Tech Down, But Not by Much, as Traders Weigh AI Boom Outlook — Tech Roundup
Shares of technology companies fell, but not by as much as the broad market, as traders bet the artificial-intelligence boom would continue, despite pledges to slow down model development.
Factory, which makes autonomous AI agents that code, has raised $200 million at a $5 billion valuation, the company said, more than three times its valuation from five months ago, when it last raised funding.
Singapore delivery app owner Grab agreed to buy a 60% stake in payment-technology firm Atome Financial for $1.49 billion in cash.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
September 15, 2026 17:42 ET (21:42 GMT)
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