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Top Story · Jordan Novet / CNBC ·

Cerebras pops 68% in Nasdaq debut, pushing the AI chipmaker's market cap to $95 billion

Cerebras pops 68% in Nasdaq debut, pushing the AI chipmaker's market cap to $95 billion … Cerebras Systems soared 68% in its Nasdaq debut on Thursday, closing at $311.07 after selling shares at $185, well above the company's expected range. That values the chipmaker at about $95 billion.

TechSnif Take
More:  Bloomberg , Bloomberg , Financial Times , Benzinga , Tech Times , The Information , TechCrunch , Yahoo Finance , Bloomberg , Axios , Blockonomi , The Tech Portal , Benzinga , DatacenterDynamics , Yahoo Finance , CoinDesk , TelecomTV , Fast Company , Bloomberg Law , HPCwire , Wall Street Journal , Sweden Herald , Reuters , The Economic Times , SiliconANGLE , Motley Fool , CNBC
r/wallstreetbets
@dinabass , @tw1nkd3str0yer , @firstadopter , @katie_roof , @dadiomov , @tuttlecapital , @altcap , @mtslive , @cryptohayes , @danprimack , @danprimack , @scobleizer
Zac Hall / 9to5Mac ·

OpenAI adds remote access to Codex in the ChatGPT mobile app, letting users control Codex sessions running on a connected computer directly from a phone

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More:  OpenAI, Thurrott, Reuters, TechCrunch, The New Stack, Engadget, The Verge, Business Insider, TestingCatalog AI News, The Deep View, Composio, How-To Geek
r/OpenAI
@openai, @thsottiaux, @polynoamial, @nickbaumann_, @openaidevs, @openai
Jordan Novet / CNBC ·

Cisco reports Q3 revenue up 12% YoY to $15.84B, vs. $15.56B est., raises its FY 2026 AI orders forecast, and is cutting ~4,000 jobs; CSCO jumps 19%+ after hours

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More:  Cisco Blogs, TechCrunch, Ars Technica, Crunchbase News, Cisco, Bloomberg, Benzinga, Inc.com, Bloomberg, The Tech Portal, Reuters, ZeroHedge News, The Motley Fool, TechRadar, Fast Company, Fortune, diginomica, Siebert Blog, Yahoo Finance, Moneycontrol, Seoul Economic Daily, Verdict, Silicon Valley Business …, Business Today, HealthcareInfoSecurity.com, The Register, Network World, People Matters, Fox Business, Tech in Asia, Dow Jones Newswires, San Francisco Chronicle, SiliconANGLE, SFGATE, Originally Reported …, U.S. Home, The Information, CRN, Business Insider, Bloomberg Television on YouTube, Seeking Alpha, Investor's Business Daily, Constellation Research, Reuters, Reuters, CNBC, The Stack, Morningstar, Barron's Online
r/antiwork, r/technology, r/StockMarket, Slashdot
Sujith Joseph
@zackwhittaker@mastodon.social
@rogoswami, @layoffai, @beffjezos, @edzitron, @stevejang, @danielnewmanuv, @neilksethi, @divestech, @brettkessler__, @edludlow, @cisco, @thetranscript_, @trmnl_data, @thetranscript_
Carl Franzen / VentureBeat ·

Anthropic unveils Claude Agent SDK credits for paid plans, which users can allocate for programmatic use of third-party agents like OpenClaw, starting June 15

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TechSnif Take
More:  Claude, InfoWorld, SiliconANGLE, The New Stack, Axios, The Decoder, Techstrong.ai, XDA Developers
r/ZedEditor, r/ClaudeAI, r/conductorbuild, r/ClaudeAI, r/ClaudeCode
@ericflo
@claudedevs, @noahzweben, @alexalbert__, @lydiahallie, @theo, @claudedevs, @kunchenguid, @claudedevs, @quinnypig, @austen, @claudedevs, @lydiahallie, @weswinder, @mattpocockuk, @jinjingliang, @michaelarnaldi, @elvissun, @dexhorthy, @claudedevs, @voooooogel, @aarondfrancis, @theo, @theo, @andersonbcdefg, @jeremyphoward, @omarsar0, @benhylak, @brennerspear, @austen, @mattyp, @benhylak, @claudedevs, @nickadobos, @daniellefong, @0xgaut, @banteg, @josevalim, @shoyer, @jconorgrogan, @theo, @theo, @theo
Zac Hall / 9to5Mac ·

