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Technology



Aletheia lifts TSMC price target to record $600 on AI demand

Aletheia Capital has raised its price target on Taiwan Semiconductor Manufacturing Company to $600 from $500, marking the highest forecast on Wall Street while maintaining a buy rating on the stock. The firm also increased its target for Taipei listed shares to 3,000 TWD, applying forward price to earnings......

Snap and Qualcomm sign multi year deal to power AR glasses

Snap Inc. and Qualcomm have signed a multi year partnership to equip Snap’s upcoming augmented reality glasses with Snapdragon chips, as the company prepares to launch a consumer version of its devices later in 2026. The agreement builds on more than five years of collaboration between the two......

xAI CFO leaves after six months amid executive exodus

Anthony Armstrong, appointed xAI CFO in October 2025, left Elon Musk's AI firm after about six months, The Information reported Thursday citing two sources familiar. Armstrong, a former banker who advised Musk on his $44 billion Twitter buyout, oversaw finances for xAI and social media platform X.......

Spacex begins equipment installation in texas chip facility, targets year-end production

SpaceX has begun installing equipment at its advanced semiconductor packaging facility in Texas, marking a key step toward bringing part of its chip production process in-house, according to sources familiar with the project. The facility, located in Bastrop, is expected to focus on packaging radio......

MIT engineers silent artificial muscle fibers for robots

Researchers at MIT Media Lab and Italy's Politecnico di Bari developed a new class of artificial muscle fibers that operate silently without motors, external pumps or bulky hydraulic gear. The advance could reshape robot movement and portable assistive device design. The technology, called electrofluidic......

Google rolls out AI-powered Finance platform to over 100 countries

Google has expanded its redesigned Finance platform to more than 100 countries, marking the largest global rollout of the product since its relaunch last year and signaling a broader push to integrate artificial intelligence into consumer financial tools. The update brings full local language support......

Intel and Google expand multi-year partnership on AI infrastructure

Intel and Google have announced a multi-year collaboration to advance artificial intelligence and cloud infrastructure, strengthening a long-standing relationship as demand for high-performance computing continues to grow. Under the agreement, Intel’s Xeon processors will remain a core component......

Big Tech workforce stalls despite over 100,000 layoffs since 2022

Employment growth across major US technology companies has slowed sharply since the end of the pandemic hiring surge, even as layoffs continue and investment in artificial intelligence accelerates. An analysis by Business Insider shows that Amazon, Microsoft, Meta, Alphabet, and Apple collectively added......

CoreWeave expands Meta AI cloud deal to $21 billion through 2032

CoreWeave and Meta have expanded their artificial intelligence cloud partnership to an estimated $21 billion, extending their agreement through December 2032 and reinforcing one of the largest infrastructure deals in the AI sector. The announcement, disclosed in a regulatory filing and company statement,......

Pentagon shake-up boosts opportunities for smaller AI companies

Small U.S. defense-focused artificial intelligence startups are seeing a surge of attention from military officials and investors following the Pentagon’s split with Anthropic. The move has highlighted the need for the Department of Defense to diversify its AI suppliers and reduce reliance on a......

Morocco launches digital program to modernize handicrafts sector

Morocco has introduced a national program to accelerate the digital transformation of its handicrafts sector, aiming to improve competitiveness and expand market access for artisans. The initiative was announced in Rabat by Lahcen Essaadi during GITEX Africa 2026 in Marrakech. It forms part of a broader......

Anthropic revenue tops $30 billion as tpu deal expands capacity

Anthropic said its annualized revenue has surpassed $30 billion, marking a sharp acceleration from about $9 billion at the end of 2025 and roughly $19 billion in late February. The company also reported that the number of enterprise clients spending more than $1 million annually has doubled to over 1,000. The......

Apple shares slide on foldable iPhone delays and App Store growth concerns

Apple shares fell sharply on Tuesday, weighed down by a report citing technical setbacks affecting the company's first foldable iPhone and fresh analyst data pointing to a slowdown in App Store revenue growth. The stock ranked among the weakest performers on the Dow Jones Industrial Average during......

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