Tech Explained: Tech Up on AI Boom Bets -- Tech Roundup  in Simple Terms

Tech Explained: Here’s a simplified explanation of the latest technology update around Tech Explained: Tech Up on Mixed AI Signals — Tech Roundup in Simple Termsand what it means for users..

Shares of technology companies rose amid mixed signals on the artificial-intelligence boom.

Anthropic, the developer of the chatbot Claude, plans to raise $10 billion at a valuation of $350 billion before the new investment.

Google owner Alphabet surpassed Apple in market value for the first time since 2019, as investors bet the company’s lead in AI would help it outgrow Apple and other rivals.

Quantum-computing companies rose amid deal activity.

D-Wave Quantum unveiled a $550 million deal to acquire Quantum Circuits as it doubles down on a type of quantum architecture that skeptics say is the only viable way forward for the technology.

Shares of computer-drive maker Seagate Technology fell sharply amid concerns about prices of memory chips.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

01-07-26 1909ET