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CEREBRAS OPENAI DEAL
SpaceX debut draws a crowd, but few recent hot IPOs outpace the market- Nvidia Q1 earnings report preview: Can NVDA beat AI chip rivals AMD, Amazon, Google, and Cerebras again? The AI giant faces its most critical Wall Street moment of the year
- Cerebras shares skyrocket in debut as AI mania grips markets
- OpenAI chief Altman has over $2 billion stake in companies that dealt with OpenAI: court filingOpenAI CEO Sam Altman's significant investments in companies doing business with his AI firm have come under scrutiny. Court documents reve...14 May, 2026, 01.04 AM IST
- Cerebras to raise IPO price range to $150-$160 as demand surgesCerebras Systems plans to increase its IPO size and price. Demand for its artificial intelligence chips is surging. The company is consider...11 May, 2026, 06.21 AM IST
- OpenAI cofounder Greg Brockman discloses nearly $30 billion stake, financial ties to Sam AltmanCourt revelations show OpenAI President Greg Brockman holds a stake in the company worth almost $30 billion. He also has financial ties to ...05 May, 2026, 07.22 AM IST
- Cerebras targets $26.6 billion valuation in US IPO as AI chip demand surgesChipmaker Cerebras is aiming for a significant valuation in its US initial public offering. The company's advanced AI chips are in high dem...04 May, 2026, 05.45 PM IST
- Nvidia rival Cerebras discloses US IPO filing as AI boom drives listingsCerebras Systems revealed its filing for a US initial public offering on Friday, bringing the Nvidia rival closer to the public markets as ...18 Apr, 2026, 06.59 AM IST
- OpenAI to spend more than $20 billion on Cerebras chips, receive equity stake: The InformationOpenAI has reportedly agreed to a significant deal with chip startup Cerebras, potentially worth over $20 billion across three years. This ...17 Apr, 2026, 08.21 AM IST
- Bharti Airtel’s Nxtra gets $1 billion from Carlyle, Alpha WaveBharti Airtel is injecting one billion dollars into its data centre business, Nxtra Data Limited. Alpha Wave Global, Carlyle Group, and Anc...30 Mar, 2026, 09.48 PM IST
- Cerebras Systems, Amazon strike deal to offer AI chips on AWS cloudAmazon Web Services and Cerebras Systems have joined forces. They will combine their computing chips in a new service. This service aims to...13 Mar, 2026, 08.42 PM IST
- Nvidia plans new chip to speed AI processing: WSJNvidia plans to launch a new processor to help OpenAI and other clients run AI systems faster and more efficiently. The chip is for “infere...28 Feb, 2026, 09.50 AM IST
- Intel strikes deal with a chip startup its CEO invested inIntel, which has lagged in making chips for artificial intelligence, is turning for help to a startup that its CEO helps lead as an investo...26 Feb, 2026, 08.22 AM IST
- Chip startup Taalas raises $169 million to help build AI chips to take on NvidiaToronto-based chip startup Taalas said on Thursday it had raised $169 million and said it has developed a chip capable of running artificia...19 Feb, 2026, 10.00 PM IST
- Big exits at Peak XV; SC slams Meta, WhatsAppThree managing directors at Peak XV Partners have left the building to launch their own investment fund. This and more in today's ETtech To...03 Feb, 2026, 08.41 PM IST
- OpenAI is unsatisfied with some Nvidia chips and looking for alternatives, sources sayThe ChatGPT-maker's shift in strategy, the details of which are first reported here, is over an increasing emphasis on chips used to perfo...03 Feb, 2026, 07.40 AM IST
- Amazon in talks to invest billions in OpenAI, source saysBig Tech companies are racing to forge partnerships with OpenAI, betting that closer ties with the artificial-intelligence startup would gi...30 Jan, 2026, 08.45 AM IST
- Microsoft rolls out next generation of its AI chips, takes aim at Nvidia's softwareThe new "Maia 200" chip comes online this week in a data center in Iowa, with plans for a second location in Arizona, Microsoft said. It is...27 Jan, 2026, 07.01 AM IST
- OpenAI signs $10 billion computing deal with Nvidia challenger CerebrasThis deal is worth more than $10 billion over the life of the contract, according to a source familiar with the matter. The ChatGPT maker p...15 Jan, 2026, 08.44 AM IST
- Cerebras aims to deploy AI infrastructure for massive Stargate UAE data centre hubCalifornia-based Cerebras makes high-performance AI chips and systems designed to speed up the training and deployment of large AI models, ...13 Oct, 2025, 04.56 PM IST
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