Latest Technology News and Reviews

Celestial AI raises $250 million as it looks to speed up links between AI chips

Celestial AI, one of several Silicon Valley chip startups aiming to crack a key speed constraint in artificial intelligence, said on Tuesday it has raised an additional $250 million in venture capital, bringing its total raised to date to $515 million. Celestial AI is tapping photonics - a technology that uses light, rather than electrical signals - to create speedy links between AI computing chips and memory chips. The speed of that connection, a measure called memory bandwidth, has become so central to advancing AI systems that it is one of the factors that determine whether a chip is subject to U.S. government export controls such as those designed to limit China's AI advances.

Exclusive: Cartesia, voice AI startup, raises $64 million Series A

Cartesia has raised a $64 million Series A led by Kleiner Perkins, Fortune has exclusively learned.

Morning Bid: Wall Street's epic swoon wipes out Trump bump

Wall St's withering stock selloff has now wiped out virtually all post-election gains and risks turning into a momentum-driven rout unless there's some change in the darkening economic picture or the uncertain U.S. government trade policy stance. While watching this jarring picture unfold in U.S. markets, I'm taking a look today at the European defense spending reboot and the extent to which it may seed another round of joint borrowing by European Union countries. Today's Market Minute * President Donald Trump’s tariffs have spooked investors,with fears of an economic downturn driving a stock marketsell-off that has wiped out $4 trillion from the S&P 500’s peaklast month.

Tesla’s next comeback story starts today: Morning Brief

Tesla's allure as the original meme stock is its seemingly infinite comeback stories.

IT Services & Other Tech Q4 Earnings: Applied Digital (NASDAQ:APLD) is the Best in the Biz

Looking back on it services & other tech stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Applied Digital (NASDAQ:APLD) and its peers.

Oracle exec signals all-in AI agent strategy as competition heats up

The software giant is among several enterprise software companies that have begun rolling out products leveraging the nascent technology.

Trump's DOJ wants a Google breakup but is willing to leave AI alone

President Trump and his predecessor Joe Biden now largely agree on a major question that has the potential to reshape the tech world: Google should be broken up. Where they differ is what the tech giant should do with its AI investments.

VinFast plans to install EV charging stations across Indonesia, minister says

JAKARTA (Reuters) -Indonesia's investment minister said that Vietnamese electric vehicle maker VinFast planned to install as many as 100,000 charging stations across the country, after President Prabowo Subianto met company representatives on Tuesday. Minister Rosan Roeslani also said VinFast's factory in West Java province would start operations next year, with a production capacity of 50,000 units a year. Company executives declined to speak to the press after meeting Prabowo.

China’s Full Truck Alliance Prepares for First Step Beyond Home

(Bloomberg) -- Full Truck Alliance Co. is preparing to expand into Central Asia after getting its wings clipped by domestic regulators a few years ago, joining a growing number of Chinese tech companies seeking new markets abroad. Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio +

China's Xpeng may invest up to $13.8 billion in humanoid robots, state media reports

Chinese electric vehicle maker Xpeng sees humanoid robots as a long-term project and is considering large investments that could go up to 100 billion yuan ($13.80 billion), state media reported its CEO as saying on Monday. CEO He Xiaopeng said on the sidelines of the annual parliamentary session that while the company's current investment could be considered conservative given how it was in the early stages of entering the sector, it was ready to invest much more, the Securities Times reported. "Xpeng has been working in the humanoid robot industry for five years, may continue to be in the business for another 20 years, invest additional 50 billion yuan and even 100 billion yuan," He said, without disclosing the company's current investment.

Solar accounted for 84% of new US power added in 2024, report says

The country installed 50 gigawatts (GW) of new solar capacity in 2024, the Solar Energy Industries Association (SEIA) and Wood Mackenzie groups said in the report, adding that 2024 was largest single year of growth by any energy technology in over two decades. The solar industry was a major beneficiary of subsidies contained in former President Joe Biden's landmark 2022 climate change law, the Inflation Reduction Act (IRA).

Security Startup Chainguard Raising Funds at $3.5 Billion Value

(Bloomberg) -- Venture capital firm Kleiner Perkins is in talks to lead a funding round of $350 million for cybersecurity startup Chainguard Inc., according to people familiar with the matter, lifting its valuation to $3.5 billion.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio +

Panama Canal weighs pipeline to move gas, with eye on Asian clients

The Panama Canal is exploring the construction of a pipeline to move liquefied petroleum gas (LPG) across the trade passage, canal administrator Ricaurte Vasquez said on Monday, with Japan seen as a top potential client for gas coming from the U.S. Japan is one of the world's largest LPG customers, using the fuel for domestic and industrial use. "Meeting the needs for growing volumes (of gas) through Panama is of the highest priority, but also of the highest complexity," Vasquez said.

