Tech

Honeywell's Quantinuum raises $1.68 billion in U.S. IPO as quantum computing heats up, Reuters reports

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Honeywell's Quantinuum raises $1.68 billion in U.S. IPO as quantum computing heats up, Reuters reports

Honeywell's Quantinuum said on Wednesday it had raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece.

3 months ago

tech

CrowdStrike is a buy, just not yet. Here's why

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CrowdStrike is a buy, just not yet. Here's why

On top of the beat-and-raise, CrowdStrike announced a 4-for-1 stock split. But short-term thinkers sold the stock.

3 months ago

tech

Seattle, home to Amazon and Microsoft, poised to pass moratorium on new datacenters

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Seattle, home to Amazon and Microsoft, poised to pass moratorium on new datacenters

Measure expected to succeed next week represents major rebuke to big tech as local disquiet over AI boom grows

3 months ago

tech

Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers

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Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers

Amazon engineers called out their employer for conducting mass layoffs while it commits to spending $200 billion this year on AI infrastructure.

3 months ago

tech

Why we're raising our price target on Broadcom despite its post-earnings sell-off

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Why we're raising our price target on Broadcom despite its post-earnings sell-off

Broadcom's AI business will continue to shine and outpace the conservative forecast.

3 months ago

tech

SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire

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SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire

IPO could raise up to $75bn, giving SpaceX market value of $1.75tn as it sets up Musk for extraordinary wealth

3 months ago

tech

NASA declares end of mission for long-lasting Mars orbiter

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NASA declares end of mission for long-lasting Mars orbiter

As it passed behind Mars six months ago, NASA's MAVEN probe was still working normally, studying how the solar wind impacts the Martian atmosphere. But during that 20- to 30-minute pass behind the red planet, out of contact with Earth, something went wrong, and the spacecraft has not been heard from since.

3 months ago

tech

CrowdStrike narrowly beats estimates on AI tailwinds, but stock falls 10%

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CrowdStrike narrowly beats estimates on AI tailwinds, but stock falls 10%

CrowdStrike shares have rallied nearly 60% this year on skyrocketing demand for cybersecurity in the age of advanced artificial intelligence.

3 months ago

tech

Hidden beneath AI chips, Chinese-made circuit boards raise national security concerns in U.S.

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Hidden beneath AI chips, Chinese-made circuit boards raise national security concerns in U.S.

With demand booming for printed circuit boards, the U.S. government is trying to boost domestic production to move away from reliance on China.

3 months ago

tech

Wim Wenders withdraws 1975 film featuring 13-year-old Nastassja Kinski topless

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Wim Wenders withdraws 1975 film featuring 13-year-old Nastassja Kinski topless

German director says he recognises actor should have been better protected during filming of Wrong Move

3 months ago

tech

Broadcom earnings could breathe new life into the chip rally

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Broadcom earnings could breathe new life into the chip rally

Analysts are eyeing custom artificial intelligence chip demand.

3 months ago

tech

Someone Finally Wants to Hire Philosophers

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Someone Finally Wants to Hire Philosophers

Silicon Valley is turning to ethicists to shape the future of AI.

3 months ago

tech