AI giant wafer chipmaker Cerebgas is raising its IPO price $185 per share instead of earlier $150-$160 price range. The order book was oversubscribed 20+ times. Bloomberg reports they are offering 30 ...

CME Group (CME), the derivatives marketplace, and Silicon Data, the AI compute market intelligence firm, will launch a first-in-class compute futures market later this year, pending regulatory review, ...

The idea of “compute futures” or even a “compute dollar” has moved quickly from scifi to serious discussion, largely because artificial intelligence has turned compute into a critical economic input.

The ripple effects of artificial intelligence on the economy are only expected to intensify, from job displacement to a shift in GDP from labor to capital. The unknowns are prompting some to revisit ...

Anthropic said it's forged a deal with SpaceX to use all of the compute capacity at the company’s Colossus 1 data center in Memphis, Tennessee. Elon Musk merged SpaceX and xAI earlier this year. Musk ...

Anthropic will use SpaceX’s Colossus 1 supercomputer to expand Claude capacity, while exploring future orbital AI compute infrastructure. AI used to live in the cloud. Now it is eyeing the sky.

In late March some of the heaviest users of Anthropic’s Claude large language models began posting screenshots of a strange new scarcity: they were reaching five-hour usage limits in 20 minutes.

Bottom line: Escalating demand for artificial intelligence is beginning to reshape how companies allocate their technology budgets, with compute costs in some cases outpacing traditional labor ...

The name Alpha Compute signals the Company's intent to lead the global race to build the AI infrastructure of the future. As artificial intelligence reshapes how the world stores, processes, and ...

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Once a $4 billion apparel juggernaut, Allbirds will rebrand as NewBird AI, a “GPU-as-a-Service” company. Hey, if you can't beat ’em, join ’em. On April 7, Allbirds sent out a press release celebrating ...