AI chip maker Cerebras Systems is heading to the Nasdaq under the ticker CBRS. The IPO roadshow kicks off Monday, with shares targeted between $115 and $125, Reuters reports, citing a person familiar with the matter.<br /> The article Cerebras targets $40 billion valuation in second IPO attempt appeared first on The Decoder. [...]
OpenAI on Thursday launched GPT-5.3-Codex-Spark, a stripped-down coding model engineered for near-instantaneous response times, marking the company's first significant inference partnership outsi [...]
Cerebras Systems has closed a financing round of over one billion dollars, valuing the AI chip startup at around 23 billion dollars. A recent ten billion dollar deal with OpenAI likely helped attract [...]
Dario Amodei is not the kind of CEO who talks loosely about numbers. The Anthropic co-founder and chief executive, a former VP of research at OpenAI with a PhD in computational neuroscience from Princ [...]
Three days after suggesting it might target up to $4bn at $40bn, the AI chipmaker has marketed 28 million shares at $115-$125 each, lining the deal up with its February private valuation rather than a [...]
Model providers want to prove the security and robustness of their models, releasing system cards and conducting red-team exercises with each new release. But it can be difficult for enterprises to pa [...]
Cutthroat capitalism sure does bring out the best in humanity. Take, for example, Elon Musk. He reportedly set a condition for banks, law firms, auditors and advisors who want to work on the SpaceX IP [...]
In short: Anthropic has received investor offers valuing the company at approximately $800 billion, more than doubling its $380 billion valuation from a $30 billion funding round closed just two month [...]