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Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Coinbase says Trump’s SEC has ended its enforcement case against the crypto company
Coinbase says that the SEC has agreed to end an enforcement case that accused it of illegally running an unregistered securities exchange. This could signal a major change in how the US government wil [...]
SpaceX's Grok 4.5 launches at half the price of rivals — here's why that could rattle Anthropic and OpenAI
Elon Musk's SpaceX released Grok 4.5 on Wednesday, the first artificial intelligence model the company has trained specifically for coding and autonomous agents — and the first tangible product [...]
SEC lawsuit claims Musk gained over $150 million by delaying Twitter stake disclosure
After a more than two-year investigation, the Securities and Exchange Commission has sued Elon Musk over his delayed disclosure of the Twitter stock he amassed before announcing his intention to acqui [...]
Sen. Warren: Big Tech's tax breaks could have covered benefits for millions of Americans
Data can paint a much starker contrast than words alone, and US Senator Elizabeth Warren (D-MA) appears to get that. On Friday, her office published numbers on Big Tech's tax breaks in Republican [...]
Orbital AI data centers could work, but they might ruin Earth in the process
At the start of the month, Elon Musk announced that two of his companies — SpaceX and xAI — were merging, and would jointly launch a constellation of 1 million satellites to operate as orbital d [...]
Anthropic launches Claude Sonnet 5 at a steep discount to its top model as the company races toward a blockbuster IPO
Anthropic today released Claude Sonnet 5, a new AI model that the company says delivers near-flagship performance at mid-tier prices — a move designed to give cost-conscious enterprise developers ac [...]