Tech companies are laying off tens of thousands of workers at a record pace, citing AI as the primary reason, but critics including Marc Andreessen argue AI is a convenient excuse for pandemic-era ove…
Cerebras Systems has developed AI chips that rival Nvidia's GPUs in performance, as demonstrated in a new video. The breakthrough positions Cerebras as a strong competitor in the AI hardware market, c…
Cerebras Systems CEO Andrew Feldman announced a "non-Nvidia" alliance at the Bloomberg Tech conference on June 3, declaring the company will partner with every major AI data center component supplier …
Cerebras Systems completed its initial public offering on the NASDAQ, raising $5.55 billion by floating 215.23 million shares at $185 each, with shares closing at $311 for a public market capitalizati…
Cerebras Systems plans to raise the size and price of its initial public offering as soon as Monday, with a new price range of $150-$160 per share, up from $115-$125, and an increase in marketed share…