcomm have signed a broad multi-year patent license deal covering 5G, AI, computing and networking, with Qualcomm also buying some of Huawei's US patents.
Around 20 million UK Android users could each receive around £60 if a landmark £1.2 billion class action over alleged excessive Play Store fees succeeds at the Competition Appeal Tribunal.
Schneider Electric is nearing a deal to acquire US engineering software company PTC for about $20 billion, the Financial Times reports — a premium-heavy takeover that would be the French giant's largest ever.
Tokyo Electric Power is tightening electricity rules for data centers to stop "capacity squatters" hoarding unused grid power, as Japan's AI-driven power demand is projected to surge in the coming years.
Samsung Electronics will begin full-scale construction this month on its Yongin semiconductor complex backed by roughly 360 trillion won, and has moved its first fab's target opening up to October 2029 — about a year earlier than planned.
Nokia and satellite intelligence firm ICEYE have partnered to build secure, government-owned broadband satellite communications in low Earth orbit, with the first satellites expected to launch in 2028.
America's three biggest wireless carriers have formally launched a joint venture for direct-to-device satellite coverage, naming industry veteran Paul Roth interim CEO and promising to nearly eliminate mobile dead zones.
Tesla delivered 486,532 vehicles in the third quarter of 2026, beating analyst estimates by about 24,000 cars as recovering European demand offset softer sales in the United States and China.
Blast, the Ethereum layer-2 network that once held more than $2 billion in user deposits, is winding down after operating costs outpaced its revenue. Users have until October 26 to move assets back to Ethereum mainnet.
Amazon will spend more than $1 billion over five years in the U.S. towns hosting its data centers under a new 'Built Together' program, and will stop using NDAs with local officials. AWS chief Matt Garman warned that over 100 moratoriums under debate could cost the U.S. its AI lead.
Cerebras shares tumbled nearly 20% to a post-IPO low after SemiAnalysis said OpenAI's GPT-6.1 Sol 'Ultrafast' mode runs on Nvidia chips, compounding a lockup release of 19.4 million insider shares.
An internal document reviewed by Bloomberg outlines a unified four-tier subscription merging Elon Musk's Grok chatbot with X, ranging from a free plan with tighter Grok limits to a $100-a-month "Ultra" tier built around the Grok Bot AI agent.
Intel is reportedly preparing another roughly 10% price increase on PC processors effective October 5, its third hike since late 2025, as AI-driven memory shortages ripple through the industry.
Bain Capital's Tech Opportunities fund is making a ~$250 million minority growth investment in construction software firm Kahua at a valuation above $1 billion, a 10x jump from its 2019 round.
UK radio-frequency specialist Filtronic has won a record $68.1 million (£51.3 million) follow-on order from SpaceX for Cerus E-band GaN amplifier units that support the Starlink network, with fulfillment expected through fiscal 2028.
Australian AI infrastructure operator Firmus has priced its shares at A$11 each as it seeks to raise A$7.1 billion in what would be Australia's second-largest IPO, with the stock due to start trading on the ASX on October 23.
Britain's competition watchdog has provisionally found that Nexfibre's £2 billion acquisition of Netomnia could substantially reduce competition in wholesale fixed broadband. The buyers have until October 16 to propose remedies.
Nvidia's plan to finance $500 billion in AI infrastructure with its own chips as collateral is running into Wall Street skepticism, with lenders demanding stronger guarantees as they question how long high-end GPUs hold their value.
Samsung is proposing mid-to-high $4 per gigabit for next-generation HBM4 memory during 2027 supply talks — more than triple HBM3E's price — sending European chip stocks rallying. The hike reflects confidence in HBM4's industry-leading 11.7 Gbps speeds.
New Mexico asked a Santa Fe judge on Thursday to order Meta Platforms to pay $35-$40 billion in penalties after a jury found the company misled Facebook users about data privacy in a case rooted in the Cambridge Analytica scandal.
