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IPO
2 briefs
power 2026-05-11
Cerebras Is Pricing Its IPO at $150 a Share. The Market Thinks It Will Open Worth $50 Billion.
20x oversubscribed, backed by OpenAI and AWS, the AI chipmaker claims its wafer-scale processor beats Nvidia at inference. That claim is the entire bet.
conflict 2026-05-04
Musk Vs. OpenAI: The Evidence That Could Sink Him Is His Own Text Message
Brockman is on the stand. Musk's pre-trial threat to make Altman 'the most hated man in America' may now be admissible. The lawsuit just shifted from charity law to motive.