business / news / / The Economic Times
Shares of U.S. chip startup Cerebras Systems surged in their market debut on Thursday.
Cerebras Systems' IPO pushed its valuation to about $80 billion after shares surged over 80%.
KEY POINTS
- Elon Musk accused OpenAI of manipulating him and diverting $38 million to a for-profit entity.
- BoE Chief Economist Huw Pill advocated for a prompt, modest interest rate increase due to Iran war risks.
- Ryanair expects no jet fuel shortages this summer but warns profits may face pressure if oil stays high.
- U.S. LNG export plant feedgas flows have fallen to a 15-week low due to seasonal maintenance.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →