The chip company OpenAI can't stop talking about just priced its IPO at a valuation that dwarfs most of the AI infrastructure stack — and barely anyone outside the Valley knows what they make. Cerebras, an AI chip maker with deep OpenAI ties, is targeting a $26.6B+ valuation in its upcoming IPO
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The courtroom where OpenAI's nonprofit origins are being litigated just became a billionaire factory disclosure hearing. Greg Brockman testified his OpenAI stake is worth nearly $30 billion, placing him among the world's 100 wealthiest people despite not appearing on Forbes rankings yet
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Nvidia just wrote a check to the company betting it can beat Nvidia at margin. DeepInfra closed $107 million Series B led by Nvidia and Samsung, positioning itself as cloud inference infrastructure for AI workloads.
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The enterprise AI layer just got its first credible challenger to Salesforce, and it's backed by the people who built Salesforce. Sierra raised $950M at a $4.5B valuation to become the infrastructure layer for AI-powered customer service, bringing total capital raised past $1B
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The billion-dollar bet just got real, and it's landing exactly where the infrastructure wars are heating up. Haun Ventures closed $1 billion across two funds focused on blockchain and AI investments, meeting the fundraising target the firm was reportedly pursuing since last year.
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Rain now sits at the same table as JPMorgan Chase and Citibank, which tells you everything about where card networks think stablecoins are going. Rain joined Mastercard as a Principal Member, putting a $1.95 billion stablecoin startup in the same membership tier as major banks.
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Bitcoin just became defense policy, and the playbook is spreading faster than anyone expected. MicroStrategy raised $82M for Bitcoin purchases amid rising geopolitical tensions, then temporarily paused buying before resuming next week.
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The builders of the world's most famous AI model just turned into an enterprise deployment army backed by private equity war chests. OpenAI raised over $4 billion for a joint venture with private equity firms focused on deploying AI into businesses, with total venture capacity reaching $10 billion
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The world's biggest landlord just decided AI infrastructure is interesting enough to let retail investors in on it. Blackstone is taking its data center REIT public, targeting $1.75 billion in what could be the largest real estate IPO since the AI compute boom began
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The world's most aggressive corporate Bitcoin buyer just hit pause while cashing out $82 million in stock—right as a $219 million institutional bet validates its entire thesis.
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The company that bet on wafer-scale chips while everyone else played it safe is now asking public markets to validate a $15 billion gambit. Cerebras Systems is seeking to raise $3.5 billion in a US IPO, positioning itself as an alternative to Nvidia in the AI chip and data center market
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The self-driving gold rush just became a duopoly audition, and most startups didn't get a callback.
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The labor model powering AI training isn't just exploitative—it's designed to be invisible until it isn't.
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While everyone else is racing to make AI agents faster at following instructions, NeoCognition just raised $40M to make them actually get smarter on the job.
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The world's most valuable company title is up for grabs, and the race says more about who builds the picks and shovels versus who builds the mine.
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The app that made "AI" a household word is watching users walk away faster than new ones sign up. ChatGPT's uninstall rate jumped 132% year-over-year in April, with March seeing a 413% spike following OpenAI's Pentagon deal
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The dirty secret of agentic AI is that most systems fail because the data pipes feeding them broke three hours ago and nobody noticed.
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The Bitcoin price chart looks like investor conviction, and right now both are trending down. Bitcoin is stuck below $78K resistance while ETF outflows accelerate, with 9,905 BTC flowing into exchanges in the largest single inflow in 30 days.
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The open-source community just automated what AI labs spend millions trying to prevent—and it runs from the command line. Heretic is a fully automated tool that removes safety alignment from language models using directional ablation, requiring zero understanding of transformer architecture
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When your token dumps 30% but your TVL nearly doubles, you're either watching a catastrophic delusion or the market separating infrastructure believers from airdrop farmers. MegaETH's MEGA token dropped 25-30% immediately post-launch, putting its initial $500M fully diluted valuation in question
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