BusinessCerebras IPO: How OpenAI’s Financial and Compute Commitments Shape the CompanyCerebras Systems completed an initial public offering after becoming a central compute partner for OpenAI.2 min read
BusinessCramer: U.S. should allow Nvidia AI chip exports to China; outcome may hinge on BeijingCNBC's Jim Cramer argued that the U.S.2 min read
BusinessAnthropic nears $900B valuation after $30B funding round led by growth investorsAnthropic has agreed to a $30 billion funding round that would lift its valuation to about $900 billion, surpassing OpenAI.2 min read
BusinessCerebras Systems poised for strong Nasdaq debut after oversubscribed IPOCerebras Systems, a chipmaker focused on artificial intelligence, is set to begin trading on the Nasdaq potentially on Thursday after pricing its IPO at $185 per share.2 min read
BusinessCerebras Systems raises $5.55B in IPO as demand grows for inference-optimized AI chipsCerebras Systems began trading on the Nasdaq after raising $5.55 billion in its initial public offering, pricing 30 million shares at $185 each.2 min read
BusinessTechnology company and the Gates Foundation form $200 million partnership for global programsAccording to the statement, a technology company has entered a partnership with the Gates Foundation, providing $200 million in funding, Claude credits and technical assistance for global health,…1 min read
BusinessFoxconn’s growth driven by AI-server demand and expanded manufacturing footprintFoxconn reported a 29.7% rise in first-quarter revenue to $66.6 billion and a 19% increase in net profit to $1.58 billion, supported mainly by strong global demand for AI-server and data‑center infrastructure.3 min read
BusinessAnthropic’s climb: fundraise, enterprise gains and a push toward proactive AI agentsAnthropic is pursuing a multibillion-dollar funding round that could value the company at about $950 billion, surpassing OpenAI’s March valuation.3 min read
BusinessLong Lake to Take Amex GBT Private in $6.3B Deal, Plans AI-Driven Operational OverhaulPrivate investment firm Long Lake will acquire American Express Global Business Travel (Amex GBT) for $6.3 billion in cash, taking the company private at $9.50 per share — about a 60% premium to its last close.2 min read
BusinessGoogle in Talks with SpaceX on Rocket Launches for Orbital Data CentersAlphabet-owned Google has been negotiating with Elon Musk’s SpaceX over a possible rocket-launch agreement to put data centers into Earth orbit, according to The Wall Street Journal.2 min read
BusinessAmazon retires Rufus chatbot and centers shopping strategy on Alexa with new 'Alexa for Shopping'Amazon is shutting down its standalone Rufus chatbot and rolling its capabilities into a new Alexa-centered e‑commerce tool called Alexa for Shopping.2 min read
BusinessTencent funds growing AI push from rising gaming and advertising revenuesTencent reported Q1 (Jan–Mar) 2026 results showing revenue of $28.94 billion, up 9% year‑on‑year but slightly below analysts’ expectations, while net profit rose to $8.55 billion.3 min read
