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G42

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More tagged G42

Cerebras IPO targets $26.6B valuation with OpenAI holding warrants on 33M shares
Business

Cerebras IPO targets $26.6B valuation with OpenAI holding warrants on 33M shares

The Wafer-Scale Engine 3 maker is pricing 28 million shares at $115 to $125, with banks already fielding $10 billion in orders.

Jaeden Schafer5 min read
Pure DC pauses Middle East data center buildout after Iranian drone strike
Business

Pure DC pauses Middle East data center buildout after Iranian drone strike

Iranian missile and drone attacks have damaged AWS, Oracle, and Pure DC sites, freezing a trillion-dollar Gulf AI data center plan.

Jaeden Schafer5 min read
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