Cerebras IPO has ‘too much hair’ as chipmaker tries to take on Nvidia

Cerebras IPO has ‘too much hair’ as chipmaker tries to take on Nvidia

Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision | Getty Images AI chipmaker Cerebras is trying to be the first major venture-backed tech company to go public in the U.S. since April and to capitalize on investors’ insatiable … Read more

Nvidia dominates the AI chip market, but there’s rising competition

Nvidia dominates the AI chip market, but there’s rising competition

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024.  David Paul Morris | Bloomberg | Getty Images Nvidia’s 27% rally in May pushed its market cap to $2.7 trillion, behind only Microsoft and Apple among the most-valuable … Read more