Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood
In its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, scaring investors.
Referenced Coverage & Sources
OpenAI Says It Slowed Astra Model Development Over Security Concerns
OpenAI said this model, which is still in development, reached its "critical cybersecurity threshold," meaning it could independently identify and carry out.
After Rippling Blew Millions on AI in Months, It Built an Employee ROI Tool
After its own AI usage wake-up call, Rippling this week unveiled AI Spend Console, a product that tracks individual and team employee AI spending.
Airbnb Says AI Is Helping It Ship Features Faster as It Tests a New Search Function
Airbnb will debut a new AI-powered search experience with a toggle.
An Amazon Data Center Could Have the Worst Polluting Power Plant in the Country
To power its new West Texas data center, Amazon is investing in the construction of a new power plant that could be one of the largest single producers of greenhouse gases in the US, according to the New York Times.
ARR
ARR (Annual Recurring Revenue) is a key metric for subscription-based businesses representing the predictable recurring revenue generated by active customers over a year.
Gross Margin
Gross Margin is the percentage of revenue remaining after subtracting the cost of goods sold (COGS), showing the core profitability of a product.
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