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…
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 Images Elon 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…
As the ransomware industry evolves, experts are predicting hackers will only continue to find more and more ways of using the technology to exploit businesses and individuals. Seksan Mongkhonkhamsao | Moment | Getty Images Palo Alto Networks tech chief Lee Klarich said companies are losing time to step up software defenses as hackers increasingly exploit…
An Amazon device is displayed at an Amazon Devices launch event in New York City on Feb. 26, 2025. Brendan McDermid | Reuters Amazon is axing its Rufus chatbot and making its Alexa assistant the centerpiece of its artificial intelligence shopping strategy. The company on Wednesday launched Alexa for Shopping, an e-commerce bot that can…
Opposition to President Donald Trump‘s plan for a gas tax holiday to ease cost-of-living concerns is coming not just from his political foes, but also from the Republican-leaning trucking and construction sectors. Those industries rely heavily on the road and transportation infrastructure projects funded by the federal gas and diesel taxes. “A gas tax holiday…
A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Waymo is recalling about 3,800 robotaxis in the U.S. to fix software issues that could allow them to “drive onto a flooded roadway,” according to a letter on the National Highway Traffic Safety Administration’s website. The…
US President Donald Trump speaks during a maternal healthcare event in the Oval Office of the White House in Washington, DC, US, on Monday, May 11, 2026. Aaron Schwartz | Bloomberg | Getty Images President Donald Trump said Monday that U.S. arms sales to Taiwan and the imprisonment of Hong Kong media tycoon Jimmy Lai…
Boonchai Wedmakawand | Moment | Getty Images Google’s Threat Intelligence Group said in a report on Monday that it thwarted an effort by hackers to use artificial intelligence models to “plan a mass vulnerability exploitation operation.” GTIG said it has “high confidence” that it recorded hackers using an AI model to find and exploit a zero-day…
Microsoft CEO Satya Nadella passes through security at the federal courthouse during proceedings in the trial over Elon Musk’s lawsuit against OpenAI in Oakland, California, on May 11, 2026. Karl Mondon | AFP | Getty Images Microsoft CEO Satya Nadella took the stand to testify in the Musk v. Altman trial in federal court in…
Late. Late. Late. That’s how I felt when I saw the Roundhill Memory ETF — symbol DRAM, of course — take in more than $5 billion in a month. Super late when I saw it took in $1.1 billion on Thursday alone, all to play what the press is hailing as the memory supercycle. But…
