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Tag: 122

  • Ellison’s $122.5m MinRes share sale; Cerebras boosts AI IPO buzz | Cerebras sees blockbuster de…

    Ellison’s $122.5m MinRes share sale; Cerebras boosts AI IPO buzz | Cerebras sees blockbuster de…

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    Cerebras sees blockbuster demand, setting stage for US AI IPO frenzy

    The chipmaker’s IPO priced at $185, well above its initial range, and opened trading at an eye-popping $350.

    Cerebras Systems CBRS, a maker of AI-focused semiconductor chips, rocketed onto Nasdaq Thursday with an opening trade at $350 a share. It closed the day at $311.07, giving it a 68% pop over an IPO price that had already been raised multiple times.

    Retail investors’ enthusiasm for Cerebras stock underscores an appetite to embrace AI, even with some significant caveats as the market and technology move deeper into inference, or usage (rather than AI model training).

    The Nvidia competitor upsized its offering twice, initially targeting a share price of $115-$125, then $150-$160, and ultimately pricing at $185 a share. At IPO, Cerebras was valued at $56.4 billion, more than double the $23 billion it commanded just three months ago, when it closed a $1 billion funding round.

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    Cerebras IPO: Here's What a $5,000 Investment Could Look Like in 5 Years

    Cerebras Systems is scheduled to hit the Nasdaq on May 14 in the most anticipated IPO of 2026 so far.

    The artificial intelligence (AI) infrastructure race has produced no shortage of headline-grabbing companies. With its initial public offering (IPO) set for May 14, Cerebras may be the most closely followed infrastructure name at the moment. The chipmaker is known for its Wafer-Scale Engine (WSE) — a single chip designed to handle the computational demands of large language models (LLMs) more efficiently than clusters of traditional GPUs.

    This capability has caught the attention of leading AI powerhouses OpenAI and Amazon Web Services (AWS). Back in January, OpenAI signed a multiyear, $10 billion deal with Cerebras to purchase 750 megawatts of compute capacity. More recently, the ChatGPT developer doubled down on this relationship by agreeing to purchase $20 billion worth of the company's chips. Meanwhile, AWS agreed to deploy Cerebras' CS-3 system and Elastic Fabric Adapter (EFA) networking on Amazon Bedrock.

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  • 122-year-old yacht built in UK brewery chasing win as it races Brisbane to Gladstone | Fleet conf…

    122-year-old yacht built in UK brewery chasing win as it races Brisbane to Gladstone | Fleet conf…

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    122-year-old yacht built in UK brewery chasing win as it races Brisbane to Gladstone

    Crew member Peter Vaiciurgis with skipper Michael Spies on board the Maritimo Katwinchar.  (Supplied: Andrea Francolini Photography)

    The Maritimo Katwinchar is looking to make history as the oldest boat to compete in the race at 122 years old.

    Favourable weather conditions mean the first boats could come into Gladstone early Saturday morning.

    The skipper of a yacht built in a London brewery 122 years ago is chasing glory as he launches into what could be the boat's final race before entering a museum.

    The Maritimo Katwinchar is among 29 taking part in the 78th annual Brisbane to Gladstone Yacht Race today, with a race briefing starting at Moreton Bay from 10am.

    Fleet confirmed for the 78th Brisbane to Gladstone Yacht Race

    The fleet is confirmed for the 78th Gladstone Ports Corporation Brisbane to Gladstone Yacht Race, set to start tomorrow on Good Friday, 3 April 2026.

    The 308 nautical mile offshore passage from Brisbane to Gladstone remains one of the most respected challenges in Australian sailing, drawing experienced offshore crews as well as emerging teams stepping up to test themselves along the Queensland coast.

    This year’s fleet includes Rolex Sydney to Hobart veterans Wild Thing 100, Maritimo Katwincher, a beautifully restored 120 year old vessel, and V5 from New Zealand. It is a strong line up that should deliver plenty of action and great vision at the start.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

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  • Cavaliers 122-113 Jazz (31 Mar, 2026) Game Recap | The conversation that changed Evan Mobley’s …

    Cavaliers 122-113 Jazz (31 Mar, 2026) Game Recap | The conversation that changed Evan Mobley’s …

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    Cavaliers 122-113 Jazz (31 Mar, 2026) Game Recap

    SALT LAKE CITY — — Evan Mobley and Donovan Mitchell each scored 34 points and the Cleveland Cavaliers used a late fourth-quarter surge to beat the Utah Jazz 122-113 on Monday night.

    Mobley set a season-high for points, including eight dunks, and also had 16 rebounds and three blocks. The 7-footer capped the decisive 14-1 run with a three-point play that made it 117-106 with 3:14 remaining.

    James Harden had 13 points and 14 assists for the Cavaliers, who have won five straight road games and six of their last seven overall.

    Cody Williams scored 26 points, Kyle Filipowski had 20 and Ace Bailey added 19 for Utah. The Jazz have lost six straight and 10 of their last 11.

    Game Recap: Cavaliers 122, Jazz 113

    Cavaliers have now won 6 of the last 7 and move to 47-28 on the year with their 122-113 win over the Jazz. Utah falls to 21-55.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

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  • Nuggets 122-109 Clippers (31 Jan, 2026) Game Recap | Triple MVP’s statement after 16-game absen…

    Nuggets 122-109 Clippers (31 Jan, 2026) Game Recap | Triple MVP’s statement after 16-game absen…

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    Nuggets 122-109 Clippers (31 Jan, 2026) Game Recap

    DENVER — — Nikola Jokic had 31 points and 12 rebounds in his first game in a month, Tim Hardaway Jr. added 22 points and the Denver Nuggets knocked off the Los Angeles Clippers 122-109 on Friday night.

