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Nvidia shares are up 25% in a month and are approaching a new record

Jensen Huang, CEO of Nvidia, presents “Blackwell” at an event before the Computex Forum on June 2, 2024 in Taipei, Taiwan. Ann Wang | Reuters Nvidia Shares have risen 25% in the past month and are nearing a record high…

OpenAI is valued at $157 billion; Microsoft and Nvidia join the round

OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive list of investment firms and large technology companies. While OpenAI did not name the investors in Wednesday's…

Cerebras files for IPO

Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sports file | Collision | Getty Images Artificial intelligence chip startup Cerebras Systems filed its prospectus for an…