Oil edges higher, but recession fears and tariffs limit gains

Oil prices edged higher on Tuesday, helped by weakness in the dollar, although gains were capped as concerns mounted over a U.S. slowdown and the impact of tariffs on global economic growth. Brent crude futures were 36 cents, or 0.5%, higher at $69.64 a barrel by 1:01 p.m. EDT (1701 GMT) after falling as low as $68.63 in early trade. Oil prices, however, pared back some gains after U.S. President Donald Trump said on Tuesday he had instructed his commerce secretary to add an additional 25% tariff on all steel and aluminum imports from Canada, bringing the total tariff on those products to 50%.

Woodside investment decision on Louisiana LNG may slip into Q2, says CEO

HOUSTON (Reuters) -Australia's Woodside LNG may push a final investment decision on its Louisiana liquefied natural gas (LNG) plant into the second quarter of 2025 as talks to sell half of the project drag on, CEO Meg O'Neill told Reuters on Monday. Woodside wants to sell as much as 50% of the project. "We want to make sure we have confidence in the partners and that we have an adequate sell down," O'Neill said in an interview on the sidelines of an energy conference in Houston.

Startups Starting to Compete With Big Tech for India AI Talent

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroElectric Construction Equipment Promises a Quiet RevolutionFleet manage

Commonwealth LNG sees new interest after securing export license

Commonwealth LNG has seen an increase in interest from prospective buyers since it secured an export license from the administration of U.S. President Donald Trump last month, the project's owner said on Monday. The U.S. Department of Energy granted an LNG export license to the Commonwealth LNG project in Louisiana in February, the first approval of LNG exports after former President Joe Biden paused them early last year for environmental review. "The...approval took a lot of risks off the table for the buyers and that's something we have been waiting for for over two years," Ben Dell, Managing Partner of energy management company Kimmeridge, told Reuters on the sidelines of the CERAWeek energy conference in Houston.

Buyout Firms Circle Italian Software Developer Namirial

(Bloomberg) -- Several private equity firms have expressed interest in acquiring Italian software developer Namirial SpA, which could be valued at about €900 million ($976 million) in a deal, according to people familiar with the matter.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofi

How pharmaceutical companies are training their workers on AI

Seeking more efficient drug development, pharmaceutical giants and startups are encouraging AI fluency and in some cases offering training for it.

Gasoline shippers clash with Colonial Pipeline on proposed changes to terms

At least four U.S. gasoline marketers are preparing legal and regulatory challenges to the Colonial Pipeline over proposed changes in fuel shipping terms which the companies say will hurt their margins and drive up fuel prices at the pump, sources familiar with the discussions said. The Colonial Pipeline is a key artery for shipping fuel from the U.S. Gulf Coast to the East Coast, where refining capacity has shrunk and pipeline shipments are the most cost-effective way to meet regional demand. Colonial last week sought approval from the Federal Energy Regulatory Commission to stop shipping different gasoline grades at the same time, and to eliminate shipments of so-called Grade 5 gasoline.

US LNG exporters seek to renegotiate deals to cover rising costs

Several U.S. LNG producers are trying to renegotiate higher prices with buyers as a result of rising construction, labor and borrowing costs, according to sources and company statements reviewed by Reuters. Higher prices would eat into the competitive advantage of U.S. liquefied natural gas on the global market, at a time U.S. President Donald Trump is seeking to expand the industry – already the world's largest. "The competitiveness of U.S. LNG could face a double whammy," said Alex Munton, director of global gas and LNG research at consulting firm Rapidan Energy Group.

ServiceNow to Buy AI Startup Moveworks for Nearly $3 Billion

(Bloomberg) -- ServiceNow Inc. has agreed to buy artificial intelligence firm Moveworks for $2.85 billion as part of its push into AI tools that can complete tasks without human supervision.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroElectric Construction Equipment Pro

‘Arms Race’ for AI-Driven Oil Trading Is Underway, Vitol Says

(Bloomberg) -- The expansion of artificial intelligence capabilities will augment the already significant algorithmic trading in oil futures markets, Vitol Group Chief Executive Officer Russell Hardy said.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroElectric Constructio

What to know about TikTok’s uncertain future in the US and the people who want to buy it

