Search: “industry”

Cerebras Systems Inc. has officially priced its stock at 185 per share ahead of the most anticipated initial public offering of the year today, well above its expected range of between 150 and 160 per

Bloomberg: Cerebras shares closed up 68% at 311.07 in the company's Nasdaq debut after it raised 5.5B in the year's largest IPO, giving it a market value of 67B — Cerebras Systems Inc. shares jumped 6

Updated with opening stock price: Cerebras Systems Inc. today opened trading as a public company at 350 a share, 89% above its offering price, as it kicked off what looks like a huge year for initial

Cisco announced nearly 4,000 job cuts as part of a restructuring to shift investment toward artificial intelligence while simultaneously raising its annual revenue forecast after strong hyperscaler de

Today was closing arguments in the Musk v. Altman trial, and I almost feel bad writing about the unbelievable demolition derby I just witnessed. Steven Molo, Musk's lawyer, stumbled over his words. He

Liquid cooling system startup Iceotope Technologies Ltd. said today it has closed on a 26 million Series B round of funding as it strives to accelerate the adoption of its data center-focused hardware

Databricks announced expanded interoperability capabilities for Unity Catalog through open APIs, enabling third-party applications and platforms to integrate with and access Unity Catalog's data gover

Zaheer Kachwala / Reuters: Figma reports Q1 revenue up 46% YoY to 333.4M, vs. 313.2M est., and forecasts Q2 revenue above estimates, citing AI monetization; FIG jumps 8%+ after hours — Figma (FIG.N) r

Shares of Figma Inc. rose more than 12% in after-hours trading today after the design software company beat earnings and revenue expectations in its fiscal 2026 first quarter and raised its full-year

Christian Davies / Financial Times: Ford stock jumped as much as 25% in two days after the launch of Ford Energy, a new subsidiary providing battery storage capacity to AI data centers — New subsidiar

Today, we're announcing cross-account Athena access for Amazon Quick. With this feature, customers can query Athena data in other AWS accounts using AWS Identity and Access Management (IAM) role chain

Dell Technologies Inc.’s launch of the AI Factory two years ago this month was positioned by the company as “advancements to manage and protect the data that fuels AI innovation.” This one phrase enca

Graphon Inc., a startup with technology that makes artificial intelligence models better at processing large datasets, launched today with 8.3 million in funding. Novera Ventures led the seed round. I

The world of professional sports has seen many tech vendors cut sponsorship agreements with leagues and teams. The Women’s National Basketball Association and Amazon Web Services Inc. recently announc

In 2010, an engineer at a cloud-based business software company in India became enamored with an idea to build uncomplicated service software to deliver valuable customer and employee experiences and

A federal judge cast doubt on the motives behind the SEC's $1.5 million settlement over Elon Musk's Twitter purchase, suggesting the deal may have been crafted to avoid penalizing him personally . Jud

Microsoft Corp.-owned LinkedIn is about to lay off about 5% of its staff, according to report in Reuters today. Speaking on the condition of anonymity, a person familiar with the matter told Reuters t

Associated Press: Musk v. Altman: in closing arguments, Musk's attorney doubled down on claims of Altman's untrustworthiness, while OpenAI's lawyer said Musk has no evidence — Lawyers for Elon Musk an

AMD confirmed FSR 4 upscaling for RDNA 3 in July 2026 and RDNA 2 in early 2027 , addressing long-standing gamer frustration over the feature's initial exclusivity to newer RDNA 4 cards. AMD's team had

Artificial intelligence sovereignty is a growing topic of discussion as governments and enterprises increasingly see AI as strategic infrastructure with economic, security, intellectual property and o

Shares of the networking giant Cisco Systems Inc. soared 20% in extended trading today after it reported solid third-quarter earnings and revenue numbers and announced a new round of job cuts, saying

Aisha S Gani / Bloomberg: Riyadh-based Stitch, which develops software for banks and financial services companies, raised a $25M Series A led by a16z, its first investment in the Gulf — Andreessen Hor

Robert McMillan / Wall Street Journal: Security research firm Calif says it used Mythos to help build a macOS kernel memory corruption exploit circumventing Apple's Memory Integrity Enforcement tech —

