OpenAI will integrate 750 megawatts of ultra-low latency compute from chipmaker Cerebras to accelerate the response time of its artificial intelligence (AI) models. The capacity from the deal will come online in several stages, beginning this year and continuing through 2028, according to press releases...
There’s a chorus growing among companies that want to go public: Wait until next year. The 2024 initial public offering (IPO) market rebound that bankers and executives hoped for hasn’t been realized, leaving them to hold out hope for 2025, The Wall Street Journal reported...
For businesses at the forefront of their industries, artificial intelligence (AI) has become unavoidable. An unavoidable certainty, that is. That’s why, for the past five months, PYMNTS has been sitting down with different AI experts, innovators and entrepreneurs each week to get their thoughts on the...
Artificial intelligence compute products are in short supply and facing hot demand. Generative AI, which has moved at a rapid clip from corporate research laboratories and academic nonprofits to the forefront of the commercial landscape, has subsequently seen demand for AI application acceleration rise. “The...
February 09, 2024
Artificial intelligence compute products are in short supply and facing hot demand. Generative AI, which has moved at a rapid clip from corporate research laboratories and academic nonprofits to the forefront of the commercial landscape, has subsequently seen demand for AI application acceleration rise. “The ChatGPT light bulb went off in everybody’s head, and it […]
February 04, 2026
Artificial intelligence (AI) infrastructure builder Cerebras announced a funding round Tuesday (Feb. 3) that nearly tripled its valuation from four months earlier. The company raised $1 billion in a Series H funding round that valued it at $23 billion, Cerebras said in a Tuesday press release. The round was led by Tiger Global, according to […]
January 14, 2026
OpenAI will integrate 750 megawatts of ultra-low latency compute from chipmaker Cerebras to accelerate the response time of its artificial intelligence (AI) models. The capacity from the deal will come...
August 27, 2024
There’s a chorus growing among companies that want to go public: Wait until next year. The 2024 initial public offering (IPO) market rebound that bankers and executives hoped for hasn’t...