Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood
In its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, scaring investors.
Investing in the real world was lonely for Lior Susan 10 years ago. Now his firm finds itself at the center of the tech world’s action.
Abu Dhabi-based tech company G42 has partnered with U.S.-based chipmaker Cerebras to deploy eight exaflops of compute through a new system in India
OpenAI calls the new coding tool the “first milestone” in its relationship with the chipmaker.
Benchmark Capital has been an investor in the Nvidia rival since 2016.
The collaboration will help OpenAI models deliver faster response times for more difficult or time consuming tasks, the companies said.
Cerebras initially filed to go public in September 2024 but ran into several regulatory delays due to foreign investments.