Cerebras IPO has ‘too much hair’ as AI chipmaker tries to sell Wall Street on Nvidia alternative

[ad_1] Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto…

Nvidia-backed CoreWeave gets $650 million credit line from top Wall Street banks

[ad_1] In this photo illustration, a Core Weave logo is displayed on a smartphone with stock…

AMD launches AI chip to rival Nvidia’s Blackwell

[ad_1] AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s…

China’s CSI 300 plunges over 5% as other Asian markets rebound: Live updates

[ad_1] An aerial view shows the Central Bank of India building, in Mumbai, India, 28 September,…

Foxconn chairman says AI investment boom ‘still has some time to go’ as language models evolve

[ad_1] Chairman of Foxconn Young Liu delivers a speech during the Hon Hai Tech Day in…

Stocks making the biggest moves midday: Hims & Hers Health, Joby Aviation, Levi Strauss and more

[ad_1] Check out the companies making headlines in midday trading. EVgo — Shares soared nearly 61%…

Nvidia CEO Jensen Huang says demand for next-generation Blackwell AI chip is ‘insane’

[ad_1] Nvidia CEO Jensen Huang said in an interview with CNBC’s “Closing Bell Overtime” that demand…

OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round

[ad_1] OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the…

AI chipmaker Cerebras files for IPO to take on Nvidia

[ad_1] Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto…

OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue

[ad_1] Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on…

Sam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company

[ad_1] At an all-hands meeting on Thursday, OpenAI CEO Sam Altman denied that there are plans…

Intel’s wild week leaves Wall Street more uncertain than ever about chipmaker’s future

[ad_1] Intel CEO Patrick Gelsinger speaks at the Intel Ocotillo Campus in Chandler, Arizona, on March…

How Elon Musk hopes his new supercomputers will boost his businesses

[ad_1] Elon Musk is on a mission to build new supercomputers. As the CEO of Tesla…

China would love a domestic Nvidia rival — but that’s proving quite the challenge

[ad_1] Chinese companies are ramping up efforts to produce a viable alternative to Nvidia’s chips that…

Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power

[ad_1] Microsoft CEO Satya Nadella speaks during the company’s Build developer conference in Seattle on May…

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