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Cerebras says its chips run a trillion-parameter AI model nearly 7 times faster than GPU clouds
Less than a week after completing the largest tech IPO of 2026, Cerebras Systems is making its most aggressive play yet to dominate the fast-growing AI inference market. On Monday, the Sunnyvale-based [...]
Trump administration official says some CHIPS Act companies won't need to give up equity
Last week, the Trump administration said it might take a stake in Intel in exchange for the $10.86 billion in federal grants the company is receiving from the Chips and Science (CHIPS) Act. However, n [...]
Musk's Starlink stands to benefit from changes to a broadband equity program
Another day, another move from the Trump administration that will benefit Elon Musk — shocking. The US Department of Commerce has announced an overhaul of 2021's Broadband Equity, Access, and D [...]
Vimeo lays off most of its staff just months after being bought by private equity firm
Vimeo just got hit by a brutal round of layoffs, according to a report by Business Insider. Staffers are posting on various social media sites that the layoffs have impacted most of the company, inclu [...]
Ascentra Labs raises $2 million to help consultants use AI instead of all-night Excel marathons
While artificial intelligence has stormed into law firms and accounting practices with billion-dollar startups like Harvey leading the charge, the global consulting industry—a $250 billion behemothâ [...]
Alphabet just raised $85 billion for AI, smashing the largest equity offering in history
The public markets have been asked whether they believe in AI, and they have answered with $85 billion. Alphabet’s record-shattering equity offering, which priced on 2 June, is not just the largest [...]