Breaking News: Technology
Oracle’s TikTok stake sits at just over $2 billion, filing shows
Sopa Images | Lightrocket | Getty Images Almost two months after TikTok’s U.S. operations officially landed in the hands of a group of investors, Oracle disclosed its stake in the joint venture at roughly $2 billion. In its quarterly financial filing on Wednesday, Oracle said it recorded “non-marketable debt investments and equity securities and related […]
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Microsoft plans to ship prototype of next Xbox console to developers in 2027
Fairgoers play at the Xbox booth at the Cologne Trade Fair Center during the opening day of Gamescom 2025 in Cologne, Germany, on August 20, 2025. Ying Tang | Nurphoto | Getty Images Microsoft said Wednesday that it will send video game developers prototypes of its next-generation Xbox console in 2027, as the company tries […]
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Revolut acquires full UK banking license after years-long wait
Fintech Revolut has finally acquired a full U.K. banking license after a years-long wait, unlocking its ability to offer a new range of products in the country, including lending. The startup, which hit a $75 billion valuation in 2025 and is one of Europe’s most valuable private tech companies, will be able to start offering […]
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Oracle stock spikes 12% as strong Q3 earnings answer Wall Street AI buildout concerns
A trader on the floor of the New York Stock Exchange on April 10, 2025. NYSE Oracle shares rose 12% Wednesday after the company posted robust third-quarter earnings and assured analysts that the company does not plan to raise any additional debt in 2026 beyond what was already announced. “Investing in AI infrastructure is capital-intensive, […]
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Meta rolls out in-house AI chips weeks after massive Nvidia, AMD deals
Meta’s 5-gigawatt Hyperion data center under construction in Richland Parish, Louisiana, Jan. 9, 2026. Courtesy of Meta Meta on Wednesday revealed four custom, in-house chips tailored for artificial intelligence-related tasks as part of the company’s massive data center expansion plans. The specialized silicon is part of the Meta Training and Inference Accelerator, or MTIA, family […]
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Nebius stock pops 10% on Nvidia $2 billion investment announcement
Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographer: Bridget Bennett/Bloomberg via Getty Images Bloomberg […]
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How the Iran war could impact hyperscalers’ massive AI buildout in the Middle East
Tech companies have been funnelling billions of dollars into AI infrastructure projects in the Middle East over the past few years, drawn in by cheap and readily available energy and land, alongside local government support. But the Iran war spilling over into neighbouring countries in the Middle East throws questions over the future of the […]
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Amazon’s Zoox partners with Uber to reach more robotaxi riders — first in Las Vegas, then LA
A Zoox robotaxi is seen driving on Nov. 19, 2025 in San Francisco, California. Justin Sullivan | Getty Images Amazon‘s Zoox is making its toaster-shaped self-driving vehicles available through the Uber app in Las Vegas starting this summer, the latest sign of momentum in the nascent but fast-growing robotaxi market. As part of a multiyear […]
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Powering AI: Europe switches on its first microgrid-connected data center
A CGI image of what the complete microgrid-connected AVK and Pure DC facility will look like in Dublin, Ireland. (Photo: Pure Data Centres Group) (Photo: Pure Data Centres Group) Just outside Ireland’s capital, Dublin, a data center has become the first in Europe to turn to an independent, so-called “islanded,” microgrid to keep its servers […]
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Anduril expands into space as defense tech angles to support Trump’s Golden Dome
Palmer Luckey, founder of Anduril Industries, during a Bloomberg Tech interview at Anduril’s headquarters in Costa Mesa, California, Oct. 10, 2025. Kyle Grillot | Bloomberg | Getty Images Anduril acquired missile tracking and intelligence firm ExoAnalytic Solutions as it extends its reach into U.S. defense interests in space, the company announced on Wednesday. Through the […]
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