M&A, product, and strategy moves from Apple, Google, Meta, Microsoft, Amazon, and Nvidia.
Charter Communications closed its $34.5 billion acquisition of Cox, creating a 37-million-subscriber cable and broadband giant that will retire the Charter name in favor of Cox within a year.
Stripe's $7.5B OpenRouter deal and SpaceX's $60B Anysphere buyout total $67.5B in AI M&A in six weeks, while Etched's $21B venture valuation shows the same distribution/infrastructure bet playing out in funding rounds too.
Nvidia agreed to pay $6B to non-exclusively license Poolside's code-generation models and invest $1B at a $12B valuation, while extending job offers to roughly 109 Poolside employees.
OpenAI co-founder and president Greg Brockman has absorbed ChatGPT's product business, go-to-market, enterprise and compute teams into his own remit, consolidating operating control as the company prepares for a 2027 IPO.
Waymo has built a custom ASIC on TSMC's 5nm process delivering over 1,000 TOPS, replacing the Intel FPGAs it used previously, as it races Tesla's years-long custom-silicon program for autonomous driving.
Stripe's acquisition of AI model gateway OpenRouter is now confirmed at roughly $7.5B, with $1.5B going to founders and $6B to investors -- a 5.4x markup over its three-month-old Series B valuation.
SpaceX approached AI coding startup Cognition about an acquisition just five days after closing its $60B purchase of Cursor, but Cognition's CEO says the company never engaged and is not for sale.
Waymo's purpose-built Ojai minivan, developed with Geely's Zeekr and running Gemini as an in-car assistant, is now open to all riders in LA, Phoenix and San Francisco as the company chases lower per-vehicle costs.
Amazon plans to expand Prime Air drone delivery to nearly 500 US cities by year-end, a sixfold jump from 11 metro areas, even as Wing, Walmart and Zipline each report far more cumulative deliveries.
Amazon is expanding Prime Air drone delivery roughly 6x to nearly 500 US cities and towns by year-end, targeting 1 million deliveries in 2026 after over a decade of slower-than-planned rollout.
Einride struck a deal to add 500 Tesla Semis to its electric trucking fleet over the next 24 months, making Tesla's long-delayed truck the backbone of a rival's fleet-as-a-service business rather than Tesla's own logistics arm.
US stock futures fell Tuesday as bond yields and oil prices climbed to multi-year highs after President Trump declined to extend the expiring US-Iran ceasefire, a macro backdrop that sits underneath every tech valuation on this page.
Stripe finalized a deal to acquire OpenRouter, the AI model routing startup, for more than $7 billion -- over 5x the $1.3 billion valuation OpenRouter carried three months ago after its Series B.
Stripe agreed to acquire AI model gateway OpenRouter for more than $7 billion, roughly five times the $1.3 billion valuation OpenRouter carried in May, turning a payments company into the metering and billing layer for AI token consumption.
Nvidia will guarantee up to $105 billion in financing for the first phase of OpenAI's Ohio data center, a 4.25-gigawatt site built and operated by SoftBank's SB Energy under a 20-year lease.
JPMorgan's market cap was roughly $970 billion this week, closing in on becoming the first bank ever worth $1 trillion, up from $138 billion when Jamie Dimon took over in late 2005.
Alibaba is selling its gaming studio Lingxi Games to private equity firm Trustar Capital for more than $1.5 billion, the clearest sign yet that CEO Eddie Wu is stripping the conglomerate down to AI and cloud.
Nvidia shares have started rebounding after a sluggish stretch, with analysts pointing to hyperscaler capex increases, an upcoming earnings report and renewed AI infrastructure financing deals as the drivers.
Nvidia's newly disclosed $21 billion SpaceX stake and $30 billion Intel position -- 80% of its entire public portfolio -- are the clearest evidence yet that AI-era capital keeps circulating through the same handful of companies rather than spreading out.