Instagram rolls out Instants, which lets users share ephemeral photos, as an in-app feature and as a standalone Android and iOS app in select countries

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TechSnif Take
More:  Instagram, Meta Newsroom, The Hindu, Wired, The Verge, PCMag, The Tab, GameRevolution, Business Standard, Moneycontrol, Mashable, Digit, TechCrunch, Tech Times, Pulse 2.0, MediaBrief, BMI, CNET, PetaPixel, Social Media Today, Digital Trends, Inc.com, WeRSM, WLTX-TV, MacRumors, iClarified, iPhone in Canada, Droid Life, Engadget, USA Today
Josh Phillips
@me____likex, @me____likex, @me____likex, @todd_possum, @me____likex, @me____likex, @fonsmans, @me____likex, @locketcamera, @aboutsaez, @muerteyromance, @arishouses, @popbase
Jordan Novet / CNBC ·

Cerebras priced its IPO at $185 per share, above the expected range of $150 to $160, raising at least $5.55B and valuing it at $56.4B fully diluted

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Bloomberg: Sources: Arm and its parent company SoftBank expressed preliminary interest in acquiring Cerebras weeks before its expected IPO; Cerebras rebuffed them
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More:  TechCrunch, Bloomberg, Bloomberg Law, Financial Times, Yahoo Finance, Benzinga, TelecomTV, HPCwire, Wall Street Journal, Fast Company, DatacenterDynamics, Blockonomi, Silicon Republic, CoinDesk, Implicator.ai, The Next Web, Reuters, The Economic Times, Cerebras, SiliconANGLE, Crunchbase News, The Circuit, Barchart.com
r/wallstreetbets
@danprimack, @dadiomov, @tw1nkd3str0yer, @firstadopter, @tuttlecapital, @altcap, @mtslive, @cryptohayes
Reuters ·

LinkedIn says it has "implemented organizational changes"; source: LinkedIn plans to cut ~5% of its 17,500 full-time workers and focus on business growth areas

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More:  Business Today, Bloomberg, Silicon Republic, Business Insider, The Next Web, SiliconANGLE, People Matters, Quartz, PYMNTS, Tech in Asia, San Francisco Chronicle, RTÉ, The American Bazaar, Fast Company, Inc.com, International Business Times, San Francisco Business Times, Reuters, GeekWire, Irish Independent, Stocktwits, Business Insider, Seeking Alpha
@carnage4life
r/technology, r/Layoffs, Slashdot
Brody Ford
@joinblind, @layoffai, @quinnypig, @mikeisaac, @mikeisaac, @layoffai, @layoffai, @joinblind
AI Security Institute ·

Mythos Preview is the first AI model to complete both of AISI's cyber ranges, which measure models' cyberattack capabilities; GPT-5.5 solved only one of them

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More:  ZDNET, The Register, XBOW, Digit, The Decoder, Axios, ITPro, SecurityWeek, Metacurity, Help Net Security, CyberScoop
@timkellogg.me, @davidcrespo
@aisecurityinst, @logangraham, @iruletheworldmo, @koltregaskes, @aisecurityinst, @andrewcurran_, @chatgpt21, @mooncat_is, @deanwball, @matthewclifford, @arozenshtein, @newton_cheng, @daniel_mac8, @aisecurityinst, @sammcallister, @giansegato, @bcherny, @scaling01, @emollick, @emollick, @boazbaraktcs, @xbow
Zac Hall / 9to5Mac ·

Spotify says it will adopt Apple's HTTP Live Streaming tech later in 2026, helping Spotify creators distribute video podcast shows on Apple Podcasts and Spotify

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More:  Spotify for Creators, MacRumors, Engadget, Neowin, iPhone in Canada, The Mac Observer, TechCrunch, iClarified
@johnspurlock.com
Emma Roth / The Verge ·