Digital lending platform Moneyview made a blockbuster stock market debut on October 1, with shares listing at a premium of over 60 percent to its IPO price of Rs 34.
Amazon is seeking to offload about $8 billion of Nvidia Grace Blackwell chips into a special-purpose vehicle funded by outside investors, then lease the hardware back, in a bid to lighten its balance sheet.
US Vice President JD Vance said on Thursday that he would support eliminating the H-1B visa program entirely, accusing companies of using it to replace American workers with cheaper foreign labor. His remarks mark one of the administration’s strongest stances yet on skilled-worker immigration.
Anthropic is preparing formal IPO marketing for the week of November 9 with an eye on trading before Thanksgiving, in what could be the largest tech listing in history at up to $2 trillion.
France’s Bull has doubled supercomputer production at its expanded Angers factory to meet record orders, backing Europe’s €7 billion push to close the AI compute gap with the US and China.
A Manhattan federal judge cleared the way for about 5,000 publishers to seek more than $3.2 billion in damages from Google over its ad-tech monopoly, rejecting the company's bid to kill the cases before trial.
SoftBank Group has wired the final $10 billion tranche of its OpenAI follow-on investment, completing a $30 billion program announced in February and taking its cumulative stake in OpenAI to $64.6 billion for roughly 13% ownership.
Nasdaq-listed Sharon AI has closed a US$356 million debt facility secured directly against its GPUs, with Goldman Sachs among the backers, to fund AI factory capacity tied to its $8 billion contract book.
Broadcom has agreed to lend Anthropic up to $42 billion through convertible notes to help finance the AI lab's $125.2 billion TPU compute commitment, Reuters reported from the IPO prospectus.
A federal judge approved Paramount's settlement with 12 states over its $81 billion Warner Bros. Discovery acquisition, removing the last legal barrier to one of Hollywood's biggest mergers.
Micron Technology capped its fiscal 2026 with a sixth straight record quarter — $54.2 billion in revenue and 87% gross margins — as AI data centers kept buying memory faster than it can be made.
Tencent has signed its largest-ever overseas lease deal with Oracle — a five-year, roughly $7 billion agreement giving the Chinese giant access to about 100,000 advanced AI chips in Oracle's Southeast Asia data centers, the Financial Times reports.
Apple exported $13.2 billion worth of iPhones from India in the first five months of the fiscal year, a 47% jump year-on-year that made smartphones the country's top-ranked export.
Amazon has signed a 20-year deal with Constellation Energy to buy 690 megawatts from Maryland's Calvert Cliffs nuclear plant, replacing its scrapped data-center campus plan with a $3 billion-plus plant upgrade to power its AI infrastructure.
Mynt, the parent of Philippine e-wallet giant GCash, has priced its IPO at 6.60 pesos per share — a deal that could raise about 53 billion pesos ahead of its October 20 trading debut.
Asia-Pacific companies have raised $327.1 billion through equity deals in 2026, up 53% on a year earlier, as AI infrastructure investment fuels a capital-raising cycle on course to challenge the 2021 record.
CoreWeave unveiled its Forge software platform and brought Nvidia's Vera Rubin NVL72 systems to its cloud at its first Fully Connected conference, deepening its push from GPU rentals into full enterprise AI infrastructure.
Bloomberg reports new Apple CEO John Ternus is weighing a broad overhaul of the iPhone maker — more frequent product launches, a flatter engineering-led structure and deeper cost cuts as Apple races to stay competitive in the AI era.
The Information reports Google is paying roughly 100 publishers through an AI contribution pilot when their content feeds AI Overviews, AI Mode and Gemini — with payouts ranging from under $1,000 to over $1 million a year.
The SEC issued a no-action letter clearing Tesla's 'Issuer Voluntary Retail Voting Program', which lets retail shareholders set a one-time instruction to vote automatically with the board — a ruling that applies to any US company.
Jeff Bezos's Blue Origin has raised $10 billion at a $140 billion valuation in its first financing round involving outside investors, with Bezos adding $2 billion of his own and outside demand oversubscribed about 15 to 1.