Mark Zuckerberg's essay 'The Future is for Everyone' pitched Meta's Glimmer and Muse Spark models as universal personal AI, but critics questioned both the messenger and whether hardware requirements make the vision accessible at all.
Stripe has agreed to acquire OpenRouter, the routing layer that lets developers switch between AI models through one API, for more than $7 billion -- roughly five times the $1.3 billion valuation OpenRouter carried in May.
Tech industry layoffs in 2026 have already surpassed the full-year 2025 total, with roughly 205,800 workers affected across 322 events even with more than four months left on the calendar.
Rivian's software chief says the company plans roughly seven to ten years of functional feature updates, while Tesla's reversal on 2016-era full self-driving hardware shows how quickly a car's compute can be declared obsolete.
A head-to-head drive of Tesla's Full Self-Driving and Rivian's Autonomy+ hands-free systems highlights a widening price gap, with Tesla at $99 a month and Rivian at $49.99 a month or $2,500 for the life of the vehicle.
Talks to sell PayPal to Stripe and private-equity firm Advent International have reignited, TechCrunch reports, weeks after PayPal's board left the door open to a higher offer than the $53 billion joint bid it rejected in July.
SpaceX completed its $60 billion all-stock acquisition of AI coding startup Cursor, issuing about 391 million Class A shares in what is now the largest startup acquisition on record.
Uber and China's Pony.ai are expanding their partnership to deploy more than 2,000 autonomous vehicles across Europe, building on an existing Zagreb service as the region's robotaxi market starts to consolidate around a handful of players.
Uber and Chinese autonomous-driving company Pony.ai are expanding their partnership to deploy more than 2,000 robotaxis across additional European cities, moving beyond their initial Zagreb launch toward the Middle East.
Reddit will join the S&P 500 on August 18, replacing AvalonBay Communities, sending shares up more than 10% and making it only the second pureplay social media company in the index after Meta.
Workday shares had their best day in a decade after Reuters reported private equity firm Silver Lake is in talks to acquire the enterprise software maker, a deal that would be one of the largest software buyouts in years.
SanDisk shares jumped nearly 17% after an investor day growth strategy presentation, extending a memory-chip rally that has the stock up more than 450% year-to-date as AI-driven demand tightens supply.
SK Hynix is spending roughly $720 billion to triple its memory-chip capacity by 2034 via a new Yongin Cluster campus, betting the current AI memory shortage outlasts the industry's boom-and-bust cycle.
Lenovo posted an all-time quarterly revenue high of $26.9 billion with AI-related sales up 60% year-on-year, sending its Hong Kong-listed shares to a record and reigniting the read-through trade for Nvidia demand.
South Korea's Kospi index climbed more than 20% from its July low to re-enter bull-market territory, driven by Samsung and SK Hynix shares recovering sharply after the same two chipmakers had driven 71% of the index's July losses.
On the same earnings call where Tencent reported an 11% revenue beat, president Martin Lau said Tencent could earn a 'decent return in an immediate timeframe' by renting its $53 billion AI hardware spend instead.
Cisco reported record fourth-quarter revenue of $17.25 billion and $4 billion in AI orders from hyperscalers, but shares fell nearly 5% after hours as hardware-heavy orders dragged margin guidance down.
Google unveiled the Pixel 11 lineup at a New York event Wednesday, headlined by a 2-nanometer Tensor G6 chip and deeper Gemini integration, with every model priced $100 higher than last year's generation.
Goldman Sachs is paying up to $2.25 billion for NEOS Investments, handing it a ready-made $1.1 billion bitcoin covered-call ETF and vaulting it past BlackRock in the race for bitcoin-income products.
CoreWeave shares rose 19% and Nebius jumped 34% after both neocloud companies reported results showing surging AI compute demand, with CoreWeave's backlog reaching $104 billion and Nebius's run rate up 598%.
