August 25, 2025

Telefónica Targets NATO and EU Defense Contracts with New 5G Battlefield Tech

Telefónica SA, one of Europe’s largest telecommunications companies, is eyeing expansion of its defense business beyond Spain as NATO and European Union allies ramp up military spending in response to growing security challenges. Executive Chairman Marc Murtra said the Madrid-based carrier, which already provides critical network infrastructure to the Spanish army and security forces, sees >>>

August 21, 2025

AI Search Challenger Perplexity Hits $18 Billion Valuation With New Funding

Perplexity AI Inc., the artificial intelligence-powered search engine vying to challenge Google’s dominance, has secured fresh capital that pushes its valuation to $18 billion, according to a person familiar with the matter. The Silicon Valley startup raised $100 million in the latest financing round, the person said, requesting anonymity due to the private nature of >>>

August 19, 2025

China’s $11 Trillion Stock Market Struggles to Win Back Investor Trust

Beijing, China – China’s stock market, valued at over $11 trillion, is drawing fresh scrutiny from investors and policymakers alike, as its poor performance continues to weigh on consumer spending and economic sentiment. Despite a recent rally, Chinese indexes have only just returned to levels last seen a decade ago, following the dramatic market crash >>>

August 15, 2025

Firefly Aerospace Boosts IPO Target to $697 Million, Eyes $6 Billion Valuation

Firefly Aerospace Inc., the Texas-based space technology company, has raised the size of its upcoming initial public offering (IPO) to as much as $697 million, signaling strong investor interest in the rapidly growing commercial space sector. According to a filing with the US Securities and Exchange Commission (SEC) on Monday, Firefly plans to sell 16.2 >>>

August 13, 2025

Samsung Eyes Broader AI Integration for Galaxy Devices, Expanding Beyond Google’s Gemini

Samsung Electronics Co., South Korea’s largest technology company, is taking bold steps to expand the artificial intelligence capabilities of its flagship Galaxy smartphones. The tech giant is in advanced talks with AI leaders such as OpenAI Inc. and Perplexity AI Inc., seeking to integrate more diverse AI services into its upcoming devices — moving beyond >>>

August 11, 2025

The AI Race Pushes Big Tech’s 2025 Capex to a Record $344 Billion

The artificial intelligence boom is fueling unprecedented spending by the world’s largest technology companies, with Microsoft, Amazon, Google, and Meta collectively set to pour more than $344 billion into capital expenditures this year. Much of that capital is earmarked for data centers, the critical infrastructure powering the next generation of AI models. Billions Flowing Into >>>