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AI chipmaker Cerebras aims to raise $3.5 billion in US IPO

AI chipmaker Cerebras aims to raise $3.5 billion in US IPO

May 4 (Reuters) - Nvidia-rival Cerebras Systems, which makes chips for artificial intelligence workloads, is aiming to raise $3.5 billion in its U.S. initial public offering.
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Cerebras Aims for $3.5 Billion in IPO Amid AI Market Surge

Cerebras Aims for $3.5 Billion in IPO Amid AI Market Surge

Cerebras Aims for $3.5 Billion in IPO Amid AI Market Surge
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Big Tech's AI Spending Under Scrutiny Amid Market Volatility

Big Tech's AI Spending Under Scrutiny Amid Market Volatility

Big Tech's AI Spending Under Scrutiny Amid Market Volatility
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Palantir to Report Q1 Earnings Amidst AI Market Challenges

Palantir to Report Q1 Earnings Amidst AI Market Challenges

Palantir to Report Q1 Earnings Amidst AI Market Challenges
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Micron Technology Sees Stock Surge Amid AI-Driven Memory Demand

Micron Technology Sees Stock Surge Amid AI-Driven Memory Demand

Micron Technology Sees Stock Surge Amid AI-Driven Memory Demand
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Tesla's Stock Rises as Semi Production Begins and Revenue from SpaceX and xAI Boosts Financials

Tesla's Stock Rises as Semi Production Begins and Revenue from SpaceX and xAI Boosts Financials

Tesla's Stock Rises as Semi Production Begins and Revenue from SpaceX and xAI Boosts Financials
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Elon Musk v. Sam Altman Trial Livestreamed on YouTube Amid New Court Rule

Elon Musk v. Sam Altman Trial Livestreamed on YouTube Amid New Court Rule

Elon Musk v. Sam Altman Trial Livestreamed on YouTube Amid New Court Rule
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Sam Altman Engages GPT-5.5 in Planning Its Own Launch Party, Highlighting AI's Evolving Role

Sam Altman Engages GPT-5.5 in Planning Its Own Launch Party, Highlighting AI's Evolving Role

Sam Altman Engages GPT-5.5 in Planning Its Own Launch Party, Highlighting AI's Evolving Role
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Alphabet Poised to Surpass Nvidia as World's Most Valuable Company Amid Market Shifts

Alphabet Poised to Surpass Nvidia as World's Most Valuable Company Amid Market Shifts

Alphabet Poised to Surpass Nvidia as World's Most Valuable Company Amid Market Shifts
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OpenAI's GPT-5.5 Plans Its Own Launch Party with Unique Requests

OpenAI's GPT-5.5 Plans Its Own Launch Party with Unique Requests

OpenAI's GPT-5.5 Plans Its Own Launch Party with Unique Requests
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Tech Giants, Including Nvidia, Sign AI Deal with Pentagon to Enhance Military Capabilities

Tech Giants, Including Nvidia, Sign AI Deal with Pentagon to Enhance Military Capabilities

Tech Giants, Including Nvidia, Sign AI Deal with Pentagon to Enhance Military Capabilities
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OpenAI Shares User Data with Advertisers, Formalizing Ad Platform Identity

OpenAI Shares User Data with Advertisers, Formalizing Ad Platform Identity

OpenAI Shares User Data with Advertisers, Formalizing Ad Platform Identity