Norway's $2.3 trillion sovereign wealth fund posted a record $184.3 billion first-half profit and disclosed for the first time a $1.2 billion stake in SpaceX, on top of its existing Tesla stake.
Tencent posted 204.78 billion yuan in Q2 revenue, up 11% and ahead of estimates on gaming and AI-driven advertising growth, even as profit missed forecasts and the stock stayed down 26% YTD.
Manus resumed independent operations after Chinese regulators forced Meta to fully unwind its $2 billion acquisition of the AI agent startup, an unprecedented case of Beijing clawing back a completed foreign takeover months after it closed.
Brad Lightcap, OpenAI's longtime chief operating officer, is leaving after eight years to 'start something new,' the latest in a string of 2026 senior departures as the company weighs a potential IPO.
Uber sold its entire stake in delivery-robot company Serve Robotics in the second quarter, a surprise to Serve, capping a relationship dating to Serve's 2021 spinout from Postmates.
Jensen Huang defended Nvidia's plan to help assemble $500 billion in financing for AI data centers after bond investors flagged that cheaper Chinese chips flooding the market could depreciate the GPUs backing that debt faster than expected.
Intel priced an upsized $20 billion common stock offering at $95 a share to fund AI-driven chip manufacturing expansion, one of the largest equity raises by a legacy US tech company in years.
Teledyne Technologies agreed to acquire Varex Imaging for roughly $1.1 billion, adding the company's X-ray tubes and digital detectors to Teledyne's medical and industrial imaging portfolio.
Bowman Consulting Group agreed to be acquired by infrastructure-focused private equity firm Bernhard Capital Partners for $43.00 a share in cash, an all-cash deal valuing the engineering services firm at roughly $1 billion.
Archer Aviation is acquiring Boeing's Wisk Aero, SkyGrid and Insitu units in an all-stock deal that gives Boeing roughly a 16.5% stake in Archer and sent Archer shares up nearly 19%.
Intel priced a $15 billion common stock offering on August 10, its first public share sale since the company's 1971 IPO, to fund AI, foundry and advanced-packaging expansion.
Canva cut its 2026 revenue growth forecast from 30% to 20%, citing unsustainably high costs of serving AI features built on frontier models -- a warning shot for every SaaS company that rushed AI to market without solving unit economics.
Zoox began charging for robotaxi rides in Las Vegas on August 10 under the first NHTSA exemption ever granted for a steering-wheel-free vehicle, and named Miami and Austin as its next early-rider cities.
Ford unveiled the Fathom, a midsize electric pickup starting at $28,350, its first vehicle built on a new low-cost 'Universal EV Platform,' with deliveries beginning in 2027.
South Korea launched a $3.52 billion semiconductor fund targeting chip materials, equipment and fabless firms, the anchor piece of a push expected to draw over $576 billion in Samsung- and SK Hynix-led private investment.
IonQ closed its $1.8 billion acquisition of chip foundry SkyWater Technology, calling itself the only vertically integrated, full-stack quantum computing platform company as a result.
Nvidia and SK Group expanded a partnership both companies describe as worth more than $500 billion across AI factories and next-generation memory, centered on a long-term deal to co-develop HBM.
Lantheus Holdings agreed to be acquired by Curium for $102.50 a share in cash plus contingent value rights worth up to $12.00 more, a deal that could total $8.0 billion.
Alphabet raised its 2026 capex guidance to $195-205B and Microsoft signaled FY27 spending will grow again, the clearest sign yet that AI infrastructure spending isn't decelerating despite investor unease over payback timelines.
SpaceX's all-stock acquisition of AI coding startup Cursor remains on track to close this quarter, positioning the rocket-and-satellite company as an unlikely new owner of one of the fastest-growing developer tools in AI.
Terafab's $16.8B chip fab, AMD's purchase of silicon startup Taalas, and Hadrian's $1.37B raise all point the same direction: AI capital moving from model weights into the physical plants that build chips and hardware.
