Cerebras Systems announced it will launch its first European data center by the end of 2026 and expand to 200 MW of AI compute capacity across France and the Nordics by the end of 2027. This expansion aims to provide faster AI inference closer to European users, supporting complex AI workloads and meeting demand for local, low-latency infrastructure. Part of the capacity will support OpenAI workloads under their partnership. The move reflects Cerebras' confidence in Europe's growth potential for AI compute services.
Arcutis Biotherapeutics awarded 58,500 restricted stock units and options for 17,000 shares to six new employees as an inducement to join the company. The grants, approved under Nasdaq Listing Rule 5635(c)(4), vest over four years with specific sched...
Paolo Ardoino, CEO of Tether, stated that Bitcoin is uniquely capable of scaling to support a trillion AI agents. He praised the Lightning network as the most advanced transport layer created by humanity, highlighting its potential to handle massive ...
Crusoe, a Denver-based data center developer valued at $30.9 billion, sold an unfinished data center project in Wyoming to Google after failing to secure Google as a customer for the site. Google raised concerns about the project's cost and construct...
Axon Enterprise lowered its 2026 revenue forecast to $3.61-$3.63 billion on November 5, removing about $130 million due to delays in three Federal Dedrone counter-drone deployments. This revision followed an August 5 forecast increase to 32%-34% grow...
Koppers Holdings reported an 18% drop in adjusted EBITDA and a 38% decline in net income for Q3 2026, leading to a significant reduction in its full-year adjusted EPS guidance. This triggered a sharp decline in its stock price and prompted a legal in...
