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The Latest Breaking News from Andrew Feldman

Kevin O’Leary slams people who want work-life balance: ‘I hope they work for my competitors’

The Shark Tank star says he wants employees who go above and beyond, but Gen Z workers say they'd take a $5,000 pay cut to keep that boundary.

Fortune

Cerebras soars almost 70% by market close in a true blockbuster IPO

Cerebras’s first day stock pop reflected clip-mania: shares rocketed 70% by market close.

Fortune

Cerebras’ blockbuster debut shows the AI infrastructure boom is far from over

The offering is one of the largest U.S. tech IPOs in years and is seen as a wider stress test for a wave of AI listings Wall Street is bracing for later in the year.

Fortune

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Netflix cofounder says he stopped work at 5 p.m. every Tuesday for 30 years to stay ‘sane,’ no matter the crisis: ‘Nothing got in the way of that’

Marc Randolph ran Netflix for seven years and never let a meeting, crisis, or last-minute request stand in the way of his Tuesday 5 p.m. hard stop. Experts and fellow CEOs are divided on whether that’s genius—or naive.

Fortune

Tory peer to leave Lords after investigation finds he breached standards over Covid PPE deals

Lord Chadlington introduced government to company in which he had financial interest in 2020

The Guardian - UK

Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to success

Jeff Bezos, founder of retail giant Amazon, which just topped the Fortune 500, is dismissive of the word “balance”—and he’s not alone.

Fortune

After Nvidia’s Groq deal, meet the other AI chip startups that may be in play—and one looking to disrupt them all

Nvidia’s $20 billion Groq deal signals that AI inference—not training—will be the big focus going forward, lifting a crop of chip and software startups while reigniting debate over how long Nvidia's dominance can last.

Fortune

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Work-life balance finally outranks pay as a top motivator for job seekers, but CEOs aren’t sold

Gen Z talent rank work-life balance far above pay, more than any other generation of workers. Meanwhile, CEOs are split on whether it’s possible to have the best of both worlds.

Fortune

Netflix cofounder says he stopped work at 5 p.m. every Tuesday for 30 years to stay ‘sane,’ no matter the crisis: ‘Nothing got in the way of that’

For Marc Randolph, the cofounder of $467 billion entertainment giant Netflix, there was one rule about clocking out that kept him “sane” while working for three decades.

Fortune

Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to success

Jeff Bezos hates the word ‘balance’—and he’s not alone. Reid Hoffman says chasing it means you’re not serious about winning, while other billionaire CEOs argue it’s incompatible with success.

Fortune

CEO of $8 billion AI company says it’s ‘mind-boggling’ that people think you can work 38 hours a week, have work-life balance, and be successful

Cerebras cofounder Andrew Feldman warned aspiring entrepreneurs they need to be working “every waking minute,” echoing the likes of Zoom CEO Eric Yuan and LinkedIn’s Reid Hoffman.

Fortune

How a VIP contract introduced by Tory peer left government owed £24m

DHSC rejected as ‘unusable’ PPE supplied by company linked to Lord Chadlington, which later went bust

The Guardian - UK

World's largest AI chip maker hit by crypto scam - Cerebras says token isn't real, so don't fall for it

$CEREBRAS is not a legitimate cryptocurrency – Cerebras' X account got hacked to push a fake coin, execs confirm.

TechRadar

Tory peer investigated for third time by Lords watchdog over ‘VIP lane’ contracts

Investigation follows publication by Covid-19 inquiry of messages sent by Lord Chadlington introducing SG Recruitment to government

The Guardian - UK

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The Guardian - UK

Tory peer introduced PPE firm to government after Cameron text, Covid inquiry hears

Inquiry looks at contracts worth £50m awarded to company linked to Lord Chadlington after he emailed DHSC adviser

Radio France Internationale

France's Mistral AI teams up with UAE-backed developers as Le Chat app launches

French AI start-up Mistral has partnered with Cerebras Systems, an artificial intelligence chip firm backed by UAE tech conglomerate G42, to power the launch of its new AI assistant Le Chat, which claims to be the world’s fastest, delivering 1,000 words per second.

Fortune

AI chipmaker Cerebras says it's been 'crushed with demand' for China's DeepSeek from business customers

Cerebras says its U.S.-hosted DeepSeek service is the fastest out there.

Fortune

Three chip leaders on what drives them to compete against $3 trillion Nvidia — and where the opportunity is

AMD, Cerebras Systems, and Altera executives explain the importance of competition in the chips world at Fortune’s Brainstorm AI in San Francisco on Tuesday.

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Fortune

Cerebras hopes planned IPO will supercharge its race against Nvidia and fellow chip startups for the fastest generative AI

Cerebras is in a fierce race with fellow AI chip startups Groq and SambaNova for the title of ‘fastest generative AI.’

Tom’s Hardware

Cerebras Boss Calls Nvidia ‘Un-American’ for Sanctions-Swerving GPUs

The CEO of Cerebras has accused Nvidia of following the letter of the law regarding US-China sanctions, but limboing under the GPU restrictions in an unpatriotic manner.

TechRadar

"Predatory pre-annoucement" - The brain behind the largest CPU ever calls out Nvidia for spreading ‘FUD’ amidst surprise updated GPU roadmap announcement

Nvidia is promising annual GPU releases until 2026, but not everyone thinks they can follow through on this.

The Guardian - UK

Tory peer cleared for second time of breaking lobbying rules over PPE contracts

Watchdog says there is insufficient evidence Lord Chadlington breached rules over £50m in contracts

The Guardian - UK

Watchdog opens fresh inquiry into Tory peer over possible PPE lobbying breach

Lords standards commissioners to investigate Lord Chadlington over alleged rule-breaking in relation to £50m PPE contracts

The Guardian - UK

Call for watchdog to reinvestigate Tory peer over possible PPE lobbying breach

Lord Chadlington may have misled inquiry over introduction of firm awarded £50m in PPE contracts, Labour peer suggests

The Guardian - UK

Government likely to lose millions in dispute over PPE contract awarded via ‘VIP lane’

SG Recruitment UK allegedly failed to deliver on £20m-plus Covid contract awarded after Lord Chadlington introduction

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