    Jokic, the three-time NBA MVP, missed 16 games after injuring his left knee in the first half of a Dec. 29 loss at Miami. The Nuggets went 10-6 during that stretch, which also included extended absences from starters Cameron Johnson and Christian Braun.

    Jokic’s 29th double-double of the season came despite being on a minutes restriction imposed by coach David Adelman. The 30-year-old Serbian was limited to 25 minutes, his second-fewest in a game this season.

    Triple MVP’s statement after 16-game absence; Doncic’s bonkers 19-minute blitz — NBA Wrap

    Denver superstar Nikola Jokic returned from a 16-game injury absence to post a 31-point, 12-rebound double-double on Friday and propel the Nuggets to a 122-109 NBA victory over the Los Angeles Clippers.

    Three-time NBA Most Valuable Player Jokic had not played since suffering a bone bruise in the left knee he hyperextended in a game against Miami on December 29.

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    He led all scorers, connecting on eight of 11 shots from the field, and also handed out five assists with three steals while playing just 24:32 minutes as the Nuggets halted the Clippers’ winning streak at three.

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    Starting 5, Jan. 31: Joker returns with history

    Jokić’s historic statline, Luka’s 1st-half triple-double, plus everything you need to know for new ways to watch weekend hoops.

    31 points, 12 rebounds, 5 assists. All in under 25 minutes.Joker is back. And on night one, he gave us something no one’s ever done.

    West Superstars: Early minutes maximized in Joker’s return, Luka’s attack

    ESPN Doubleheader: Pistons prove offensive prowess, Magic’s major 4th-quarter rally

    East Over West: Knicks knock Blazers, C’s club Kings, Nets’ Dëmin does it all

    Saturday Primetime On ABC: Coop carries career-best stretch into Texas Showdown with KD’s Rockets

    Today’s Spurs at Hornets game has had its start time moved up to Noon ET (Prime | Tap To Watch), the NBA announced Friday, due to inclement weather expected in North Carolina.

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  • Trail Blazers 122-109 Pelicans (3 Jan, 2026) Game Recap | Portland Trail Blazers vs. New Orleans …

    Trail Blazers 122-109 Pelicans (3 Jan, 2026) Game Recap | Portland Trail Blazers vs. New Orleans …

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    Trail Blazers 122-109 Pelicans (3 Jan, 2026) Game Recap

    NEW ORLEANS — — Deni Avdija had 34 points and 11 assists and the Portland Trail Blazers beat the injury-depleted New Orleans Pelicans 122-09 on Friday night.

    Donovan Clingan had 11 points and 15 rebounds, Shaedon Sharpe scored 23 points and Caleb Love, who hit six 3-pointers, added 22 points for Portland, which took the lead for good in the second quarter en route to a third victory in four games.

    Zion Williamson scored 35 points for New Orleans, but needed more help to prevent the Pelicans from dropping their sixth straight loss. Tookie Jeremiah Fears scored 18 points. Jordan Poole and Karlo Matkovic each had 16 points and Kevon Looney grabbed 12 rebounds.

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    Portland Trail Blazers vs. New Orleans Pelicans: How to watch, game preview, odds

    The Portland Trail Blazers play the New Orleans Pelicans on Friday in an NBA matchup at Smoothie King Center.

    Online: Seventy-six of the Blazers’ 82 games this season can be streamed live or on-demand via BlazerVision for an annual fee of $120.

    How to Watch Rip City TV Network: If you don’t have cable, you can watch the game live for FREE with an HDTV antenna through your local ABC affiliate (Charge 2.2 in Portland). For more information about Rip City TV and how to watch Blazers games, visit nba.com/blazers/watch

    This and that: This is the second game of a three-game trip for the Blazers, who opened with a 124-95 loss at the Oklahoma City Thunder on Wednesday. … The Thunder flexed their NBA-best defense in the blowout, forcing a whopping 25 turnovers, holding Portland to 39% shooting , snatching 15 steals and recording 10 blocks. The Blazers equaled their season-low in points scored. … New Orleans’ eight victories are tied for the second-fewest in the NBA this season with the Sacramento Kings (8-25) and Washington Wizards (8-24). … Since reeling off a surprising five-game winning streak last month, the Pelicans have lost five in a row. … The latest came Wednesday in Chicago, where the Bulls dealt New Orleans a 134-118 defeat. … Zion Williamson finished with 31 points and seven rebounds in the loss. … This is the third of four meetings between the Blazers and Pelicans this season. They have split the first two meetings, but New Orleans won the last, 143-120, on Dec. 11 in New Orleans. …The Blazers not only played with a natural point guard in the loss, but also without a traditional center because of injuries. … Williamson, who has missed 16 games this season with injuries, was unable to play in the first two matchups against the Blazers. The All-Star forward is averaging 22.7 points, 5.8 rebounds and 3.4 assists this season. … A pair of rookies have emerged as starters for the rebuilding Pelicans — center Derik Queen (13.1 points, 7.0 rebounds, 4.0 assists, 1.2 steals per game) and guard Jeremiah Fears) 14.2 points, 3.5 rebounds, 3.1 assists). Among rookies, Fears ranks fourth in scoring and first in steals, while Queen ranks first in rebounding and assists. … But the Blazers won’t have to face Queen Friday night; he’s sidelined with a quad injury.

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