Activeport Group (ASX:ATV) launches an AI Gateway with FirstWave, earning 6% of GPU consumption revenue across Australia’s fastest-growing neocloud market.
Tech Stocks
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ASX tech stocks were hammered earlier this week, with Xero (ASX: XRO) sinking to a multi-year low around A$66, its lowest since the 2020 COVID sell-off.
The cause was global, not local: a sharp selloff in US AI and chip stocks, plus fears the US Federal Reserve will keep interest rates…
Cerebras Systems (NSDQ:CBRS) posted 92% core revenue growth in Q1 2026 alongside a US$20 billion multi-year OpenAI deployment deal.
Sprintex (ASX:SIX) signs an exclusive Taiwan distribution deal with Shing Yu and lands a paid Jet Blower trial at TSMC wastewater facilities.
HiTech Group Australia (ASX:HIT) has tabled an A$15m offer to acquire Hudson’s UpperGround recruitment business out of administration.
The Most Expensive Group Project in History
Are we currently witnessing the beginning of the end of the AI boom? Let's start with a number so large it loses all meaning: roughly US$700 billion. That's the combined capital expenditure the four biggest US hyperscalers, Amazon, Alphabet, Microsoft and Meta, are guiding toward for 2026 alone.…
Salesforce (NYSE:CRM) was in the SaaS/cloud space so long ago that back at that time (in the early 2000s) it was not even a thing. Most in our Australian audience will have heard of this company and used its software, which since 2021 has included Slack. They may also know it has a 55-storey office…
Vection Technologies (ASX:VR1) books A$2.3m in new AI orders across five sectors and lands its first A$1.3m ARR security contract.
SpaceX FOMO has meant that shares in Elon Musk's latest listed venture are up nearly 40% in its first five trading days, driven by a wave of pent‑up demand that had been building for years. Demand has been driven both from investors buying shares directly, but also in investors buying ETFs offering exposure to it.…
Aspermont (ASX:ASP) has pushed its operating cashflow positive target to H2 FY27 as two enterprise contracts slip and growth spend is brought forward.
