Tech Industry Growth

U.S. B2B tech spending hit $35.3 billion in the first half of 2026, and the second half looks different

Circana puts H1 2026 B2B technology revenue at $35.3B, up 10% YoY. Growth moderates to 6% in H2 as pricing dynamics shift and teams rethink GTM.

SpaceX revenue nearly doubled as Starlink and AI businesses surge, but the spending is far from over

SpaceX's debut financial results show revenue nearly doubling, powered by Starlink and AI, even as executives warn the investment cycle is still ramping up.

Samsung chip profit soared 250-fold this earnings season, and AI infrastructure spending shows no sign of slowing

AI hardware demand drove Samsung's chip unit to a 250-fold profit surge, while Palantir, Cloudflare, and Hon Hai posted outsized results, splitting the enterpr

OpenAI and Anthropic now hold 80% of AI 50 venture funding as enterprise-ready startups multiply

Forbes' 2026 AI 50 reveals $305.6B raised across 50 startups, with OpenAI and Anthropic alone accounting for $242.6B, while vertical specialists prove real reven

HCLTech's Advanced AI revenue jumps 62% as record $2.4B bookings quarter signals enterprise AI spending is accelerating

HCLTech posted record Q1 bookings of $2.4B and 62% Advanced AI revenue growth, anchored by a $1.14B digital workplace deal and a $370M AI data center bet.

Wipro's Q1 FY27 large deal bookings jump 13% as clients shift to AI-enabled operating models

Wipro posted $1.6B in large deal bookings in Q1 FY27, up 12.9% sequentially, as enterprises across chemicals, health, and tech double down on AI-powered managed

AI monetization, model efficiency, and India's infrastructure gap shape enterprise AI decisions

Earnings season is surfacing real AI revenue, models are getting leaner, and India's chip deficit is forcing a rethink of AI sovereignty strategy.

Anduril CEO signals no IPO urgency as new funding round targets $28 billion valuation

Anduril CEO Brian Schimpf told CNBC the defense tech company can stay private indefinitely as it pursues a new round valuing it at $28 billion.

Extreme Networks Reports Third Quarter Fiscal Year 2026 Financial Results

Revenue up 11% and SaaS ARR Growth Accelerates to 29% YoY on Extreme Platform ONE Growth; Secured Forward Supply Chain to Meet Demand and Stabilize Gross Margins

Intel Reports First-Quarter 2026 Financial Results

First-quarter revenue was $13.6 billion, up 7% year-over-year (YoY). First-quarter earnings (loss) per share (EPS) attributable to Intel was $(0.73); non-GAAP EPS attributable to Intel was $0.29. Forecasting second-quarter 2026 revenue of $13.8 billion to $14.8 billion; expecting second-quarter EPS attributable to Intel of $0.08 and non-GAAP EPS attributable to Intel of $0.20.

Opportunity Is Knocking, Small Towns Must Answer

As innovation spreads beyond urban centers, small towns are increasingly finding themselves at the forefront of economic transformation. Whether it’s a tech company setting up shop or a new industry planting roots, these shifts present a rare chance for rural communities to redefine their futures. But opportunity alone isn’t enough—it takes local leadership, a collaborative…

ELLKAY Ignites OCHC 2022: A Fusion of Networking, Innovation, and Unmatched Celebration

At the Oracle Cerner Health Conference (OCHC) 2022, Team ELLKAY experienced an unforgettable series of events, from reuniting with Oracle Cerner colleagues and catching up with CHIME partners to fostering connections with both old and new friends. The conference was alive with high-energy exchanges among Team ELLKAY members, deep dives into industry insights from thought…

The Secret Behind Applied Digital’s Rapid Success

Wes Cummins, CEO of Applied Digital, highlights the foundation of Applied Digital’s success: its dedicated team of experts. In less than 24 months, the company has added an impressive 500 megawatts of capacity. This feat, according to Cummins, is credited to the company’s ability to recruit some of the best talents in the field and…

Wes Cummins on Applied Digital’s Promising Horizon

Wes Cummins,CEO of Applied Digital, shares his enthusiasm for Applied Digital’s future, emphasizing the development of a robust HPC strategy. With their first facility successfully operational in Jamestown and plans to expand further in Ellendale and other yet-to-be-announced locations, he is confident that the company’s future achievements will eclipse its impressive past.

State of the Semiconductor Business – 2022

As we witness a semiconductor business revolution driven by an ever-expanding range of applications, it’s evident that the demand for these micro marvels is reaching new heights, according to experts at Technetics Semi on today’s episode of Getting Technetical. The ubiquitous presence of semiconductors, from Internet of Things sensors to high-end gaming systems, reinforces their…