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solana:4yEjcMiy6GAgrpWpUvhUXfaP1vQmJXfqJjEyxBSZpump is live on Nasdaq today and this might be the most important AI infrastructure IPO since Arm.
Cerebras builds AI compute systems powered by its Wafer-Scale Engine a processor that uses an entire silicon wafer as a single chip rather than slicing it into smaller pieces. The result is dramatically faster and cheaper inference at scale, which matters enormously as the AI market shifts from training to deployment.
The financials back up the hype. Cerebras posted $510M in revenue in 2025, up 76% year-over-year, and swung from a net loss of $481.6M in 2024 to net income of $237.8M, a 47% net margin. The IPO itself was priced at $185/share, above an already-upwardly-revised range of $150–$160, raising $5.55B total. The roadshow was 20x oversubscribed. Institutions were fighting to get an allocation.
The biggest demand signal in the story is the OpenAI deal. OpenAI agreed to purchase up to 750MW of Cerebras compute capacity over three years, with capacity rolling out through 2028. If that contract is recognized over five years, it alone represents roughly $2B in annual revenue, nearly 4x what Cerebras generated in all of 2025. That is not a pilot program. That is a structural commitment from the largest AI compute buyer in the world. Amazon Web Services has also inked a multi-year deal in 2026, signaling that Cerebras is becoming embedded in the hyperscaler ecosystem, not just a niche alternative.
The growth math gets interesting fast. Combined with G42's $1.43B in existing commitments and organic enterprise growth, analysts project Cerebras could reach $3–4B in annual revenue by 2028, compressing today's valuation multiple significantly. And the macro tailwind is real the entire industry is shifting compute spend from training runs toward inference and deployment, which is exactly where Cerebras' architecture shines against traditional GPU clusters.
One more thing worth noting: Sam Altman, Greg Brockman, and Ilya Sutskever are all personal backers. These are the people who built OpenAI and understand the compute roadmap better than almost anyone alive. That's not a coincidence.
(NFA)
solana:4yEjcMiy6GAgrpWpUvhUXfaP1vQmJXfqJjEyxBSZpump
The idea of an orbital data center doesn’t seem realistic to me at all. I believe such announcements are primarily made to boost the company’s stock price through speculation.
People who work in data centers know very well that servers constantly require capacity upgrades, microcode updates, and hardware replacements. Disks fail, power outages occur, UPS systems malfunction, PSUs fail, servers crash, network devices run into problems, and storage systems experience issues , the list goes on.
All of these problems demand fast physical intervention. For critical systems, rapid response is essential. That’s why spare servers and replacement parts are always kept on-site in the data center’s warehouse.
Ensuring this kind of rapid maintenance and intervention in orbit seems extremely difficult, if not impractical.
Another major issue is latency. An orbital data center would almost certainly introduce 5 to 10 times higher latency compared to traditional terrestrial data centers.
With so many cooler places on Earth such as Canada, Alaska, Greenland, and Siberia, why build data centers in orbit?
🚨 TEXTS BETWEEN MUSK AND ZUCKERBERG JUST SHOWN IN COURT
DECEMBER 13, 2024 Zuckerberg to Musk:
"Meta sent a letter to the California AG supporting your lawsuit against OpenAI."
FEBRUARY 3, 2025:
Zuckerberg: offers DOGE security help for Musk's team
Musk: ❤️
Musk: "Are you open to the idea of bidding on the OpenAI IP with me and some others?"
Zuckerberg: "Want to discuss live?"
Musk: "Will call in the morning"
Zuckerberg didn't join.
Seven days later, Musk's made the $97.4 billion bid for OpenAI alone.
Musk testified today under oath: he made the bid "to stop them from stealing the charity."