Australian Neocloud Sharon AI Locks in $950 Million Five-Year AI Cloud Contract
Sharon AI signs a $950M cloud deal, rolling out faster, cheaper AI systems in Australia, with revenue expected starting late 2026.
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Mobix Labs to Buy Critical Minerals Firm Powering F-35s, Submarines & AI
Mobix Labs has signed a non-binding LOI to acquire SPD, a U.S. firm building sovereign supply chains for rare earths and critical minerals powering F-35s, submarines, and AI infrastructure.
POET Surges on $50 Million AI Photonics Partnership with Lumilens
POET shares jumped after landing a $50M purchase order from Lumilens for next-gen AI optical tech. Their new Electrical-Optical Interposer platform could scale to $500M+ over 5 years.
Cerebras Systems Raises Record $5.55 Billion in Largest U.S. IPO of 2026
Cerebras Systems priced its IPO at $185 per share, valuing the Sam Altman-backed AI chipmaker at $56.4 billion as shares begin trading Thursday.
Chegg Jumps into AI Model Training – Shares Soar as Learning Giant Brings Expert Data to Big Tech
Chegg enters AI training using STEM experts and data; shares jump as big tech shows interest.
EchoStar Stock Surges as FCC Approves $40 Billion Spectrum Sale to SpaceX and AT&T
AT&T buys 50 MHz for 5G ($23B) and SpaceX gets 65 MHz for Starlink direct-to-device ($17B).