Cerebras prices its IPO at $185 a share, expects to raise $5.5bn from sale
Share price above the expected range
Share price above the expected range
Series B round was co-led by Accel, Factorial Funds, and Peter Thiel’s Founders Fund
First time tool will be used for superconducting quantum applications in the US
Platform consists of six Nvidia H200 GPUs and 52 Nvidia L40S GPUs
The platform will support AI inference workloads across both public and private European initiatives
TU Delft spin-out raises pre-seed money
Broadcom’s investment in initial project phase reportedly tied to Microsoft purchase commitments
Will be used to advance seismic imaging for hydrocarbon exploration
Second system deployed by the company in as many months
Chip giant extends accelerator peripheral lineup as it looks to meet bandwidth-booming workload demands
Chip giant also said customer demand for its new Arm AGI CPU has hit $2bn
The companies claim the test to be an industry first
McLean has previously worked at Analog Devices, Texas Instruments, and National Semiconductor
Highest capacity commercially available SSD
Company sees PNT as major growth area after investing significant capital into powering innovation in the field
Despite significant double-digit data center growth, total revenue remained flat quarter-on-quarter
All companies with which OpenAI has entered into business deals
Company’s shares surged by more than 15 percent to push it past the $1tn mark
Investors in the Series B round included Intel Capital, IQT, and ETF Partners
We love Nvidia chips, say Nvidia-backed firms
Company says acquisition will boost its AI and data center product offerings
Chipmaker has also hired former Qualcomm exec Alex Katouzian to oversee its Client Computing & Physical AI Group
Fractile’s hardware not expected to be available until 2027
Company is forecasting $12bn worth of sales
Initial shipments of the chips expected in December
Record-breaking growth primarily driven by memory demand
Company sees strong Q1 for FY2026