The Second Time Will Be The IPO Charm For Cerebras
…With a valuation of $4 billion, it was time. Particularly because 85 percent of the company’s revenue in 2024 was being driven by one lighthouse customer: Group 42, the Arabic AI…
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Microsoft's AI data center push is colliding with its clean power goals | TechCrunch
Microsoft is weighing whether to delay or scale back one of its most ambitious clean energy goals as its rapid buildout of AI data centers puts pressure on its ability to meet…
OpenAI could cut ChatGPT prices to win you over from Claude
…That success has apparently helped boost Anthropic’s revenue and even helped the startup eclipse OpenAI’s valuation at one point. Since then, OpenAI has intensified its coding ambitions , placing greater internal…
Jeff Bezos's Prometheus raises $12B to build an 'artificial general engineer' for the physical world | TechCrunch
…The ambition is sweeping: replace large swaths of engineering work with AI. Although the startup will automate many aspects of an engineer’s job, Bezos told CNBC that the productivity gains AI…
Intel Ex-CEO Pat Gelsinger Says America Cannot Win the Chip Race With Wall Street’s "Short-Termism"
Intel's former CEO, Pat Gelsinger, has spoken about the company during his tenure, saying that Wall Street's expectations had stalled his manufacturing ambitions. The US semiconductor industry has seen dramatic…
Startup Battlefield 200 applications close May 27 | TechCrunch
…Who should apply? We’re looking for ambitious early-stage startups building innovative, potentially category-defining products. Applications are open globally across all industries. Most selected companies are pre-Series A, though…
Samsung meeting transcripts show memory workers offered incredible 607% bonus worth $477,000, while logic chip staff get as little as 50% — union says misbalance 'creates a retention crisis the company cannot afford'
…That integrated model underpins a long-standing ambition to challenge TSMC in contract chipmaking by 2030, backed by more than $116 billion in planned investment . But the bonus disparity exposed in the…
xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from over | TechCrunch
…While AI competitors OpenAI and Anthropic are also eyeing public debuts in 2026, SpaceX’s is expected to be one of the largest in history with a potential $1.75 trillion valuation…
SpaceX just filed for what could be the biggest IPO ever
…For months, rumors have swirled that SpaceX was preparing a historic market debut, with whispers of a $1.75 trillion valuation and a record-shattering $75 billion raise. Now that the paperwork…
TikTok now wants to be the place you book the trip you just saw on TikTok | TechCrunch
…time that TikTok has enabled in-app booking, even if it's a far more ambitious undertaking. The company also partnered with Ticketmaster back in 2022 to allow users to discover and…