Cerebras poised to rejuvenate sluggish IPO market, despite looming risks
Cerebras could restart a stagnant IPO market, but clear risks abound You know the feeling. You turn the key, the engine hums, you’re about to hit the road…and then the car stops. That’s sort of what’s happened in 2024, as the scattered IPOs of companies like Reddit and Astera Labs inspired hope that IPOs were […]
The Drama Surrounding Sam Altman’s Equity in OpenAI
Why Sam Altman owning equity in OpenAI is such a dramafest Will OpenAI CEO Sam Altman get a big stake in his company worth billions of dollars? If it were any other business, the answer would be a definite yes. Virtually every CEO, from day one, is awarded a large number of shares that could […]
Qualcomm and Intel Announce Collaboration, Microsoft Accelerates Development of Nuclear Technology
Good morning. Can we talk about how comedian John Mulaney roasted techies last week at Dreamforce? I’ve never witnessed such savagery at a corporate event: “Let me get this straight: You’re hosting a ‘future of AI’ event in a city that has failed humanity so miserably?” “You look like a group who looked at the […]
AI investors should prioritize focus, although their enthusiasm is not completely unwarranted.
AI investors need focus—but their exuberance isn’t entirely unjustified Perhaps no technology since the smartphone has taken the world by storm quite like generative AI (GenAI). The investment landscape has also reflected this fervor, with GenAI attracting over $25 billion in funding in 2023, mostly driven by mega-rounds for core infrastructure companies building the foundation models […]