AI chipmaker Cerebras Systems explodes 68% on its Nasdaq debut, closing at $311.07 after raising $5.55 billion in the largest U.S. tech IPO since Uber's 2019 listing, pushing its market cap to roughly $95 billion as it aggressively challenges Nvidia with new deals from AWS and OpenAI.
AI chipmaker Cerebras explodes 90% on its Nasdaq trading debut, opening at $350 after pricing at $185, claiming the biggest IPO of the year with a $75 billion valuation amid overwhelming investor demand exceeding 20 times available shares as it challenges Nvidia's dominance.
OpenAI engineers are building a custom Windows sandbox for their Codex coding agent after discovering that existing Windows security tools like AppContainer and Windows Sandbox fail to meet the strict isolation and flexibility demands of open-ended developer workflows, leading to a new elevated solution using dedicated local users, Windows Firewall …
NVIDIA is partnering with AlphaGo architect David Silver's AI lab, Ineffable Intelligence, to co-design next-generation reinforcement learning infrastructure on cutting-edge Grace Blackwell and upcoming Vera Rubin hardware, aiming to build AI agents capable of continuously learning from experience and driving breakthroughs across all fields of knowledge.
Google and SpaceX are in active talks to launch orbital data centers in space, though current analysis suggests terrestrial data centers remain far more cost-effective once satellite construction and launch costs are factored in.
Modal slashes GPU cold start times from over 2,000 seconds to just 50 seconds using a breakthrough combination of cloud-buffered idle GPUs, lazy-loading filesystems, CPU memory snapshotting, and CUDA checkpoint/restore, delivering 4-10x faster serverless inference for LLM workloads across hundreds of organizations.
AI's explosive growth faces a critical hardware bottleneck lasting years, even as Apple shatters its AI exclusivity by letting 1.2 billion iPhone users choose rival models like Gemini and Claude, DeepSeek rockets to a $45 billion valuation, and AI pioneer Yann LeCun launches a $1 billion bet against large language …
Elon Musk merges xAI into SpaceX, dissolving it as an independent company and creating a new internal division called SpaceXAI to oversee X and Grok, deeply integrating AI across SpaceX's operations and connecting it to the company's $119 billion TERAFAB semiconductor fab and upcoming Starship V3.
Apple is set to unveil a massive Siri overhaul at WWDC on June 8, powered by Google Gemini, transforming Siri into a ChatGPT rival while targeting the 84% of the global population not yet using AI.
SoftBank's Masayoshi Son is in talks with French President Emmanuel Macron over a multibillion-dollar AI data center investment in France, with Son reportedly floating a figure as high as $100 billion as part of a sweeping global push to build out artificial intelligence infrastructure.