(Reuters) -OpenAI (OPAI.PVT) CEO Sam Altman has embarked on a global fundraising initiative spanning East Asia and the Middle East, seeking financing and manufacturing partners to meet the company's demand for its computing capacity, the Wall Street Journal reported on Saturday, citing sources familiar with the meetings. Altman has held discussions since late September in Taiwan, South Korea, and Japan with major suppliers such as Taiwan Semiconductor Manufacturing, Foxconn, Samsung, and SK Hynix to boost ...

A multibillion-dollar deal to send Nvidia’s AI chips to the U.A.E. is stuck in neutral nearly five months after it was signed, frustrating CEO Jensen Huang and some senior administration officials. https://t.co/Qg2EaMOZQd ...

Sigalis has got the details. Smack. Hey Mel.So AI chipmaker Cerebrris is pulling its IPO. In a filing with the SEC, the company saying it no longer intends to move forward with the deal at this time. Now it had originally filed last September, but faced hurdles including regulatory scrutiny and questions over its reliance on a single customer.Now the move also comes just days after Cerebrus raised more than a billion dollars in private funding at an$ 8 billion valuation, buying it more time to stay private. ...

AI chip firm Cerebras Systems on Friday filed to withdraw, effective immediately, its plans for an initial public offering in the United States. ...

Andrew Feldman, co-founder of Cerebras System Inc., speaks at the Raise summit in Paris, France, on Tuesday, July 8, 2025.Artificial intelligence chipmaker Cerebras on Friday filed paperwork with the U.S. Securities and Exchange Commission withdrawing plans for an initial public offering. The agency is operating at a low volume after the U.S. government shutdown that went into effect this week.Last year Cerebras filed for an IPO as it went up against Nvidia to make the most capable processors for running ge ...

The links below highlight just a portion of this month's new buys and sells by top funds. Click here to see all the stocks on the list. After going AWOL last month, artificial intelligence giant Nvidia (NVDA) bounced back onto the latest list of new buys by the best mutual funds, alongside fellow Magnificent Seven member Alphabet (GOOGL). Riding the enduring AI wave, Palantir Technologies (PLTR), Broadcom (AVGO), AppLovin (APP) and Taiwan Semiconductor Manufacturing (TSM) also etched their names on the list ...

Two chip companies today facing some international roadblocks. For that, we're going to turn to Christina Parts and Nevalos. Really interesting mix of business and policy here on both of these examples.KP. Yeah, these two chip stories really highlight how complicated it is for United States uh just in terms of the companies to sell chips abroad, I should say. And f let's first focus on applied materials because those shares are down about 2% after disclosing a $710 million revenue hit from new US export rul ...

Core Viewpoint - The AI hype cycle is leading to significant investments in both promising and unpromising ideas, creating a bubble-like environment, as noted by Jeff Bezos [1][2][6]. Group 1: AI Investment Landscape - Jeff Bezos highlighted that the current excitement around AI is causing investors to fund numerous companies indiscriminately, making it difficult to differentiate between viable and non-viable ideas [2][5]. - Bezos pointed out an example where a group of investors valued an AI startup, which had only six employees and no product, at approximately $20 billion [5]. - Major companies like Nvidia have seen substantial stock price increases, with Nvidia's stock rising 1,350% over the past five years, leading to a market valuation of $4.6 trillion [4]. Group 2: Impact of AI - Bezos believes that AI will positively affect companies globally, enhancing quality and productivity across various industries [6]. - The sentiment regarding the AI market's potential is echoed by Goldman Sachs CEO David Solomon, who noted that significant technological advancements often lead to market overexuberance, resulting in both winners and losers [7]. Group 3: Market Dynamics - The current AI investment environment reflects a historical pattern where rapid technological advancements lead to excessive capital formation and the emergence of numerous new companies [7]. - Bezos emphasized that despite the bubble concerns, the advancements in AI are real and will have a lasting impact on society and industries [3][6].

Home > Investing > The Government Shut Down. Here's What History Says Will Happen in the Stock Market Next This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The U.S. government shutdown, now in its third day since starting on October 1, stems from a partisan standoff over federal spending priorities. Republicans pushed for deeper cuts to non-defense programs, while Democrats demanded protections for social services ...

Take a Trial Today Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! TRENDING: Robinhood Leads 7 Top S&P 500 Stocks In 2025 Nvidia stock (NVDA) cleared its 50-day moving average on Monday, gaining more than 2% in early trade. Is Nvidia stock a buy or sell now? Nvidia stock touched an all-time high last week after the company said it would invest up to $100 billion in ChatGPT developer OpenAI. Shares of the AI chipmaker, valued a ...