Cerebras $5.5B IPO pops + Musk lawyers accuse OpenAI + Meta Cuts 10% Reality Labs + more

Archivists Turn to LLMs to Decipher Handwriting at Scale. The earth beneath your feet just minted a $10 billion company to power America’s. Cerebras raises $5.5B, then stock pops $108%, in the first huge tech IPO.

- Cerebras in the headlines: $5.5B. A year ago, it looked like this day would never happen for Cerebras. Money and supply constraints are still shaping who can scale fastest.

- Musk lawyers accuse OpenAI of deception in close of mega-trial. Musk’s attorneys wrapped closing arguments Thursday alleging misuse of early donations; OpenAI argues the giving lacked binding strings.

- Archivists Turn to LLMs to Decipher Handwriting at Scale. Teams are pairing models with dense cursive collections and using tools like ChatGPT to transcribe handwriting archives, including bell hooks’ journals at Berea College.

Also: The SpaceX IPO is already upending the stock market, Sources: 50+ researchers and engineers have left xAI since the SpaceX acquisition via layoffs, Softbank raises $46B, Sources: Intel has begun testing production of "low-end/legacy iPhone, Anthropic reinstates OpenClaw and third-party agent usage on Claude subscriptions - with a catch, Agent authorization is broken - and authentication passing makes it worse.

#shorts #Tech #AI #TechNews #Anthropic #OpenAI #AICoding #DataCenters

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