AI chipmaker Cerebras files to go public after scrapping IPO plans last year

[ad_1] Cerebras, a producer of chips that run artificial intelligence models, on Friday filed to go public on Nasdaq under the ticker symbol “CBRS.” Cerebras reported a $87.9 million in net income on $510 million in revenue during 2025, according to Friday’s filing. Revenue grew nearly 76% from 2024, when the company had a $485 […]

NAACP sues Elon Musk’s xAI over Memphis data center air pollution

[ad_1] Gas turbines are visible at an xAI data center on Riverport Rd in Memphis, TN on April 25, 2025. Brandon Dill | The Washington Post | Getty Images The NAACP filed a lawsuit against Elon Musk’s xAI on Tuesday, accusing the artificial intelligence company of violating the Clean Air Act with its use of […]

OpenAI announces first permanent London office after halting UK Stargate project

[ad_1] OpenAI has announced it’s opening its first permanent London office with a capacity of over 500 team members, after the company halted a major AI infrastructure project in the U.K. The U.S.-based AI firm said it had signed the lease for an 88,500 square foot space on Monday. In February OpenAI announced it would […]

Vibe check from inside one of AI industry’s main events: ‘Claude mania’

[ad_1] Samuel Boivin | Nurphoto | Getty Images If one thing became clear at the HumanX conference in San Francisco this week, where 6,500 executives, founders and investors gathered to talk about artificial intelligence, it’s that OpenAI no longer dominates the conversation in their industry. For now, at least, that distinction belongs to Anthropic. Anthropic’s […]

Meta’s long-awaited AI model is finally here. But can it make money?

[ad_1] Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Almost 10 months after Meta spent billions of dollars to bring in Scale […]

Meta debuts new AI model, attempting to catch Google, OpenAI after spending billions

[ad_1] Meta is debuting its first major artificial intelligence model since the costly hiring of Scale AI’s Alexandr Wang nine months ago, as the Facebook parent aims to carve out a niche in a market that’s being dominated by OpenAI, Anthropic and Google. Dubbed Muse Spark and originally codenamed Avocado, the AI model announced Wednesday […]