Breaking News: Technology
- California's Ro Khanna faces Silicon Valley backlash after embracing wealth tax - A proposal to tax California billionaires at 5% of their wealth could land on the California ballot in November.
- DigitalBridge shares jump 50% after report SoftBank is in talks to acquire firm - The premarket move comes shortly after Bloomberg reported Japan's SoftBank was in advanced talks to acquire the data center investment firm.
- China to crack down on AI chatbots around suicide, gambling - The proposed rules come as Chinese artificial intelligence chatbot startups Minimax and Z.ai have this month filed for Hong Kong IPOs.
- From data center spas to servers in space: How the energy crunch is reshaping cloud computing - Data centre developers and designers are starting to get creative.
- One year on from the UK's grand AI plan: Has its infrastructure buildout been a success? - Hefty financial commitments from tech giants are positive signals, but big challenges remain for the U.K. to fulfil its ambitions.
- Europe at 'fork in the road' between AI competition and climate: fund managers - As power-hungry infrastructure scales and demand for electricity surges, friction between competition and climate goals becomes harder to ignore.
- New NASA boss Isaacman says U.S. will return to the moon within Trump's term - New NASA administrator Jared Isaacman said that the U.S.'s return to the moon is key to unlocking the "orbital economy."
- Nvidia-Groq deal is structured to keep 'fiction of competition alive,' analyst says - Groq's description of its Nvidia deal as a "non-exclusive licensing agreement" mimics other recent big AI transactions orchestrated by U.S. tech giants.
- Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI buildout - Investors want to know if Oracle, under new CEOs Clay Magouyrk and Mike Sicilia, can pay for and deliver data centers packed with Nvidia chips for OpenAI.
- Monetizers vs manufacturers: How the AI market could splinter in 2026 - AI infrastructure firms are set to win from the evolution of once asset-light Big Tech firms.