Microsoft updates Edge with new AI features, including letting Copilot gather information from open tabs and use browsing history for more relevant answers

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TechSnif Take
More:  Microsoft Edge Blog, Digital Trends, ZDNET, Windows Central, Business Standard, PCMag, TechRadar, iPhone in Canada, WinBuzzer, TechSpot, TestingCatalog AI News, PCWorld, The Decoder, Engadget, Neowin, Thurrott
r/technology
@davetaylor, @microsoftedge, @microsoftedge
Tim Craig / Washington Post ·

Gallup: 71% of Americans oppose local AI data center construction, citing water and electricity issues, with opposition higher among Democrats than Republicans

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More:  The Register, Gallup, Tom's Hardware, Tech Brew, TechRadar, Washington Examiner, Implicator.ai, The Decoder, HotHardware, The Verge, Benzinga, Mother Jones, Sherwood News, Bisnow, The Hill, Semafor, CNET, NewsMax.com, Forbes, Techstrong IT, Washington Times, Business Insider
@johngramlich, @mamasissiesays, @johngramlich, @moreperfectunion, @kostyack
@matth_4america, @berniesanders, @petertwinklage, @mattwalshblog, @garrytan, @andrewcurran_, @rahll, @forhumanitypod
Lorenzo Franceschi-Bicchierai / TechCrunch ·

OpenAI says two employee devices were impacted via a supply chain attack on TanStack but no user data or production systems were compromised

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More:  OpenAI, PCMag, The Record, BleepingComputer, Decrypt, The Next Web, Lyrie Research, Reuters
@lorenzofb
@lorenzofb@infosec.exchange
Jess Weatherbed / The Verge ·

AT&T, T-Mobile, and Verizon sign an "agreement in principle" to form a joint venture that aims to end wireless dead zones in the US, without giving many details

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TechSnif Take
More:  AT&T, Droid Life, Dallas Innovates, Cord Cutters News, GSMArena.com, Benzinga, PhoneArena, The Information, Yahoo Finance, TelecomTV, Digital Trends, PCMag, Engadget, Fierce Network, 9to5Mac, Barron's Online, MacTech.com, AppleInsider, Advanced Television, Phone Scoop, Dow Jones Newswires, Android Authority, Telecompaper, LightShed Partners
@caro_milanesi
Lucas Ropek / TechCrunch ·

Anthropic launches Claude for Small Business, featuring a host of automated services like bookkeeping functions, business insights, and tools for ad campaigns

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More:  Anthropic, Digit, Implicator.ai, SiliconANGLE, Pulse 2.0, Thurrott, PYMNTS, 9to5Mac, The Deep View, Crypto Briefing, Yahoo Finance, Canva, Inc, Fast Company, The Verge
James Barrese, Rachel Brender Ziv, Duncan Lennox, Adam Ward
@stocksavvyshay
Wired ·

As Meta prepares to lay off ~10% of its staff on May 20, sources say morale is low, and it moved 1,000+ engineers to an AI unit to build generative AI models

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TechSnif Take
More:  Yahoo Finance, Moneycontrol, Futurism, TechRadar, International Business Times
@katie-drummond, @shiraovide, @brbarrett, @laurengoode, @couts, @parismarx.com
Hacker News, r/TrueReddit, r/technology, r/facebook, Slashdot
@layoffai, @william_fitz
Reuters ·

The US has cleared ~10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to buy Nvidia H200 chips, but no deliveries have been made

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More:  MarketWatch, Neowin, CNBC, Asia Times, Engadget, Livemint, Forbes, Barron's Online, International Business Times, Taipei Times, Blockonomi, New York Times, Crypto Briefing, Investor's Business Daily, CGTN, Yahoo Finance, The National, Barchart.com, Watcher Guru, Proactive, PC Gamer, Sherwood News, The Information, The Next Web, Modern Diplomacy, Benzinga, The Decoder, China Money Network, Seoul Economic Daily, Semafor
r/AMD_Stock, r/NVDA_Stock, Slashdot
@KimPerales@toad.social
@kristinaparts, @chrisrmcguire, @reuterstech

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