TikTok, owned by the Chinese company ByteDance, has been at the center of controversy in the U.S. for four years now due to concerns about user data potentially being accessed by the Chinese government. Just this past month, the app experienced a temporary outage in the U.S. that left millions of users in suspense before it was quickly restored. TikTok returned to the App Store and Google Play Store last month. Nonetheless, TikTok's future remains uncertain, and a number of investors are competi

Rebuilding Ukraine steel capacity hinges on security guarantees, Metinvest CEO says

The head of Ukrainian steel giant Metinvest told Reuters that rebuilding its heavily war-damaged operations will hinge on the robustness of U.S. and European security guarantees in any ceasefire deal with Russia. Yuriy Ryzhenkov, Metinvest's chief executive, said the company planned to keep its production close to 2024 levels and push ahead with projects to increase its energy independence. But its bigger plans, including the repair of some of the huge blast furnaces vital to the Ukraine's steel sector, will have to wait.

Tesla stock is still a sell after its 40% plunge, UBS warns

Downside risk remains the name of the game for Tesla, says UBS.

Chevron CEO urges lasting US energy policy, not extreme swings

HOUSTON (Reuters) -Chevron would like to see durability in U.S. energy policy rather than swings from one extreme to another, CEO Mike Wirth said on Monday. U.S. President Donald Trump's first weeks in office during his second term have been marked by a rapid overhaul of government and the reversal of many of the energy policies of the previous administration. Policy reversals have had a direct impact on Chevron.

AvatarOS snags $7M seed round from M13 to build an AI-powered virtual influencer platform

A few years ago, several startups with a specific focus on digital avatars appeared because of all the metaverse buzz. While that buzz died down, generative AI has given a new life to avatars as it is easier to spin up different virtual identities. Companies are trying out different use cases for avatars, including D-ID and Synthesia in the enterprise space, Zoom for meetings, Glance for fashion, Praktika for learning, and TikTok and Captions in the creator space. However, Isaac Bratzel, who cre

Baker Hughes says oil producers unlikely to increase spending this year

U.S. oil and gas producers are unlikely to increase spending this year and output increases will primarily come from improved efficiencies rather than new drilling, Baker Hughes Chief Executive Lorenzo Simonelli said on Monday. The outlook comes as U.S. President Donald Trump's administration has repeatedly exhorted the industry to "Drill, baby, drill," to maximize oil and gas production and reduce consumer energy costs. Still, oil prices have fallen this year and many producers remain focused on capital discipline over uninhibited drilling.

Rocket to Buy Real Estate Broker Redfin for $1.75 Billion

(Bloomberg) -- Rocket Cos. is pushing deeper into the property market with a deal to buy Redfin Corp. that values the real estate listing site at $1.75 billion. Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroElectric Construction Equipment Promises a Quiet RevolutionThe D

This tech index just broke a big streak as members like Amazon, Nvidia, and Tesla keep dropping

The tech sell-off gains momentum.

CERAWEEK-Canada could boost oil supplies to US, but also needs new markets, Alberta premier says

(Reuters) -Alberta Premier Danielle Smith said on Monday that the Canadian province would continue to supply crude oil to the United States but that U.S. President Donald Trump's tariff threats also underscored the need for new markets. She said U.S. tariffs currently do not apply to Canadian crude oil, but that producers were being required to fill out paperwork to prove their supplies are in compliance. Canada could increase its oil pipeline export capacity to the U.S. by 2 million barrels per day, Alberta's premier added.

What is quantum computing and how it could change the tech world

Quantum computing is gaining steam among Big Tech companies. Here's what the technology is and what it means for the future.

Morning Bid: Trump chaos pushes central banks into shadows

Morning Bid U.S. If markets believed Donald Trump would pause his disruptive economic plans at the first sight of a growth downturn or a stock market tantrum, they may have to think again. Although Commerce Secretary Howard Lutnick flatly ruled out a recession in an interview on Sunday, the President declined to make a prediction either way and insisted some turbulence was inevitable.

Deliveroo Exits Hong Kong Under Pressure From Meituan’s App

(Bloomberg) -- Deliveroo Plc will close its Hong Kong business after weak sales and mounting competition in the city weighed on the company’s international division. Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroElectric Construction Equipment Promises a Quiet Revolution

Q4 Vertical Software Earnings Review: First Prize Goes to Guidewire (NYSE:GWRE)

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at vertical software stocks, starting with Guidewire (NYSE:GWRE).

