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Robotics AI
2026-10-27 19:59:44

Physical Intelligence said to seek funding at nearly $20 billion valuation

Physical Intelligence, a robotics AI software startup, is in funding talks that could value the company at nearly $20 billion, according to a Techub News brief citing Bloomberg. The figure would represent almost a doubling from its previous valuation. The company focuses on building artificial intelligence software designed to help robots carry out tasks in the physical world. No other financing terms were disclosed in the brief. The report points to continued investor interest in companies developing software for real-world robotic applications, though the available source material does not provide details on the size of the round, participating investors, or timing for a deal.

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Physical Intelligence said to seek funding at nearly $20 billion valuation
Palantir
2026-10-12 14:12:23

Palantir hits another record as U.S. AI application software stocks stay active

U.S. AI application software names remained active on Oct. 12, according to market data from BIT (Bit.com), with Palantir Technologies climbing more than 1% to set another record high. Other software names also advanced, including ServiceNow, Shopify, and Salesforce, each up more than 3%, while SAP SE, Snap, and Workday gained more than 1%. On the news front, BofA Securities upgraded Salesforce from underperform to buy and sharply raised its price target to $285 from $160. In its report, the firm said revenue directly tied to artificial intelligence still accounts for a relatively small share, but it remains constructive on the company’s long-term prospects in enterprise AI. Separately, Goldman Sachs chief U.S. equity strategist Ben Schneider and TMT specialist Pete Callahan said the AI investment narrative is shifting away from semiconductor capital spending and toward application-layer themes such as the “inference economy” and personal agents. Callahan said coding AI is “no longer a market secret,” adding that investors are urgently looking for the next AI story.

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Palantir hits another record as U.S. AI application software stocks stay active
Palantir
2026-08-04 00:57:35

Palantir beats Q2 revenue estimates, lifts full-year outlook as shares jump 14% after hours

Palantir reported second-quarter revenue of $1.93 billion on Aug. 4, topping the market expectation of $1.805 billion and rising from $1.003 billion in the same period last year. The company also raised its full-year revenue guidance to a range of $8.15 billion to $8.16 billion, up from its previous forecast of $7.65 billion to $7.66 billion. According to market data from BIT (bit.com), Palantir shares climbed 14% in after-hours trading. The move came as demand for AI software remained strong, based on the information cited in the source report.

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Palantir beats Q2 revenue estimates, lifts full-year outlook as shares jump 14% after hours
US stocks
2026-07-28 03:57:00

Semiconductor and memory stocks drag on Nasdaq as Apple retakes the top market-cap spot

U.S. stocks split on Monday as weakness in semiconductors, memory names and optical networking shares weighed on the Nasdaq, while the Dow edged higher. Oil fell after Donald Trump said the U.S. had paused strikes on Iran to leave room for talks, easing immediate fears around a wider Middle East disruption. That also helped pull the 10-year Treasury yield down to 4.63%, even as markets kept their attention on this week’s Federal Reserve meeting and the possibility, however contested, of a surprise 25-basis-point rate hike. Trading within the AI complex showed a sharper divide. Investors favored software and lighter-capex companies such as Shopify, Palantir, SAP, ServiceNow, Salesforce and Adobe, while AI hardware names came under broad pressure. UBS said credit markets are re-pricing the long-term monetization risk tied to AI capital spending, with projected combined fiscal 2026 capex by Alphabet, Amazon, Microsoft, Meta, Oracle and CoreWeave reaching about $849 billion and potentially topping $1 trillion in 2027. China-related developments added to the pressure. ChangXin Technology surged more than 465% in its market debut, pushing investors to reassess the long-term DRAM supply picture, while a report from The Information said a Chinese company has started small-batch production of immersion DUV lithography machines. Apple rose 1.17% and overtook Nvidia as the world’s most valuable listed company for the first time since April 2025, while Nvidia, SanDisk, SK Hynix and ASML all posted notable declines.

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Semiconductor and memory stocks drag on Nasdaq as Apple retakes the top market-cap spot