Tesla has entered into $30 billion of new credit agreements, including a $20 billion delayed-draw term loan, to back Elon Musk's push to transform the EV maker into an AI and robotics leader.
Apple Pay has gone live in India for the first time, starting with Visa and Mastercard credit cards issued by Axis Bank on September 30.
Amazon Web Services will license chip-design intellectual property from Synopsys in a multi-year agreement worth more than $1 billion, accelerating Amazon's push to design its own Graviton and Trainium chips.
Meta will start charging Indian businesses for WhatsApp Business Platform service messages from October 1, 2026, with only 1,000 free replies per month before per-message billing kicks in.
India is preparing to deploy roughly $25 billion for deep-tech startups in AI, semiconductors, drones and space — the country's biggest bet yet on building frontier technology at home.
Nvidia has held early talks with insurers about covering the residual value of its AI chips when pledged as loan collateral, in a push to unlock more Wall Street capital for the AI infrastructure build-out.
Finance Minister Nirmala Sitharaman is meeting traders' associations today over the new 0.4% merchant discount rate on select UPI transactions above Rs 2,000, which takes effect October 15 as India rethinks the cost of free digital payments.
Disney laid off several hundred employees — mostly in HR and IT — on September 29, marking the third round of job cuts this year under CEO Josh D'Amaro as the company leans into AI-driven cost reductions.
Amazon's Mechanical Turk closes today after 21 years, ending the crowdsourced work platform that powered early AI data labeling and employed more than half a million 'turkers' at its peak.
AI infrastructure stocks including Bloom Energy, Vertiv and Micron fell sharply on Monday after OpenAI scrapped its GPT-6.1 Astra release over safety concerns, but bounced back in early Tuesday premarket trading.
Smart ring maker Oura has postponed its planned Nasdaq IPO despite strong demand, blaming uncertainty in the IPO market and joining Holtec Nuclear and Bamboo Insurance in pausing listings.
MongoDB shares suffered their worst daily drop in six months on Monday after chief executive CJ Desai quit after less than a year to join Meta, where he will report directly to Mark Zuckerberg as head of the new Meta Enterprise Platform.
Nasdaq has launched an agentic AI operating environment inside its Calypso platform, giving banks, brokers and asset managers a governed way to run AI agents across the trade lifecycle.
Palo Alto Networks, CrowdStrike and Zscaler were the top three Nasdaq-100 performers on Monday, gaining 4.6%, 2.8% and 3.3% respectively, as Nvidia's new Open Agent Safety Platform and a string of AI agent safety incidents stoked demand for cybersecurity tools.
Google has appealed two EU orders requiring it to share search data with rivals and open Android to competing AI services, arguing the Digital Markets Act mandates would undermine privacy and security protections.
HCLTech's software division HCLSoftware will acquire Croatia-based enterprise RPA platform Robotiq.ai for €9 million in an all-cash deal, adding execution muscle to its HCL UnO agentic AI platform.
Meta on Monday launched Meta Enterprise Platform, a new business line selling its AI stack — Muse, Meta Business Agent, Muse API and Muse Code — to corporate customers, and named MongoDB chief executive Chirantan "CJ" Desai to lead it.
Samsung Group said Tuesday it will invest a combined $1 billion in Helix Digital Infrastructure, the KKR-launched, Nvidia-backed AI data center company, joining as a founding investor and pushing the platform's secured capital past $11 billion.
Australia's Megaport has signed three AI infrastructure contracts with a combined value of A$978.6 million ($687 million), and raised its 2027 revenue forecast as global demand for AI computing power keeps climbing.
Crusoe has ended a $1.25B plan to buy 29 of Boom Supersonic's Superpower gas turbines for its AI data centers, leaving the jet maker without the launch customer for its new power business.
Nvidia's board has authorized an additional $150 billion in share repurchases — the largest buyback authorization increase in U.S. corporate history — bringing the total remaining authorization to $235 billion.
