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
Microsoft's African data center falters on payment demands, Bloomberg News reportsMicrosoft's planned data center in Kenya faces delays. Disagreements with the Kenyan government over guaranteed payments have stalled the p...
10 May, 2026, 08.16 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
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
US close to letting UAE import millions of Nvidia's AI chips, sources sayUS president Donald Trump this week is on a tour of the Gulf region and on Tuesday announced $600 billion worth of commitments from Saudi A...
15 May, 2025, 08.40 AM IST
US weighs letting UAE buy over a million advanced Nvidia chipsThe Trump administration is negotiating a deal allowing the UAE to import over a million advanced Nvidia chips, bypassing Biden-era export ...
13 May, 2025, 09.31 PM IST
Advanced AI chips cleared for export to UAE under Microsoft dealThe US government has authorised the export of advanced artificial intelligence chips to a Microsoft-operated facility in the United Arab E...
08 Dec, 2024, 01.22 PM IST
UAE's AI firm G42 and Nvidia to team up on climate techThe UAE, led by government-backed G42, is investing heavily in AI to help diversify its economy away from oil and UAE-based companies have ...
20 Sep, 2024, 03.42 PM IST
Abu Dhabi-based G42 to double data centre capacity in IndiaG42 will invest in the project which was part of the Memorandum-of-Understanding (MoU) signed between the two government back in February 2...
11 Sep, 2024, 06.00 AM IST
US Republican lawmakers concerned over Microsoft-G42 AI deal, letter saysMichael McCaul and John Moolenaar of the House Foreign Affairs and Select Committee on China request a briefing on Microsoft's $1.5 billion...
11 Jul, 2024, 10.43 PM IST
Microsoft's UAE deal could transfer key US chips and AI technology abroadMicrosoft President Brad Smith revealed details of a deal with UAE-backed AI firm G42, potentially transferring AI technology components li...
25 May, 2024, 02.36 PM IST
US lawmaker calls for probe of UAE tech firm over China tiesMike Gallagher, the Republican chair of the House Select Committee on the Chinese Communist Party, raised concerns over an Emirati AI firm'...
10 Jan, 2024, 07.57 AM IST
AI company Cerebras Systems signs $100 million supercomputer deal with UAE's G42The deal comes as cloud computing providers around the world are searching for alternatives to chips from Nvidia Corp, the market leader in...
21 Jul, 2023, 11.46 AM IST
Abu Dhabi's G42 forms big data joint venture with Israeli defence company RafaelThe joint venture, called Presight.AI, will have a research and development site in Israel and will develop products for sectors including ...
19 Apr, 2021, 03.53 PM IST
New Abu Dhabi plant to produce COVID-19 vaccine from China's SinopharmThe plant, which is being built in the Khalifa Industrial Zone of Abu Dhabi (KIZAD), will eventually have a production capacity of 200 mill...
29 Mar, 2021, 12.37 PM IST
Trials of Russian COVID-19 vaccine Sputnik V begin in UAE as cases riseThe human trial, announced in October before the recent rise in cases, is initially seeking up to 500 volunteers to be vaccinated at a hosp...
07 Jan, 2021, 01.37 PM IST
UAE says Sinopharm vaccine has 86% efficacy against COVID-19An experimental coronavirus vaccine developed by China's Sinopharm has 86% efficacy against the virus, the United Arab Emirates health mini...
09 Dec, 2020, 12.02 PM IST