The post Cerebras partners with OpenAI, targets $50B market cap on IPO day appeared on BitcoinEthereumNews.com.
## Market Snapshot Cerebras IPO market cap predictions currently show a 91% YES pricing for a market cap of at least $50 billion on IPO day. This has increased from 74% YES just 24 hours ago. ## Key Takeaways – The partnership with OpenAI appears to significantly boost Cerebras’ market cap prospects, consistent with a higher valuation at IPO. – Market pricing suggests participants view the OpenAI deal as supportive of a market cap exceeding $50 billion. – Current market behavior reflects optimism, with a notable increase in YES pricing for a high market cap outcome. ## Article Body Cerebras Systems, a U.S.-based AI chipmaker, has announced a strategic partnership with OpenAI, involving a substantial investment of over $20 billion in Cerebras-powered servers over the next three years. This agreement also includes OpenAI acquiring potential equity stakes in Cerebras, up to 10%,
The family of a 19-year-old college student is suing OpenAI over claims that his conversations with ChatGPT led to an accidental overdose. In the lawsuit filed on Tuesday, Sam Nelson's parents allege ChatGPT "encouraged" the teen to "consume a combination of substances that any licensed medical professional would have recognized as deadly," resulting in his death.
Though ChatGPT initially pushed back on conversations about drug and alcohol use, the launch of GPT-4o in April 2024 changed the chatbot's behavior, according to the lawsuit. Following the update, ChatGPT "began to engage and advise Sam on safe drug use, even providing specific do …
Read the full story at The Verge.
OpenAI CEO Sam Altman has begun his testimony against Elon Musk in a high-profile jury trial in a California federal courtroom.
Altman, alongside OpenAI president Greg Brockman, is a primary defendant in the trial brought by Musk. Altman, Brockman, and Musk were all part of the initial founding team at OpenAI, with Musk investing up to $38 million in the ChatGPT-maker's early days. But the relationship between Musk and other OpenAI founders eventually soured, and Musk stepped away from the company, later going on to found his own direct competitor, xAI. In recent years, Musk and Altman have traded barbs and made a slew of allegations agains …
Read the full story at The Verge.
The post Musk’s AI Ambitions Face Pressure as Grok Struggles to Keep Pace appeared on BitcoinEthereumNews.com.
Grok downloads fell from more than 20 million in January to around 8.3 million in April. Only 0.174% of surveyed US AI users said they paid for Grok in Q2 2026. Enterprise adoption of Grok remains weak as Anthropic’s Claude and Google’s Gemini grow. Elon Musk launched Grok in late 2023 with plans to challenge OpenAI, Anthropic, and Google in the AI market. Two years later, the numbers show the gap is widening instead of closing. New market data compiled by the Wall Street Journal points to slowing user growth, weak paid adoption, and limited enterprise traction as rivals rapidly expand across both consumer and business markets. At the same time, Musk’s own companies are now selling critical computing power to competitors instead of using it entirely for Grok’s development. Grok Downloads Collapse After January Spike Grok briefly captured major attention earlier this year after
The post OpenAI’s new cybersecurity push has a lesson for crypto: stop waiting for the hack appeared on BitcoinEthereumNews.com.
Make CryptoSlate preferred on OpenAI introduced a new cybersecurity initiative, Daybreak, on May 11, designed to find, validate, and help fix software vulnerabilities before attackers can exploit them. The firm describes the approach as making software “resilient by design,” moving security earlier into the build cycle through AI-assisted code review, threat modeling, patch validation, and dependency analysis. For crypto, where a software failure can result in an immediate capital loss within a single block, the urgency is clear. The standard pattern in the crypto industry is reactive, going through a pre-launch audit, post-deployment monitoring, response when funds move, a post-mortem on the method, vulnerability patching, reimbursement negotiation, and governance debate. That model has the weakness that the bug comes to light only once the capital has alrea
A malicious Hugging Face repository that posed as an OpenAI release delivered infostealer malware to Windows machines and recorded about 244,000 downloads before removal, according to research from AI security firm HiddenLayer. The number of downloads may have been artificially inflated by the attackers to make the model seem more popular, so the extent of […]
The post Hugging Face hosted malicious software masquerading as OpenAI release appeared first on AI News.
OpenAI has unveiled Daybreak, its answer to Anthropic’s Claude Mythos, amid a growing market for frontier AI-powered cyber defense platforms. The initiative combines OpenAI’s large language models, Codex’s agentic capabilities, and integrations with the broader enterprise security ecosystem.
The company said Daybreak is focused on accelerating cyber defense operations and enabling organizations to secure software across the development lifecycle continuously.
Announcing the initiative on X, Sam Altman, CEO at OpenAI, said, “OpenAI is launching Daybreak, our effort to accelerate cyber defense and continuously secure software. AI is already good and about to get super good at cybersecurity; we’d like to start working with as many companies as possible now to help them continuously secure themselves.”
Daybreak takes on Mythos
The surge in AI-driven cyber threats has recently shifted the AI race toward AI cybersecurity models. In April this year, Anthropic unveiled Project Glasswing, built
The post NVIDIA Launches Fleet Intelligence for GPU Monitoring appeared on BitcoinEthereumNews.com.
Felix Pinkston
May 11, 2026 20:27
NVIDIA’s new Fleet Intelligence service offers real-time GPU fleet monitoring, improving efficiency and reliability for data centers.
NVIDIA has announced the general availability of Fleet Intelligence, a managed service aimed at providing real-time monitoring for GPU fleets. Designed for data center operators and enterprises scaling NVIDIA GPUs, this service tackles the complexities of managing heterogeneous hardware, fast-evolving software stacks, and variable workloads. The goal is clear: optimize performance, reduce downtime, and maximize return on investment (ROI). Fleet Intelligence employs a lightweight, host-based agent to stream telemetry data to a cloud-based platform. This enables precise insights into key operational metrics, including power consumption, temperature, performance, health, and configuration consistency. NVIDIA