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Cerebras, an AI Chipmaker Trying to Take On Nvidia, Files for an IPOCerebras, a chip startup aiming to rival Nvidia, is planning its stock market debut, marking a notable IPO in the AI sector. The company re...
Cerebras, an AI chipmaker trying to take on Nvidia, files for an IPOCerebras, based in Sunnyvale, California, unveiled its investor prospectus Monday, taking an important step toward listing its shares on th...
SoftBank books small quarterly profit, unveils $3.4 billion buybackJapanese technology investor SoftBank Group logged 10.4 billion yen ($70.7 million) in net profit, better than a loss of 316.2 billion yen ...
SoftBank seen posting modest profit in Q1, buyback potential in focusSoftBank Group, facing investor pressure, is set to announce its first-quarter profit. There is speculation about a major share buyback, dr...
SoftBank sells off Vision Fund assets as Son pivots to AI, chipsSoftBank is shifting focus to AI and semiconductors, while its Vision Fund is selling stakes or writing down billions of dollars worth of i...
Nvidia rival Graphcore in need of funding as losses mountGraphcore produces AI chips called intelligence processor units (IPUs) that aim to take on Nvidia. It reported pre-tax losses widened 11% t...
SoftBank seeks OpenAI tie-up as Masayoshi Son plans deal spree after Arm IPOSoftBank is looking for deals in artificial intelligence, including a potential investment in OpenAI, after the blockbuster listing of its ...