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The Latest Breaking News from Andrew Feldman

Cerebras Stock Sinks 12% on Q2 Revenue Miss. How to Play CBRS Stock After the Plunge.

Cerebras stock fell 12% after Q2 revenue missed estimates, even as the AI chipmaker raised its full-year guidance and reported a smaller loss.

Barchart

Cerebras Earnings Prediction Market Preview: What Will Andrew Feldman Say?

Cerebras Systems Inc. (NASDAQ:CBRS) reports second-quarter earnings after the bell today, its second report as a public company.

Benzinga

CEO of $49 billion AI company says it’s ‘mind-boggling’ that people think you can work 38 hours a week, have work-life balance, and be successful

Cerebras cofounder Andrew Feldman warned aspiring entrepreneurs they need to be working “every waking minute,” echoing the likes of Zoom CEO Eric Yuan and LinkedIn’s Reid Hoffman.

Fortune

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Tech Executives Say AI Demand Remains Strong as Businesses Shift. 'Tokenmaxxing' Has Given Way To 'Valuemaxxing'

Leaders in the AI industry argue that investors are becoming more strategic about where they deploy AI and how they measure its return on investment after recent volatility in semiconductor stocks.

International Business Times

Cerebras Stock Sends Massive Expansion Signal at Paris Summit

The giant semiconductor and AI infrastructure company plans to build European data centers by 2027, including OpenAI workloads, as the newly public chipmaker chases faster-growing AI demand abroad.

Barchart

Global Market: Cerebras bets big on Europe with AI infrastructure expansion amid soaring demand

Cerebras is significantly increasing its European AI computing capacity. The company plans to reach 200 megawatts by next year. This expansion addresses rising AI demand and data sovereignty concerns.

The Economic Times

Cerebras targets Europe with multibillion-dollar AI expansion, challenging Nvidia

American AI chip startup Cerebras accelerates its European expansion with 200MW of AI compute capacity by the end of 2027, challenging sector behemoth Nvidia as it highlights "extraordinary" demand across the continent.

Euronews

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AI chip challenger Cerebras sets sights on Europe

Cerebras plans significant European computing capacity expansion to challenge Nvidia. The AI chip startup is responding to extraordinary demand across the continent. This expansion aims to meet unique European data control requirements and concerns. Cerebras' large wafer-scale processors offer faster AI inference for users. The company sees immense growth and…

The Economic Times

Kevin O'Leary slams work-life balance, saying it's complete nonsense and founders should work '25 hours a day, 8 days a week'

The Shark Tank star, who sold his startup to Mattel for $4.2 billion, told Harvard Business School's The Founder Mindset podcast there's "no balance" in a company's first 36 months.

Fortune

Kevin O’Leary slams people who want work-life balance: ‘I hope they work for my competitors’

The Shark Tank star says he wants employees who go above and beyond, but Gen Z workers say they'd take a $5,000 pay cut to keep that boundary.

Fortune

Cerebras soars almost 70% by market close in a true blockbuster IPO

Cerebras’s first day stock pop reflected clip-mania: shares rocketed 70% by market close.

Fortune

Cerebras’ blockbuster debut shows the AI infrastructure boom is far from over

The offering is one of the largest U.S. tech IPOs in years and is seen as a wider stress test for a wave of AI listings Wall Street is bracing for later in the year.

Fortune

Netflix cofounder says he stopped work at 5 p.m. every Tuesday for 30 years to stay ‘sane,’ no matter the crisis: ‘Nothing got in the way of that’

Marc Randolph ran Netflix for seven years and never let a meeting, crisis, or last-minute request stand in the way of his Tuesday 5 p.m. hard stop. Experts and fellow CEOs are divided on whether that’s genius—or naive.

Fortune

Tory peer to leave Lords after investigation finds he breached standards over Covid PPE deals

Lord Chadlington introduced government to company in which he had financial interest in 2020

The Guardian - UK

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Fortune

Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to success

Jeff Bezos, founder of retail giant Amazon, which just topped the Fortune 500, is dismissive of the word “balance”—and he’s not alone.

Fortune

After Nvidia’s Groq deal, meet the other AI chip startups that may be in play—and one looking to disrupt them all

Nvidia’s $20 billion Groq deal signals that AI inference—not training—will be the big focus going forward, lifting a crop of chip and software startups while reigniting debate over how long Nvidia's dominance can last.

Fortune

Work-life balance finally outranks pay as a top motivator for job seekers, but CEOs aren’t sold

Gen Z talent rank work-life balance far above pay, more than any other generation of workers. Meanwhile, CEOs are split on whether it’s possible to have the best of both worlds.

Fortune

Netflix cofounder says he stopped work at 5 p.m. every Tuesday for 30 years to stay ‘sane,’ no matter the crisis: ‘Nothing got in the way of that’

For Marc Randolph, the cofounder of $467 billion entertainment giant Netflix, there was one rule about clocking out that kept him “sane” while working for three decades.

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news in one place.

100's of premium titles.
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Fortune

Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to success

Jeff Bezos hates the word ‘balance’—and he’s not alone. Reid Hoffman says chasing it means you’re not serious about winning, while other billionaire CEOs argue it’s incompatible with success.

Fortune

CEO of $8 billion AI company says it’s ‘mind-boggling’ that people think you can work 38 hours a week, have work-life balance, and be successful

Cerebras cofounder Andrew Feldman warned aspiring entrepreneurs they need to be working “every waking minute,” echoing the likes of Zoom CEO Eric Yuan and LinkedIn’s Reid Hoffman.

The Guardian - UK

How a VIP contract introduced by Tory peer left government owed £24m

DHSC rejected as ‘unusable’ PPE supplied by company linked to Lord Chadlington, which later went bust

TechRadar

World's largest AI chip maker hit by crypto scam - Cerebras says token isn't real, so don't fall for it

$CEREBRAS is not a legitimate cryptocurrency – Cerebras' X account got hacked to push a fake coin, execs confirm.

The Guardian - UK

Tory peer investigated for third time by Lords watchdog over ‘VIP lane’ contracts

Investigation follows publication by Covid-19 inquiry of messages sent by Lord Chadlington introducing SG Recruitment to government

The Guardian - UK

Tory peer introduced PPE firm to government after Cameron text, Covid inquiry hears

Inquiry looks at contracts worth £50m awarded to company linked to Lord Chadlington after he emailed DHSC adviser

Radio France Internationale

France's Mistral AI teams up with UAE-backed developers as Le Chat app launches

French AI start-up Mistral has partnered with Cerebras Systems, an artificial intelligence chip firm backed by UAE tech conglomerate G42, to power the launch of its new AI assistant Le Chat, which claims to be the world’s fastest, delivering 1,000 words per second.

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