Cerebras Files IPO Again After $10B OpenAI Deal and AWS Partnership
AI chip startup Cerebras re-files for IPO months after scrapping 2025 attempt, now backed by $10B OpenAI contract and AWS cloud deal.
AI chip startup Cerebras re-files for IPO months after scrapping 2025 attempt, now backed by $10B OpenAI contract and AWS cloud deal.
Kevin Weil and Bill Peebles leave OpenAI as company kills Sora and Prism to focus on enterprise AI, marking end of consumer moonshot era.
Worldcoin's iris-scanning orbs now verify Tinder users, offering badges and free boosts for proof-of-humanity verification.
Tech insiders are burning cash on massive token processing capacity, but critics warn they're building for a future that might never arrive.
Netflix shares plunged 15% in after-hours trading as Q2 guidance missed estimates and co-founder Reed Hastings announced his departure, overshadowing.
Sequoia Capital raises massive $7B fund under new leadership, doubling down on AI investments as venture market tightens.
San Francisco tech founder Bob Lee was stabbed to death by acquaintance Nima Momeni, not random street violence as initially feared.
Failed sustainable shoe company Allbirds pivots from wool sneakers to GPU-as-a-service, sending stock soaring 373% after $50M AI pivot announcement.
CoreWeave returns to junk-bond market for second time in a week after Jane Street pumps $1B equity plus $6B cloud contract, pushing total backing to $7B.
Snap will lay off 1,000 employees—16% of staff—citing AI efficiency gains and aiming for profitability amid activist pressure.
March home sales dropped 3.6% despite spring season, while prices hit record $408,800—marking 33 straight months of increases as affordability crisis deepens.
Dow Chemical elevates COO Karen Carter to CEO role on July 1, 2026, as Jim Fitterling transitions to executive chairman in structured succession plan.
Anthropic has fielded multiple VC offers valuing the Claude maker at $800B+, more than double its February mark, though sources say the company has.
Amazon will pay roughly $11.6 billion for Globalstar, not the $9 billion first floated, making it the company’s largest deal since Whole Foods.
Brent crude drops to $100.19 after Iran-US peace talks revive supply hopes, marking a sharp reversal from 54% annual gains.