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INSANE: 2 | Rare Historical Photos

India crowns Meta AI; More layoffs hit tech

India is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.

The Economic Times

Buying CBRS Stock After the Cerebras IPO Is a Bet on Engineering Magic. That Same Magic Could Be the Kiss of Death.

The Cerebras IPO is the most significant debut in the semiconductor industry since Arm.

Barchart

US chip start-up Cerebras to raise $5.5 billion in IPO

Cerebras Systems is set to launch its IPO on Wall Street at $185 per share, aiming to raise approximately $5.5 billion and valuing the company at over $55 billion. This marks the largest US IPO this year, with the chip startup specializing in wafer-scale processors crucial for AI development.

The Economic Times

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OpenAI chief Altman has over $2 billion stake in companies that dealt with OpenAI: court filing

OpenAI CEO Sam Altman's significant investments in companies doing business with his AI firm have come under scrutiny. Court documents revealed stakes worth over $2 billion. State attorneys general and Elon Musk have raised self-dealing claims. A congressional investigation is also underway. Altman has denied wrongdoing, stating he recused himself…

The Economic Times

Dear Future Cerebras (CBRS) Stock Fans, Mark Your Calendars for May 14

Cerebras is nearing its debut with investor appetite surging and valuation estimates suddenly wearing much bigger shoes.

Barchart

Energy Leads S&P 500 to Another New High: Stock Market Today

Peace in the Middle East appears to be a distant prospect, but investors, traders and speculators are focusing on other fundamental factors.

Kiplinger

Cerebras IPO: Should You Buy CBRS Stock?

The Cerebras IPO is one of the biggest offerings of the year so far, with the AI company making its market debut on Thursday, May 14.

Kiplinger

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Cerebras to raise IPO price range to $150-$160 as demand surges

Cerebras Systems plans to increase its IPO size and price. Demand for its artificial intelligence chips is surging. The company is considering a higher share price and more shares for its public offering. This move follows strong adoption of AI technology. Cerebras' processors are in high demand for AI model…

The Economic Times

The Elon Musk-OpenAI trial is producing more heat than light in the debate over who should control AI

The trial has had a few bombshell moments, but is unlikely to impact where AI is heading—or who controls it.

Fortune

Cerebras files for IPO — company remains unprofitable despite 20x revenue growth

Cerebras' sales hit half a billion dollars in 2025, but 86% of its revenue comes from Abu Dhabi-based G42 and Mohamed bin Zayed University of Artificial Intelligence, which represents major risks.

Tom’s Hardware

Nvidia Groq 3 LPU and Groq LPX racks join Rubin platform at GTC — SRAM-packed accelerator boosts 'every layer of the AI model on every token'

At GTC 2026, Nvidia revealed the Groq 3 accelerator and Groq LPX rack as part of the Vera Rubin platform. These SRAM-packed, inference-focused chips deliver large amounts of memory bandwidth to help Rubin deliver low-latency interactions with AI models spanning trillions of parameters and million-token contexts.

Tom’s Hardware

US gov't revokes controversial AI hardware export rule that would mandate investments from foreign companies — new export rules are still in the works, though

U.S. Department of Commerce withdraws draft export rule for AI accelerators that would give the U.S. government ultimate power over export controls and mandate investments of foreign firms in the U.S. AI sector.

Tom’s Hardware

US Commerce Department confirms harsh new AI export rules, shoots down reports over the return of Biden-era AI Diffusion rule — DoC to formalize a new approach to strategic AI accelerator export controls

The U.S. Commerce confirms work on new export regulations for AI accelerators, but implies they will not resemble the ill-fated AI Diffusion Rule.

Tom’s Hardware

Before Cerebras, there was Amdahl: How legendary US engineer was way ahead of his time with wafer-scale integration and plotted supercomputer performance for the humble PC 43 years ago

How Gene Amdahl turned IBM’s mainframe blueprint into a rival empire — and gambled on wafer-scale silicon decades before the AI era made it viable.

TechRadar

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Fortune

Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to success

Jeff Bezos, founder of retail giant Amazon, which just topped the Fortune 500, is dismissive of the word “balance”—and he’s not alone.

Tom’s Hardware

OpenAI launches GPT-5.3-Codex-Spark on Cerebras chips — marks AI giants first production deployment away from Nvidia

OpenAI on Thursday released GPT-5.3-Codex-Spark, its first AI model served on chips from Cerebras Systems, marking the ChatGPT maker’s first production deployment on non-Nvidia silicon.

Fortune

After Nvidia’s Groq deal, meet the other AI chip startups that may be in play—and one looking to disrupt them all

Nvidia’s $20 billion Groq deal signals that AI inference—not training—will be the big focus going forward, lifting a crop of chip and software startups while reigniting debate over how long Nvidia's dominance can last.

TechRadar

Adobe faces class action lawsuit after allegedly misusing authors work in AI training

Oregon author is proposing a class action lawsuit against Adobe for pirating books to train its SlimLM small language models.

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Fortune

It’s not 40 hours—Gen Zers don’t know how long they need to work in a week and even experts can’t decide

Cerebras CEO says entrepreneurs should work "every waking minute," and Google's Sergey Brin told Gemini staffers a 60-hour workweek is the “sweet spot”—but experts say that’s outrageous.

Fortune

Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to success

Jeff Bezos hates the word ‘balance’—and he’s not alone. Reid Hoffman says chasing it means you’re not serious about winning, while other billionaire CEOs argue it’s incompatible with success.

Fortune

CEO of $8 billion AI company says it’s ‘mind-boggling’ that people think you can work 38 hours a week, have work-life balance, and be successful

Cerebras cofounder Andrew Feldman warned aspiring entrepreneurs they need to be working “every waking minute,” echoing the likes of Zoom CEO Eric Yuan and LinkedIn’s Reid Hoffman.

Benzinga

Nvidia Competitor Cerebras Shelves IPO Plans Days After Touching $8 Billion Valuation

Artificial intelligence chipmaker Cerebras Systems scrapped plans for an IPO on Friday, days after the company announced a fresh fundraising round that sent its valuation up to $8 billion.

Fortune

Tech industry insiders share their picks for the next startups to ride the IPO wave after Figma’s blockbuster debut

There’s a long list of late-stage VC-backed tech companies with strong customer bases that investors hope will be enticed to make the leap after Figma's success.

TechRadar

Pizza-sized chips are the future of AI accelerators, researchers concur - but heat remains a huge problem

New study shows wafer-scale processors may outperform GPUs in both computing power and sustainability.

TechRadar

World's largest AI chip maker hit by crypto scam - Cerebras says token isn't real, so don't fall for it

$CEREBRAS is not a legitimate cryptocurrency – Cerebras' X account got hacked to push a fake coin, execs confirm.

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