Nvidia Corp. is in talks to invest in Perplexity AI Inc. at a valuation exceeding $30 billion, a more than 50% jump from the $20 billion valuation the AI search startup finalized about a year ago, acc…
Nvidia Corp. faces intensifying competition in the AI chip market, projected to exceed $1 trillion in revenue, as Amazon.com Inc., Google, Advanced Micro Devices Inc., and startups like Cerebras Syste…
London-based artificial intelligence startup Callosum Ltd. has raised $100 million in a seed investment led by Atomico, with participation from Plural, DCVC, and the UK Sovereign AI Fund, following a …
Cerebras Systems Inc. shares fell 17.8% in premarket trading on August 13, 2025, to $215.50, despite reporting Q2 core revenue of $209.9 million, up 103% year over year, and raising its full-year 2026…
Cerebras Systems Inc. reported a second-quarter adjusted loss of 5 cents per share, beating the forecast of a 17-cent loss, and core revenue of $210 million, up 50% year-over-year and above the $201 m…
The Trump administration plans to ease export restrictions on the United Arab Emirates, allowing the Gulf state to purchase advanced technologies including AI chips from Nvidia, AMD, and Cerebras. The…
OpenAI and Broadcom unveiled their first custom AI chip, Jalapeno, which shows cost savings of roughly 50% compared to typical AI GPUs. The chip is being tested and will be integrated into data center…