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.
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 priced its IPO at $185 per share, valuing the Sam Altman-backed AI chipmaker at $56.4 billion as shares begin trading Thursday.
Chegg enters AI training using STEM experts and data; shares jump as big tech shows interest.
AT&T buys 50 MHz for 5G ($23B) and SpaceX gets 65 MHz for Starlink direct-to-device ($17B).
C3 AI met revenue goals, reduced losses, saw the CEO return, and achieved cost savings, but weak bookings hit shares.
eBay rejected GameStop’s $56B takeover offer, saying it’s risky, not realistic, and could hurt its growth and add too much debt.