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AI News

News reporting focused on AI and machine learning, covering the companies behind these technologies, their real-world applications, and the ethical concerns they raise. This includes areas like generative AI (large language models, text-to-image and video), speech tech, and predictive analytics.

Latest News

3 articles

Funding

Cerebras IPO Raises $5.5B at $185 Share Price

Cerebras completed its initial public offering on Thursday, raising $5.5 billion after pricing shares at $185 each the previous evening. This price exceeded the updated range of $150 to $160 and followed an expansion of the offering to 30 million shares. Pre-market activity shows strong demand from retail investors, pointing to a significant opening jump, with the company achieving a fully diluted valuation of $56.4 billion.

May 143 minNeura News

Industry

M4 Mac Minis Surge on eBay Amid AI Shortages

Shortages of Apple's $599 M4 Mac mini base model have led to overpriced listings on eBay. The device, popular for local AI models like OpenClaw, is sold out on Apple's site with no delivery options. Sellers offer new units at $715 to $979, more than $100 above retail.

Apr 243 minNeura News

Automation

San Francisco's First AI-Run Store Stocks Too Many Candles

Andon Market in San Francisco operates as the world's first retail boutique managed by an AI agent named Luna. The store features random inventory dominated by candles, lacks price tags, and charges high prices. Opened on April 10 by Andon Labs, it faces challenges like poor employee scheduling and excessive candle orders.

Apr 213 minNeura News