Welcome to the Tech Mem Ride Home for Tuesday, October 1st,

2024, I'm Brian McCullough today.

Do we have the first IPO of the AI era?

Do we have the first AI model beyond the transformer architecture?

Microsoft has a bunch of new AI tools inside Windows. I try to explain that

whole controversy around Pear AI and what about that notebook

LM feature that lets you create a two-hander podcast out of any text?

You're going to want to listen to the end because well of course I had to try it out.

Here's what you missed today in the world of tech.

AI-CHIP startup Cerebras Systems has filed for a US IPO with plans to trade on the NASDAQ with the ticker symbol CBRS.

Also it reported 66.6 million dollars of a net loss on 136.4 million million in sales in the first half of 2024.

Now I'm suggesting this is the first IPO of the current AI era because I couldn't think of anybody

else that this would apply to, but feel free to correct me if I just am wrong and not remembering.

Quoting CMBC.

So Reebros competes with NVIDIA whose graphics processing units are the industry's choice for training

and running AI models. Suribis says on its website that its

WSE 3 chip comes with more cores and memory than NVIDIA's popular H100. It's also

a physically larger chip. In addition to selling

chips, Suribis offers cloud-based services that rely on its own computing clusters.

Operating expenses have increased this year in part because of

higher personnel costs to support revenue growth the company said in addition to

NVIDIA cerebrus cites AMD Intel, and Google as competitors, quote, as well as internally developed

...