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‘Not Nvidia’: Cerebras CEO reveals strategy to break AI giant’s grip

Nvidia may dominate the artificial intelligence (AI) hardware market, but Cerebras Systems doesn’t want to work with the chip giant. The $95 billion AI chip company is positioning itself as a partner to companies looking to build AI infrastructure outside its ecosystem. Speaking at the recent Bloomberg Tech conference in San Francisco, Cerebras CEO Andrew Feldman said the AI chipmaker is working with every major hardware manufacturer in the industry except Nvidia as it expands partnerships...

Times of India 23h ago

Jim Cramer's top 10 things to watch in the stock market Monday

My top 10 things to watch Monday, June 8 1. The S & P 500 and Nasdaq are headed for higher opens as chipmakers rebounded following Friday's brutal selloff . Club holdings Nvidia and Broadcom are jumping nearly 2.5% and 3.3%, respectively.

CNBC 1d ago

MiMo-v2.5-Pro-UltraSpeed: 1T model with 1000 tokens per second

From the first roaring racer of the combustion age to the sonic boom that shattered the sound barrier, humanity's hunger for speed is written into our very DNA. The speed of AI reasoning is no different — it defines the boundaries of intelligence itself. When a model is fast enough, it ceases to be a tool you wait on and becomes an extension of your own thinking: responding in real time, iterating in an instant, collaborating without friction.

Hacker News 1d ago

Upstart chipmakers keep challenging Nvidia. This time it's Microsoft-backed D-Matrix

In the increasingly competitive AI chip market, there's another startup in production that claims an advantage over Nvidia, the world's most valuable company. D-Matrix, located three miles away from Nvidia's Silicon Valley headquarters, says its chips can run inference workloads 10 times faster and using five times less energy than a standalone graphics processing unit from the market leader — as long as the workloads are small. The new inference chip, called Corsair, takes a novel approach...

CNBC 21h ago

Cerebras shares climb as Wall Street brokerages back AI chip strategy

Cerebras shares climb as Wall Street brokerages back AI chip strategy June 8 : Cerebras shares gained on Monday as multiple Wall Street firms initiated coverage with bullish calls after the quiet period, backing the chip designer's unconventional AI strategy more than three weeks after its strong debut. Shares of the company rose 5.5 per cent in premarket trading, with at least nine brokerages — including IPO bookrunners Morgan Stanley, Citigroup, Barclays and UBS — initiating coverage of...

Channel News Asia 1d ago

AI Is Slowing Down

If you liked this piece, you should subscribe to my premium newsletter. It’s $70 a year, or $7 a month, and in return you get a weekly newsletter that’s usually anywhere from 5,000 to 18,000 words, including vast, detailed analyses of NVIDIA, Anthropic and OpenAI’s finances, and the AI bubble writ large (updated to version 3.0 last week). My Hater's Guides To the SaaSpocalypse, Private Credit and Private Equity are essential to understanding our current financial system, and my guide to how...

Hacker News 1d ago

Human-Like Neural Nets by Catapulting

Human-like Neural Nets by Catapulting Speculative proposal to create artificial neural nets with human-like performance by high-learning-rate/regularization training of overparameterized NNs to trigger catapulting/grokking. Over-parameterization as a route to true generalization would resolve many outstanding mysteries of artificial versus natural intelligence. There are many mysteries about deep learning and human intelligence, but we could describe the biggest anomaly this way: why are...

Hacker News 3d ago

Intel and pals cram 36,864 CPU cores into a 100kW rack while chasing the agentic AI dragon

Intel is working with Foxconn and other infrastructure providers to develop rack-scale reference designs based on the chipmaker’s Xeon processors. Announced during Intel’s Computex keynote on Tuesday, these blueprints aim to provide greater CPU compute densities for running AI agents at scale. While AI models predominantly run on GPUs and other AI accelerators, the agent harnesses, like OpenClaw, which are used to connect them to tools, terminal shells, code interpreters, and other APIs,...

The Register 8d ago