The U.S. Department of Defense has awarded Oracle a contract worth nearly $7 billion over ten years covering software licenses, maintenance, and consulting for military branches, the intelligence community, and the Coast Guard.
AMD and Anthropic have announced a strategic partnership to deploy up to 2 gigawatts of AMD Instinct MI450 Series GPUs in AMD Helios rack-scale solutions, with the first gigawatt deployment beginning in the first...
OpenAI and Broadcom have unveiled Jalapeño, OpenAI's first custom AI accelerator chip designed specifically for large language model inference.
SpaceX shares are expected to begin trading around $171 on Nasdaq, nearly 29% above the company’s IPO price of $135 per share.
LG Group and NVIDIA have formalized a broad strategic partnership spanning physical AI and robotics, AI data center infrastructure, and autonomous driving systems.
Snowflake shares jumped 35% after the company raised guidance, beat earnings expectations, and announced a $6 billion compute partnership with Amazon.
Cerebras Systems completed the largest U.S. tech IPO since Uber, raising $5.55 billion as investors bet on alternative AI chip architectures. The company’s wafer-scale processors are positioned as faster inference systems than traditional GPU-based...
Cisco announces 4,000 job cuts as the company shifts resources toward AI networking, cloud infrastructure, and data center growth.
Alphabet plans its first yen-denominated bond sale as Big Tech increasingly turns to debt markets to finance AI infrastructure.
Nvidia partners with Corning to expand U.S. optical fiber manufacturing, scaling AI data center infrastructure and domestic production capacity.
Intel stock surges to record as Apple explores U.S. chip production, highlighting AI-driven demand and renewed momentum in the semiconductor sector.
NXP Semiconductors shares jumped 26% after strong earnings driven by AI and automotive demand. The company highlighted rising data center infrastructure needs.