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Chinese AI chipmaker Biren Technology plans to raise up to ~$623M in a Hong Kong IPO, pricing shares at ~$2.19 to ~$2.52, and expects trading to start January 2 (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese AI chipmaker Biren Technology plans to raise up to ~$623M in a Hong Kong IPO, pricing shares a...

5 February 2025

Alphabet expects 2025 capex of ~$75B, vs. ~$58B est., and reports Google Cloud Q4 revenue up 30% YoY to $11.96B, vs. $12.16B est.; GOOG drops 7%+ after hours (Reuters)

Reuters:
Alphabet expects 2025 capex of ~$75B, vs. ~$58B est., and reports Google Cloud Q4 revenue up 30% YoY to $11.96B, vs. $12.16B est.; GOOG drops 7%+ after hours  —  Alphabet (GOOGL.O) said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected …

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