Google is testing a 'Buy' button on select Flipkart listings inside Gemini and AI Mode in India, opening a Flipkart-branded checkout without leaving the AI chat. A wider rollout is reportedly planned for October, ahead of the festive shopping season.
TikTok and ByteDance agreed to pay Alabama $100 million and impose a two-hour daily usage limit for children, with overnight and school-hour blocks, in the platform's first settlement with a US state.
China says it has agreed with the United States on a $30 billion reciprocal tariff-reduction arrangement and a first-of-its-kind dialogue on AI risks, under an eight-point consensus reached during Xi Jinping's three-day visit to Washington.
The U.S. Justice Department filed an amicus brief in the Apple-Epic case, arguing the Supreme Court should reverse the contempt finding over Apple's 27% commission — but backing the finding on other restrictions.
Amazon is hiring a Head of Regulatory Approvals for Australia to clear Prime Air drone deliveries, with the role reporting to a Leader of Prime Air Expansion – Asia Pacific.
A US jury in San Diego ruled that Apple's Taptic Engine infringed two patents held by Taction Technology, awarding the largest patent-infringement verdict in US history. Apple says it will appeal.
Oracle has sent a force majeure notice to the Blue Owl Capital unit developing Project Jupiter, its 2.45GW Stargate data center campus in New Mexico, securing the right to defer payments if the facility misses its 2028 opening amid power-supply delays.
Infosys plans to shift 25 to 33 percent of its workforce into specialized roles and build a 6,000-strong team of frontier engineers, briefing partners and analysts at its Americas confluence in Washington, D.C.
Goldman Sachs projects Amazon, Alphabet, Microsoft, Oracle and Meta will spend a combined $1.2 trillion on AI infrastructure in 2027 — the biggest investment cycle since 19th-century railroads — but they will need $300 billion a year in AI revenue just to break even.
A San Diego jury found Apple's Taptic Engine infringes two Taction patents, awarding the biggest patent verdict in US tech history. Apple says it will appeal.
Qualcomm shares jumped nearly 4% on Friday as investors welcomed a renewed global patent-licensing agreement with Apple and a fresh lineup of AI-focused chips, including the 2-nanometer Snapdragon 8 Elite Gen 6.
Consumer AI assistant startup Instinct is reportedly raising $250 million at a $2.5 billion valuation, as investors pour money into AI agents that carry out real-world tasks on users' behalf.
Blackstone-backed Firmus is preparing a $5 billion listing on the Australian Securities Exchange that would be the country's second-largest IPO ever, counting Nvidia, Meta and OpenAI as customers.
SoftBank has completed the largest high-yield corporate bond sale on record, raising $11.1 billion at yields approaching 10 percent as Masayoshi Son doubles down on OpenAI and AI infrastructure.
Microsoft plans to invest more than $10 billion across the UAE, Saudi Arabia, Qatar and Kuwait by 2030, expanding cloud and AI infrastructure with a new emphasis on digital resilience.
London voice-AI startup ElevenLabs is in talks with the EU-backed Scaleup Europe Fund for a Series E of more than $500 million, just seven months after raising at an $11 billion valuation.
Data-security company Cyera has closed a $400 million Series G extension led by Goldman Sachs Alternatives, valuing the AI-era security platform at more than $12 billion as enterprises scramble to protect the data flowing through AI systems.
Hubble Network has raised $200M in Series C funding at a $1.6B valuation and opened its satellite-to-Bluetooth constellation to general availability. The company plans to expand from 6 to 60 satellites by 2030, enabling everyday Bluetooth Low Energy chips to transmit data from anywhere on Earth.
Nvidia's Jensen Huang and OpenAI's Sam Altman are among the tech leaders expected at a White House state dinner for Xi Jinping, with artificial intelligence set to dominate the agenda.
