Follow on Telegram

tech/hardware

Technology News

FCC Fines Eight DJI Front Companies $25,000 Each in Crackdown on Foreign Drone Ban Evasion

FCC Targets DJI Front Companies Over Sanctions Evasion The Federal Communications Commission (FCC) is taking action against companies allegedly helping Chinese drone manufacturer DJI evade U.S. restrictions. Eight companies—including Cogito Tech and Fixaxo Technology—have each been fined $25,000 and given until July 20th to respond to

Major AI Companies Rack Up $350 Billion in New Debt as Capital Expenditures Surge to $725 Billion

AI Industry's Massive Capital Spending Push The artificial intelligence sector is experiencing an unprecedented wave of capital expenditure, with leading AI companies adding approximately $350 billion in new debt while their combined spending has reached $725 billion. This surge in investment underscores the substantial financial resources being devoted

Technology News

FCC Approves Reflect Orbital's Sun-Reflecting Satellite Network Amid Astronomer Criticism

FCC greenlights orbital sunlight reflector The Federal Communications Commission has approved Reflect Orbital's controversial plan to deploy a constellation of satellites capable of reflecting sunlight onto specific regions of Earth during nighttime hours. The concept Reflect Orbital's technology aims to provide illumination by directing reflected sunlight

Technology News

SpaceX Proposes Massive Starlink Expansion with 100,000 Additional Satellites

SpaceX is seeking to dramatically expand its Starlink satellite internet constellation with a proposal to launch an additional 100,000 satellites beyond the already approved 12,000. The company has submitted updated filings outlining plans for this massive constellation expansion, which according to initial proposals could deliver 100 times the

Technology News

SK Hynix Hits $1 Trillion Valuation in Record Wall Street Debut as AI Memory Demand Soars

SK Hynix, one of the world's largest memory chip suppliers, made a historic debut on Wall Street Friday, raising $26.5 billion in what became the largest foreign company listing ever, surpassing Alibaba's previous record. The South Korean chipmaker opened at $170 per share and briefly

Technology News

SK Hynix Closes $26.5B IPO, Prompting Calls for Expanded US Chip Manufacturing

SK Hynix has completed a $26.5 billion initial public offering in the United States, marking the largest foreign IPO in American history. The milestone comes as the AI chip boom continues to reshape the semiconductor industry, and has renewed calls for the company to establish additional manufacturing capacity on

Technology News

Oratomic Raises $300M to Build More Efficient Quantum Computer

Quantum computing startup Oratomic has raised $300 million to build a viable quantum computer requiring only 20,000 qubits. The funding round was co-led by ARCH Venture Partners, Spark Capital, and Khosla Ventures. The approach focuses on achieving quantum viability with a smaller qubit count compared to many existing quantum