The surprising truth about low performers

Studies show that firing low performing employees doesn't "raise the bar" — it actually lowers performance

TSMC’s Sales Quicken in First Two Months in Upbeat Note for AI

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s revenue climbed 39% in the first two months, quickening from 2024 in a sign of resilient demand for the Nvidia Corp. chips that power AI development.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroElectric Constructio

Xpeng Shares Jump on Plans to Make Flying Cars, Humanoid Robots

(Bloomberg) -- Xpeng Inc. shares rose after the company’s chairman said it plans to start mass production of its flying car model and industrial robots by 2026.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroElectric Construction Equipment Promises a Quiet RevolutionThe el

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Wall Street's souring view on the US stock market isn't just about the economy — it's about AI too

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Ron Baron's firm sold some Tesla shares — but he plans to keep his

Sequoia Partner on Murati’s AI Startup: “We’re Talking to Her”

Wall Street's souring view on the US stock market isn't just about the economy — it's about AI too

Why 1 'Magnificent 7' stock hasn't gotten crushed

Amazon stock is trading cheaply on 1 valuation metric after broader stock market rout

Tesla’s next comeback story starts today: Morning Brief

Trump's DOJ wants a Google breakup but is willing to leave AI alone

Tesla stock is still a sell after its 40% plunge, UBS warns

This tech index just broke a big streak as members like Amazon, Nvidia, and Tesla keep dropping

What is quantum computing and how it could change the tech world

HPE stock crashes as CEO weighs in on job cuts, earnings miss, and DOGE

Big Tech antitrust fights face a new uncertainty: Trump

Alphabet’s Waymo to Offer Self-Driving Rides in Silicon Valley

Musk's Starlink and Bharti Airtel sign deal to explore bringing satellite internet to India

TotalEnergies CEO says LNG prices will soften by end of decade

Oracle Reports Lackluster Results, Damping Cloud Enthusiasm

Why 1 'Magnificent 7' stock hasn't gotten crushed

Amazon stock is trading cheaply on 1 valuation metric after broader stock market rout

Celestial AI raises $250 million as it looks to speed up links between AI chips

Exclusive: Cartesia, voice AI startup, raises $64 million Series A

Morning Bid: Wall Street's epic swoon wipes out Trump bump

Tesla’s next comeback story starts today: Morning Brief

IT Services & Other Tech Q4 Earnings: Applied Digital (NASDAQ:APLD) is the Best in the Biz

Oracle exec signals all-in AI agent strategy as competition heats up

Trump's DOJ wants a Google breakup but is willing to leave AI alone

VinFast plans to install EV charging stations across Indonesia, minister says

China’s Full Truck Alliance Prepares for First Step Beyond Home

China's Xpeng may invest up to $13.8 billion in humanoid robots, state media reports

Solar accounted for 84% of new US power added in 2024, report says

Security Startup Chainguard Raising Funds at $3.5 Billion Value

Panama Canal weighs pipeline to move gas, with eye on Asian clients

Oil edges higher, but recession fears and tariffs limit gains

Woodside investment decision on Louisiana LNG may slip into Q2, says CEO

Startups Starting to Compete With Big Tech for India AI Talent

Commonwealth LNG sees new interest after securing export license

Buyout Firms Circle Italian Software Developer Namirial

How pharmaceutical companies are training their workers on AI

Gasoline shippers clash with Colonial Pipeline on proposed changes to terms

US LNG exporters seek to renegotiate deals to cover rising costs

ServiceNow to Buy AI Startup Moveworks for Nearly $3 Billion

‘Arms Race’ for AI-Driven Oil Trading Is Underway, Vitol Says

What to know about TikTok’s uncertain future in the US and the people who want to buy it

Rebuilding Ukraine steel capacity hinges on security guarantees, Metinvest CEO says

Tesla stock is still a sell after its 40% plunge, UBS warns

Chevron CEO urges lasting US energy policy, not extreme swings

AvatarOS snags $7M seed round from M13 to build an AI-powered virtual influencer platform

Baker Hughes says oil producers unlikely to increase spending this year

Rocket to Buy Real Estate Broker Redfin for $1.75 Billion

This tech index just broke a big streak as members like Amazon, Nvidia, and Tesla keep dropping

CERAWEEK-Canada could boost oil supplies to US, but also needs new markets, Alberta premier says

What is quantum computing and how it could change the tech world

Morning Bid: Trump chaos pushes central banks into shadows

Deliveroo Exits Hong Kong Under Pressure From Meituan’s App

Q4 Vertical Software Earnings Review: First Prize Goes to Guidewire (NYSE:GWRE)

The surprising truth about low performers

TSMC’s Sales Quicken in First Two Months in Upbeat Note for AI

Xpeng Shares Jump on Plans to Make Flying Cars, Humanoid Robots