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Chipmaker Shares Soar in H1 2026 Amid AI Hardware Demand Surge

Chipmaker shares have surged in H1 2026, driven by AI hardware demand, with some stocks tripling and Asia Pacific markets soaring.

4 min read

Apple Raises MacBook and iPad Prices by Nearly 20% Amid Chip Cost Surge

Apple has raised prices on MacBooks and iPads by nearly 20% due to soaring memory and storage chip costs driven by AI demand, affecting the wider tech industry.

4 min read

Person's hands holding an iPad on a table.

Anthropic Alleges Alibaba Illicitly Extracted AI Model Capabilities

Anthropic accuses Alibaba of illicitly extracting its Claude AI model's capabilities through nearly 29 million interactions using fraudulent accounts, urging US Congress to act against such attacks.

3 min read

Dario Amodei, co-founder and chief executive officer of Anthropic, speaking during an interview in a room decorated with plants

Meta Pauses Employee Tracking Program for AI Training Amid Privacy Concerns

Meta has paused its employee computer usage tracking program for AI training after privacy concerns and internal backlash, amid broader dissatisfaction linked to layoffs and AI-focused reorganizations.

3 min read

Mark Zuckerberg, wearing a white collared shirt while sitting in a crowd at the recent UFC event at the White House.

Tech Stocks Slide Amid Doubts Over AI Spending Sustainability

Tech stocks fell sharply amid doubts about the sustainability of AI-driven market valuations. The Nasdaq dropped 2%, chipmakers declined, and SpaceX shares showed volatility post-IPO. Analysts remain divided on whether this is a pause or a larger tech market retreat.

3 min read

In the left corner, a bald male trader, and a woman with auburn hair, also a trader, in the middle, holding a pen and writing into a notebook, on the floor of the New York Stock Exchange.

Valve Launches Steam Machine at £879 Amid Rising Component Costs

Valve launches the Steam Machine at £879, citing rising hardware costs. Prices reflect increased RAM and storage expenses amid a broader industry trend of price hikes in 2026.

4 min read

Steam Machine sits on a wooden desk. Someone's hand is typing on a keyboard, in front of a PC monitor, beside it.

Oracle Cuts 21,000 Jobs Amid Shift to AI-Focused Business Model

Oracle reduced its workforce by 21,000 as it shifts focus to AI, reflecting a broader tech industry trend of job cuts amid massive AI investments.

3 min read

Oracle co-founder Larry Ellison gesturing while making a speech before a microphone

Oracle Cuts 21,000 Jobs as AI Reshapes Workforce in Past Year

Oracle cut 21,000 jobs globally in the past year as AI integration reshapes its workforce, with $1.8bn in restructuring costs and plans for $50bn infrastructure investment.

2 min read

Getty Images Oracle co-founder Larry Ellison gesturing while making a speech before a microphone

Indian Fintech Founder Kunal Shah to Lead WhatsApp as Will Cathcart Steps Down

Will Cathcart steps down as WhatsApp head after seven years, with Indian fintech founder Kunal Shah of Cred taking over amid Meta's efforts to expand in India.

3 min read

Apple to Increase Product Prices Amid Rising Memory Chip Costs

Apple plans to raise product prices due to soaring memory chip costs driven by AI demand and supply issues, says outgoing CEO Tim Cook. The timing and affected products remain unclear.

2 min read

Getty Images Apple CEO Tim Cook smiles as he holds up an orange iPhone 17 Pro during an event at the company's headquarters

SpaceX Surpasses Amazon as World’s Fifth Most Valuable Company

SpaceX has surpassed Amazon as the world’s fifth most valuable company following its IPO and $60bn acquisition of AI coding startup Cursor, enhancing its AI capabilities and market position.

4 min read

SpaceX Acquires AI Coding Startup Cursor for $60bn Days After IPO

SpaceX has acquired AI coding startup Cursor for $60bn shortly after its record-breaking IPO, aiming to expand its AI business alongside its core aerospace operations.

3 min read

Reuters Elon Musk wearing a black T-shirt and holding his phone above his head.