DeepSeek has hired CITIC Securities to prepare for a possible Shanghai STAR Market listing while reportedly seeking fresh capital at a valuation near $74 billion, up from $50 billion in June.
Eindhoven-based Euclyd raised over 200 million euros in a Series A co-led by Samsung's Catalyst Fund, Somerset Capital Partners and EQT's Scaleup Europe Fund, backing a new AI inference chip architecture.
Ridgeline raised $250 million in an invitation-only Series E led by founder Dave Duffield, valuing the AI-native investment management platform at $1.425 billion as committed assets approach $750 billion.
Temporal raised $550 million in a Series E round valuing the Bellevue AI infrastructure company at $12.55 billion, with annualized revenue above $250 million as enterprises adopt its durable-execution platform for AI agents.
Nvidia posted quarterly revenue of $96.2 billion, up 106 percent year over year, beating Wall Street expectations and guiding to $108 billion for next quarter as data center demand for AI computing continues to surge.
British AI cloud provider Nscale has filed for a New York IPO after revenue surged 1,252% to $140.6 million in the first half of 2026. The 'neocloud' is targeting a multibillion-dollar listing that could value it around $30 billion.
Carpenter Technology is back in investor focus as unprecedented aerospace backlogs, energy infrastructure growth, and demand for precision magnetic alloys propel specialty materials to multi-year highs.
Amazon has struck a major AI-chip partnership with Qualcomm that could involve up to $60 billion in data-center products, as the two companies develop custom silicon and high-speed connectivity technology for next-generation AI infrastructure.
Chipmaker Altera is preparing for a major IPO that could raise more than $2 billion, potentially becoming one of the largest semiconductor listings in recent years as investor demand for AI and advanced computing companies remains strong.
Nvidia expects another massive year of growth as global demand for AI computing continues to surge, with the chip giant forecasting roughly 70% revenue growth in its next fiscal year.
Chinese AI company Z.AI has launched a massive $5 billion fundraising push through new shares and convertible bonds as it races to expand computing infrastructure, AI research and global operations.
Nvidia is reportedly in talks to invest as much as $10 billion in Anthropic’s planned mega IPO, potentially becoming a major anchor investor in an offering that could value the Claude maker at around $2 trillion.
Apple is expected to unveil major new iPhone hardware today, with the iPhone 18 Pro lineup and a long-awaited foldable iPhone potentially taking center stage at the company’s September 9 launch event.
DeepSeek is reportedly planning a massive AI computing cluster powered by at least 160,000 Huawei chips, marking a major push toward Chinese-made AI infrastructure and reduced reliance on Nvidia.
OpenAI has launched GPT-6 Astra, its most capable AI model yet, bringing major improvements in coding, research, computer use, cybersecurity, and complex multi-step tasks. The model is beginning a phased rollout across ChatGPT and OpenAI’s API.
Meta Platforms is reportedly discussing a possible settlement with U.S. states in a major lawsuit accusing Facebook and Instagram of deliberately designing addictive features that harm young users.
Indian AI startup Runable has raised $21 million in a Series A round to expand its AI agent platform from building websites and apps to helping small businesses attract customers and grow.
WiseTech Global shares plunged more than 10% after the logistics software company reported an annual profit below market expectations, with acquisition and amortization costs from e2open weighing on earnings.
Huawei and HP have signed a patent licensing agreement covering Wi-Fi 7 technology, marking a significant development in the adoption of next-generation wireless connectivity and intellectual property licensing.
MiniMax has reported a 283% jump in revenue as demand for affordable AI models continues to surge, highlighting the growing market for lower-cost artificial intelligence solutions.
China’s Moonshot AI is reportedly in talks with Microsoft, Amazon and Google to bring its Kimi K3 model to Azure, AWS and Google Cloud, potentially creating a major commercial link between a Chinese AI company and leading U.S. cloud providers.
Meta reportedly explored shrinking some teams by as much as 60% as part of an ambitious AI-driven restructuring, but internal resistance and questions about AI productivity led the company to abandon a planned second wave.