Cyber risk management company SecurityScorecard Inc. announced today that it has acquired Driftnet Ltd., a U.K.-based internet scanning and threat intelligence startup, in a deal aimed at bolting real

Theo Wayt / The Information: Sources: 50+ researchers and engineers have left xAI since the SpaceX acquisition via layoffs, firings, and voluntary departures; many have joined Meta and TML — Call it t

George Hammond / Financial Times: Sources: Anthropic has agreed to the terms of a 30B fundraising at a 900B valuation, with Sequoia, Dragoneer, Greenoaks, and Altimeter co-leading the round — AI lab h

Kenza Bryan / Financial Times: Sources: climate watchdog SBTi drops proposed rules that would limit tech companies' claims that gas-fueled data centers are covered by clean energy investments — Corpor

Natasha Mascarenhas / Bloomberg: Sources: Joshua Kushner's Thrive Capital told its stakeholders that it has invested ~$100M in Shopify, framed as a bet on how AI could lead to gains in commerce — Josh

Forbes: Sources: xAI co-founder Igor Babuschkin plans to raise up to 1B at an up to 5B valuation for a new AI research startup, with General Catalyst possibly leading — He's the latest superstar AI re

Bloomberg: The Senate Banking Committee advances the Clarity Act, which would make CFTC the primary regulator for most digital assets while SEC oversees digital securities — Bitcoin climbed past $80,0

Mike Wheatley / SiliconANGLE: UK-based Iceotope, which develops data center liquid cooling tech, raised a 26M Series B co-led by Two Seas Capital and Barclays Climate Ventures — Liquid cooling system

When Oregon resident Isabelle Reksopuro heard Google was gobbling up public land to fuel its data centers in her home state, she didn't initially know what to believe. 'There's a lot of misinformation

Aptera Motors announced that five validation vehicles have been driven off its newly established low-volume validation assembly line in Carlsbad, California in May 2026. Running multiple vehicles thro

Ontario's auditor general found that AI note-taking tools intended for use by doctors provided incorrect and incomplete information or demonstrated 'hallucinations,' and were not evaluated adequately.

U.S. Space Command concluded its 'Apollo Insight' wargame in March 2026, with Russia's alleged nuclear anti-satellite capability as the focus scenario. Over 60 defense contractors, government agencies

Databricks has released general availability for attribute-based access control (ABAC) features in Unity Catalog, including row filtering and column masking policies that dynamically restrict data acc

Amazon is bringing Alexa Plus to Amazon.com, integrating its LLM-powered AI assistant directly into the company's shopping experience. Beginning today, when you type a query into Amazon, you'll be tal

Luz Ding / Bloomberg: Alibaba reports Q4 revenue up 3% YoY to ~35.8B, below ~36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI — Alibaba Group Holdi

During the ongoing OpenAI trial in Oakland, California, Elon Musk's lawyer portrayed Sam Altman as a liar untrustworthy with AI development , questioning Altman's credibility by asking about concerns

Amazon devices chief Panos Panay stated the company is 'not necessarily going after a phone,' after reports emerged of an AI-powered device codenamed Transformer. Panay acknowledged that mobile techno

Bloomberg: An analysis of Tokenomist.ai data: Trump family members made ~1.55B from sales of World Liberty Financial's WLFI tokens, lifting their total fortune by ~660M — Trump family members made rou

New York Times: Analysis: a16z is the largest known donor in the current US midterm election cycle, spending $115M+ so far on pro-crypto, pro-AI, or Republican Super PACs — The biggest donor in the mi

Winnie Hsu / Bloomberg: Analysis: contract prices for NAND chips are up 600%+ since late September 2025, while those for DRAM chips are up ~400%, with analysts expecting further gains — The worsening

Bloomberg: Analysts: China's AI hardware suppliers face capacity constraints and component shortages, including optical and electronic chips, that may limit 2026 growth — China's artificial intelligen

Financial Times: Analysts say AI fervor in the US and Asia has spread to Europe, boosting stocks like STMicro and Nokia as investors seek the AI boom's pick-and-shovel stocks — Investors hunt for winn

Sheera Frenkel / New York Times: Anduril raised a 5B Series H led by Thrive and a16z at a 61B valuation, up from 30.5B in June 2025, taking its total funding to 6.82B, and may IPO in 2027 — The start-