Latest Technology News
Tesla Boosts Spending to $25 Billion for AI and Robotics
Tesla plans to spend an additional $25 billion this year to advance Elon Musk's AI ambitions, including data centers, robotaxi expansion, and humanoid robots. Intel shares rose after pledging support for Musk's Terafab chip project in Austin.
This aggressive investment underscores Tesla's push into future technologies.
SpaceX Eyes In-House GPU Production for AI Infrastructure
SpaceX is planning substantial capital expenditures for manufacturing its own GPUs, reducing reliance on external suppliers amid its AI push. The move aligns with Musk's Terafab vision involving SpaceX, xAI, and Tesla in Austin.
This signals a broader industry shift toward owning AI hardware.
Microsoft Commits $18 Billion to AI and Cloud in Australia
Microsoft will invest $18 billion by 2029 to expand AI and cloud infrastructure in Australia, its largest investment there. The project targets compute capacity growth in the Asia-Pacific allied market.
It strengthens Microsoft's strategic position in regional tech.
Gartner Forecasts 13.5% Global IT Spending Growth to $6.31 Trillion
Global IT spending is projected to reach $6.31 trillion in 2026, up 13.5% from 2025, driven primarily by AI infrastructure. Data center systems lead with 55.8% growth, while IT services hit $1.87 trillion.
Software, especially generative AI, and devices also show strong gains.
Sony's AI Robot Defeats Human Pros at Table Tennis
Sony's AI-powered robot Ace, tested in Tokyo, beats professional table tennis players using advanced perception. It reads ball logos for spin and reacts in split seconds, matching human physical limits but excelling in vision.
The tech transfers AI training from virtual to physical tasks with sports and beyond applications.
Starbucks Seeks Global Tech Hubs to Cut Costs and In-House Roles
Starbucks is expanding tech hubs beyond Nashville, including international sites, after cutting $100 million in spending. The move aims to further reduce tech costs and bring roles in-house.
Chief Technology Officer Anand Varadarajan announced this in an internal meeting.
Google Prepares New AI Chips to Challenge Nvidia
Google is set to release new AI chips, intensifying competition with Nvidia in the AI hardware market. This development highlights the escalating battle for chip dominance in AI infrastructure.
It comes amid broader industry shifts toward self-reliant semiconductor production.
Lyft Acquires Gett to Fuel International Growth
Lyft's CEO David Risher discussed acquiring London black cab app Gett to expand ride-hailing internationally. The deal supports Lyft's global ambitions in competitive markets.
It aligns with tech firms' push into new geographies amid AI and mobility investments.
High-Growth US Tech Stocks Surge with AI and Defense Focus
Top US high-growth tech stocks like Palantir, Reddit, and Fabrinet show strong revenue and earnings growth amid a robust market up 34% yearly. Companies like Gorilla Technology target defense with deals like Raytheon's $200 million radar contract.
Innovations in AI data handling position firms for next-gen infrastructure.
AI Shifts Focus to Hardware Control and Global Power Dynamics
AI news pivots from models to chip and infrastructure control, with SpaceX and governments entering hardware races. Concerns rise over chatbot security, model gaps, and regulatory lags.
This expands into hardware, security, and geopolitical influence.