AI chipmaker Cerebras files for IPO to take on Nvidia
Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering, with plans to trade under the ticker symbol "CBRS" on the Nasdaq.
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Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering, with plans to trade under the ticker symbol "CBRS" on the Nasdaq.
Meta announced the Quest 3S, the latest virtual reality headset to come out of the company's Reality Labs division and a cheaper offering than its predecessor.
It was quite a week for Intel.
Apple on Monday released iOS 18, the latest version of its software for iPhones.
Adobe reported third-quarter results on Thursday that beat Wall Street expectations for sales and earnings, but the stock slid 10% in extended trading on fourth-quarter guidance that came up short.
Nvidia on Wednesday denied reports it received a subpoena from the Department of Justice over antitrust concerns.
Nvidia plunged 9.5% on Tuesday, wiping nearly $300 billion off the chipmaker's market cap and pulling chip stocks down with it.
Nvidia shares fell 2% in extended trading after Bloomberg reported that the company received a subpoena from the Department of Justice as part of an antitrust investigation.