Cerebras Nears $95 Billion Value in Biggest Tech IPO Since Uber
For years, the pitch sounded like a joke: a startup that would build a chip the size of an entire silicon wafer, taking on Nvidia. On Thursday, Cerebras Systems closed…
Three Engineers, 100 AI Agents, a $1.3 Million Token Bill
The screenshot posted on X on Friday showed a number most developers will never see on their own dashboards: $1,305,088.81 in OpenAI spending over 30 days. The bill covered 603…
SpaceX Prospectus Details Musk’s Mars-Linked Pay Plan
The prospectus answers the question investors have asked since the listing was announced – who controls SpaceX? – with a definitive answer. Elon Musk would receive Class B shares carrying…
Apple Veteran’s Audio Startup Sets Sights Overseas
Robin Cao spent eight years at Apple building haptic feedback for the iPhone and the Apple Watch. In 2020 he left to start Mojawa, a bone conduction headphone maker based…
Nvidia’s Value Now Tops Germany’s Economy
Nvidia is now worth more than the whole of Germany. The chipmaker’s market capitalization reached $5.7 trillion in mid-May, surpassing the $5.45 trillion that the International Monetary Fund projects for…
Nvidia Releases Open-Source Model That Generates Minute-Long Video
Nvidia has released SANA-WM, a 2.6-billion-parameter open-source world model that generates up to 60 seconds of 720p video with precise camera control on a single GPU. The model, published as…
AI Labs Sign Up Buyout Firms as Sales Channel
In a 72-hour stretch this week, the three largest AI companies effectively signed up some of Wall Street’s biggest buyout firms as distribution partners. Anthropic, OpenAI, and Google all moved…
OpenAI Is Said to Weigh Suit Against Apple
A partnership that began with a handshake on a stage in Cupertino is now reported to be headed toward lawyers. OpenAI is considering suing Apple, according to a report from…
HashiCorp Co-Founder’s AI Critique Grips Hacker News
The post went up late on a spring evening, a long argument about startup economics from a name the valley still stops to read. Within hours it was the most-discussed…
The AI News Network Pretending to Be Local
The website looked like any small-town newspaper: a name that suggested a century of community coverage, a masthead, stories about city council meetings and high school sports. There was no…