Tech Explained: Here’s a simplified explanation of the latest technology update around Tech Explained: Tech Up as AI Hopes Rekindled — Tech Roundup in Simple Termsand what it means for users..
Shares of technology companies rose as traders rotated back into artificial-intelligence bets.
SoftBank company SB Energy is reportedly working with OpenAI on the AI infrastructure joint venture Stargate. Shares of Oracle, another OpenAI partner on the Stargate project, rose sharply.
Nvidia, the top AI chip maker, hired Google marketing executive Alison Wagonfeld to be chief marketing officer.
South Korean manufacturer LG Electronics expects to post a quarterly operating loss for the first time in nine years, hampered by a sluggish recovery in demand for televisions and other consumer electronics amid intensified competition.
Bridge Data Centres, a tech infrastructure developer backed by investment firm Bain Capital, is planning a foray into the Middle East, Australia and Japan as data-center operators worldwide race to build hyperscale infrastructure for the fast-growing artificial-intelligence sector.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-09-26 1807ET