Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Uber's Lucid Stake Signals Major Robotaxi Ambitions
Uber Technologies has taken a significant 11.5% passive stake in Lucid Group, solidifying a major robotaxi supply agreement. The partnership includes a $500 million investment and an order for at least 35,000 autonomous vehicles.
Axe Compute Lands $260M Nvidia GPU Deal, Pivots to AI Infrastructure
Axe Compute announced a landmark $260 million, 36-month agreement to supply 2,304 Nvidia B300 GPUs to an undisclosed enterprise customer, with deployment starting Q3 2026. The deal comes as the company, which reported only $125,284 in 2025 revenue from its legacy business, seeks to establish itself in the competitive AI infrastructure market.
SoundHound AI Gains on $43M LivePerson Acquisition Deal
SoundHound AI shares advanced in premarket trading following its proposed $43 million all-stock acquisition of LivePerson. The deal aims to merge their customer service platforms and target significant revenue growth by 2027.
POET Technologies Stock Surges on Tax Clarity and Marvell Order Progress
POET Technologies stock extended its rally after management clarified tax status and confirmed a Marvell order, shifting focus to its optical engine business for AI networks.
Ondas Secures $10M Israeli Demining Contract, Defense Backlog Nears $80M
Ondas Holdings announced its 4M Defense subsidiary received a $10 million initial order for a demining project tied to Israel's border security barrier. The company's two active demining programs are now valued at roughly $80 million.
NVIDIA Stock Dips on Google's AI Chip Ambitions, Inference Market in Focus
NVIDIA shares declined Tuesday following reports that Google is negotiating with Marvell Technology on new AI processors, signaling major cloud providers' efforts to reduce reliance on NVDA's dominant hardware. The stock drop trimmed NVIDIA's market capitalization to approximately $4.53 trillion.
Citi Wealth Partners with Advyzon for Global Unified Managed Account Platform
Citi Wealth is teaming up with technology provider Advyzon to introduce a worldwide unified managed account platform starting in late 2026. The system will consolidate various investment vehicles, including alternatives, into single accounts.
Lilly's $7B Kelonia Buy Targets In Vivo CAR-T Cancer Therapy
Eli Lilly will purchase Kelonia Therapeutics in a deal worth up to $7 billion, gaining an in vivo CAR-T therapy currently in Phase 1 trials for multiple myeloma.
POET Technologies Surges on Tax Resolution and Strategic Shift
POET Technologies shares jumped significantly for a second consecutive session following clarity on U.S. shareholder tax status and a proposed corporate relocation. The optical interconnect specialist also reported a major production order and new AI partnership.
Rocket Lab Gains on Analyst Upgrades and Defense Budget Focus
Rocket Lab shares advanced Tuesday following analyst price target increases and details of Pentagon space defense spending in the 2027 budget request. The company recently closed a key acquisition and holds a backlog exceeding $2 billion.
Amazon Deepens Anthropic Ties with Billions in New AI Investment
Amazon is injecting up to $25 billion in additional capital into AI developer Anthropic, which has pledged to spend over $100 billion on AWS over the next decade. The deal includes a massive commitment to Amazon's custom Trainium AI chips.
Palantir Shares in Focus as Pentagon Budget Looms, AI Defense Contracts in Play
Palantir Technologies shares are under scrutiny ahead of the Pentagon's fiscal 2027 budget details, with investors eyeing potential gains from a massive defense request and key AI system adoption.