6h ago
Cerebras posts $193.4 million GAAP revenue in fiscal Q1 2026, unveils OpenAI deal valued at more than $20 billion
Cerebras Systems reported GAAP revenue of $193.4 million for the first quarter of fiscal 2026 ended March 31, 2026, up 94% from a year earlier. The company also announced a multiyear agreement for OpenAI to deploy 750 megawatts of Cerebras high-speed inference compute valued at more than $20 billion. Cerebras said it is launching a multiyear partnership with Amazon to bring fast inference to AWS through a disaggregated inference strategy and global distribution. It also said it raised $6.4 billion in gross proceeds through its IPO and trades on Nasdaq under the ticker CBRS.
6h ago
1d ago
DoubleVerify expands DV Authentic AdVantage to Meta and TikTok after TikTok tests show 98% lift in unique reach
DoubleVerify said it is expanding its AI-driven media quality and performance product, DV Authentic AdVantage, to Meta and TikTok, combining pre-bid protection, AI optimization and independent attribution measurement. In TikTok test campaigns, the company said the product increased unique reach by 98% and improved efficiency by 50%. It also reported a 59% drop in brand suitability incidents. The partnership is aimed at strengthening quality and performance across Meta’s advertising ecosystem.
1d ago
6-21
Japan sets goal of about $2.3 trillion in public-private investment by 2040
Japan plans to target about 370 trillion yen (around $2.3 trillion) in combined public and private investment by 2040 across 17 strategic areas including AI, semiconductors and space. The government would use measures such as a multi-year budget framework and bridging bonds to secure stable funding. The initiative aims to use public spending to spur private-sector investment. The plan is part of Prime Minister Sanae Takaichi’s new growth strategy, the Nikkei reported.
6-21
6-20
U.S. bid to launch Iran nuclear talks in Switzerland stalls as Tehran cites Israeli strikes; Vance stays in Washington
Planned U.S.-Iran technical talks in Switzerland were delayed after Iran declined to attend, citing ongoing Israeli airstrikes on Hezbollah in Lebanon. Although Israel and Hezbollah renewed a temporary ceasefire, Iran said Israeli forces must withdraw from southern Lebanon, a condition not explicitly required by the interim agreement. Iran had previously pressured negotiations by effectively shutting down the Strait of Hormuz, unsettling global energy markets. The renewed impasse adds to supply uncertainty and puts short-term upward pressure on crude prices.
6-20
6-19
Mink Ventures to start Warren Phase 2 drilling early, expands Montcalm claims to 104 km2 and ends $881,920 private placement
Mink Ventures said it has entered a drill contract to begin Phase 2 of its 2026 program at the Warren Ni Cu Co project a few weeks ahead of schedule. The company plans about 420 meters of drilling to test two VTEM targets for nickel-copper-bearing magmatic nickel sulphide. It also staked an additional 4 km2 at its Montcalm project, bringing the project area to 104 km2, and said drilling there is expected to start in late August or early September. Mink said it will not proceed with the remainder of its nonbrokered private placement after raising gross proceeds of $881,920, according to the company’s statement.
6-19
6-18
Roadzen subsidiary NAC lands about $1.2 million annual embedded roadside assistance contract in the U.S.
Roadzen’s subsidiary National Automobile Club (NAC) has signed an annualized commercial contract worth about $1.2 million with a U.S. digital services provider, becoming the exclusive in-app roadside assistance provider for a consumer mobile application with more than 500,000 users. The service will run on Roadzen’s in-house AI dispatch platform, StrandD, enabling an end-to-end digital workflow inside the client’s app. The company described the deal as its first publicly disclosed large-scale embedded commercial deployment, without changing revenue guidance or updating financial figures.
6-18
6-18
Vivakor cites 220,000 bbl Southwestern U.S. midstream network as crude volatility lifts logistics demand
Vivakor (Nasdaq: VIVK) said its midstream infrastructure across Texas, New Mexico and Oklahoma is strategically positioned as crude markets remain volatile. The network includes 10 pipeline injection stations, a fleet of more than 100 tanker trucks, and the White Claw and Omega crude terminals with combined storage and throughput capacity of 220,000 bbl, with links to major trunk lines including Centurion, Cactus II and Enterprise. The company said elevated Brent prices and geopolitical risks are boosting logistics demand in Southwestern U.S. producing regions, strengthening asset utilization and contract negotiating leverage.
6-18