Cerebras Systems shares rose after the company announced a partnership with Advanced Micro Devices to combine their technologies for artificial intelligence systems, according to CNBC.…
AMD and Cerebras Systems announced a technical partnership to develop a joint Helios rack-scale AI inference platform, integrating Cerebras' Wafer-Scale Engine with AMD's Helios system to deliver up t…
CrowdStrike partnered with AI chip maker Cerebras Systems to use Cerebras's wafer-scale CS-3 systems for AI inference in CrowdStrike's Falcon AIDR cybersecurity services, marking Cerebras's first secu…
AMD and Cerebras Systems announced a technical partnership to deliver a disaggregated AI inference solution combining AMD Helios rackscale solutions with the Cerebras Wafer-Scale Engine, expected to b…
AMD and Cerebras Systems announced separate AI chip deals on Monday, with AMD securing a $1.5 billion contract from an unnamed hyperscaler and Cerebras landing a $100 million agreement with a Middle E…
CrowdStrike and Cerebras Systems announced a partnership on July 22 to enhance AI security, with CrowdStrike deploying its Falcon AIDR models on Cerebras' inference hardware to accelerate threat detec…
JPMorgan CEO Jamie Dimon said on CNBC that companies are becoming more rational about AI spending, focusing on token costs and return on investment. Dimon noted that businesses are already routing que…
Cerebras Systems CEO Andrew Feldman revealed a $25 billion backlog of orders, anchored by a $20 billion deal with OpenAI, as the AI chipmaker struggles to meet demand due to supply chain constraints. …
Cerebras Systems announced plans to deploy 200 megawatts of AI compute capacity across Europe by 2027, with initial capacity online by late 2026. The build-out, spanning France, Norway, and Finland, w…
OpenAI previewed its GPT-5.6 model family on June 26, 2026, with the flagship Sol variant targeting 750 tokens per second via a partnership with Cerebras Systems. Cerebras' wafer-scale compute could o…
NYSE president Lynn Martin expressed optimism about the stock market and economy, citing strength across all sectors and a surge in IPO activity as companies like Anthropic, OpenAI, and SpaceX prepare…
The US IPO market posted its biggest quarter ever in Q2 2026, raising $104.8 billion across 48 offerings, led by SpaceX's $75 billion IPO. The quarter saw no crypto or blockchain listings, with AI and…
Cerebras Systems shares plunged up to 20% on June 24 after its first earnings report as a public company revealed a gross margin forecast of 38-41% for 2026, far below Nvidia's mid-70% margins, despit…
Cerebras Systems' stock plunged after its first earnings report forecasted narrower gross margins, highlighting the AI chip business's dependence on margins over hype. The market reaction underscores …
Cerebras Systems shares fell below their $185 IPO price to around $182 on June 24 after the AI chip designer issued disappointing earnings guidance, including a forecast for Q2 core gross margins of 3…
Cerebras Systems shares plunged nearly 20% on Wednesday after the AI chipmaker forecast a narrower gross margin of 38% to 41% for the full year, compared to 47% in Q1, despite beating first-quarter ea…
Wall Street stocks showed mixed results on Wednesday, with the Dow rising 486 points intraday but the Nasdaq closing down 0.6% amid a two-day slide of over 4%, as AI-related stocks like Micron and Cer…
Cerebras Systems reported $193.4 million in first-quarter revenue, beating analyst expectations of $181.2 million, but shares fell over 9% in after-hours trading as investors focused on projected nega…
AI chip startup Cerebras Systems beat its first-quarter sales target and issued higher guidance, signaling strong demand for its specialized processors used in training large language models.…
SpaceX's June 12 IPO left a record $16.7 billion on the table, nearly triple the previous record, as shares rose 19% on the first day. The foregone capital could have funded the company's AI growth en…