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Nokia launches AI networking innovation lab to accelerate AI native data center infrastructureNokia has launched an AI Networking Innovation Lab to accelerate AI-native data center infrastructure and next-generation networking techno...- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- LinkedIn layoffs: Over 600 employees to lose jobs as company restructures operationsLinkedIn has laid off 606 employees, impacting roles across marketing, engineering, and product. This restructuring, aimed at creating agil...
- Cerebras shares skyrocket in debut as AI mania grips marketsCerebras Systems, a chip designer, saw its shares surge 89% on its Nasdaq debut, raising $5.55 billion. The company's innovative wafer-scal...
- CBRS stock on Nasdaq: Cerebras makes U.S. Stock Market debut. Should you buy, invest in chipmaker shares?Cerebras starts trading on Nasdaq Global Select Market on Thursday under the ticker symbol 'CBRS'.
- US chip start-up Cerebras to raise $5.5 billion in IPOCerebras Systems is set to launch its IPO on Wall Street at $185 per share, aiming to raise approximately $5.5 billion and valuing the comp...
- 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...
- 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...
- AI chipmaker Cerebras is said to target up to $4 billion in IPOAI chipmaker Cerebras Systems is preparing for a massive initial public offering. The company aims to raise up to four billion dollars, val...
- 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 ...
- 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 ...
- Meta layoffs affected employees and regions: Who will be affected and when? Job cuts timeline, impacted teams, roles, hiring plansMeta layoffs affected employees and regions as Meta prepares to cut about 200 jobs in Silicon Valley in late May. The layoffs target sales,...
- Meta layoffs: around 200 employees to be terminated by Facebook, Instagram parent amid AI pushMeta layoffs 2026: Meta plans to cut around 200 jobs in Silicon Valley, adding to recent layoffs across teams like recruiting and Reality L...
- Activist Elliott takes multibillion-dollar stake in Synopsys, source saysSunnyvale, California-based Synopsys, valued at over $80 billion, has for decades been one of the main suppliers of software used in determ...
- Apple spends half a billion dollars on California real estate in a week — is Tim Cook planning something big?Apple has acquired a major two-building office campus in Sunnyvale for an impressive $350 million, according to county records filed on Jun...
- Nearly 20 thieves use sledgehammers to rob Pune-based PNG Jewellers outlet in USA; video goes viralIn a startling incident, a gang of 20 thieves employed sledgehammers to carry out a robbery at a jewellery store in Sunnyvale, California, ...
- Yahoo starts fresh layoffs; India operations will be reduced to support functionsWhile senior executives will be offered a position in Sunnyvale, a majority have been handed pink slips, said a source.
- Yahoo! buys display ad firm DapperFrank Weishaupt, a Yahoo! vice president, said the acquisition of Dapper "will help Yahoo! to more efficiently deliver dynamic and personal...
- Yahoo! clears way to buy back $3 bn of stockYahoo! has set the stage to buy back three billion dollars worth of its stock in the coming three years, according to a filing Wednesday wi...
- Yahoo names new chief technology officerYahoo has promoted one its top engineers, Raymie Stata, to the role of chief technology officer.
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