Cerebras, a Silicon Valley maker of artificial intelligence chips, began trading on the stock market on Thursday, as SpaceX, OpenAI and Anthropic also take steps to go public.
OpenAI CEO Sam Altman's first turn on the witness stand Tuesday sharpened the central fight in Musk's lawsuit: whether either man can be trusted to put AI safety ahead of money and control . Why it matters: The testimony showed how hard it is for any AI leader to claim the moral high ground while also fighting for money, influence and control. Driving the news: Altman rejected Musk's central claim that OpenAI and Microsoft had effectively tried to "steal a charity." - "It feels difficult to even wrap my head around that framing," Altman said. He argued that shifting to a for-profit structure was the only way to raise the amount of money needed to develop safe and powerful artificial intelligence. - Earlier in the trial, Musk offered a…
The Silicon Valley chip maker filed a prospectus just as SpaceX, Anthropic and OpenAI prepared for their own listings, in what is shaping up to be a wave of enormous initial public offerings.