Author: franperez66q@protonmail.com
Cerebras prices IPO at $185 per share to raise $5.55 billion, sources say Source link
The Skydweller drone was last visible on the flight-tracking service Flight Radar 24 north of Cancun, Mexico, in the early morning hours of May 4. The company described the drone as eventually performing a “controlled water ditching” around 6:30 am Eastern Time, but the aircraft “subsequently sank due to its non-buoyant composite structure.” By the time it went under, the Skydweller drone had performed a record-breaking, solar-powered flight of eight days and 14 minutes—longer than any previous flights as either a drone or crewed aircraft. The company Skydweller Aero commemorated it as an “operational prototype” that had “validated the practical…
Health Secretary Wes Streeting leaves No 10 less than 20 minutes after arriving for a meeting with the prime minister. Source link
Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023.Justin Sullivan | Getty ImagesElon Musk’s courtroom battle with Sam Altman over the last couple weeks has primarily revolved around the evolution of OpenAI. But it’s also shined a light on the challenges that the rapid growth of artificial intelligence caused OpenAI’s closest partner: Microsoft. Discovery in the high-profile case showed that Microsoft CEO Satya Nadella was worried about OpenAI supplanting his company in the tech hierarchy as far back as April 2022, seven months before…
Cisco to cut about 4,000 jobs in AI-focused restructuring as orders surge Source link
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range, according to a person with knowledge of the matter. The deal comes as investors gear up for what’s expected to be a very busy year for new AI offerings. The IPO reeled in at least $5.55 billion for Cerebras, which is hitting the market during a silicon renaissance. Intel, Advanced Micro Devices and memory maker Micron are each up more than 80% in the past month, and have notched much more dramatic gains over the last year as investors…
Sir Keir battles to save his job, as Health Secretary Wes Streeting is thought to be plotting a leadership challenge potentially as early as Thursday. Source link
An Allegiant Air plane lands at Harry Reid International Airport on July 26, 2022, in Las Vegas.Chase Stevens | Las Vegas Review-Journal | Tribune News Service | Getty ImagesAllegiant Travel Co.’s acquisition of Sun Country Airlines closed on Wednesday, and the chief executive of the combined company, Greg Anderson, said Allegiant Air will continue to stand out despite industry turmoil, including a surge in jet fuel costs.”Our model was built to protect margins and not chase growth,” Anderson said in an interview with CNBC. The Las Vegas-based airline announced its $1.5 billion cash-and-stock agreement, including debt, to buy Minneapolis-based Sun…
PDF Solutions shares drop 6.9% after announcing stock offering Source link
In many ways, the Space Force has led the way in the Pentagon’s push for deeper partnerships with commercial industry. The Space Force has inked contracts with emerging space companies—non-traditional primes, in military contracting parlance—to buy services, manufacture satellites and payloads, and launch rockets. Commercial companies now or will soon provide the US military with not just communications and launch services, as they have for decades, but overhead imagery, navigation, refueling, weather data, and surveillance of other satellites in space, among other things. “I say often that I think US commercial space industry is a massive advantage for us in…