Cerebras raises $5.5B, then stock pops $108%, in the first huge tech IPO of 2026
TechCrunch AI ↗
A year ago, it looked like this day would never happen for Cerebras.
AI BRIEFING · 2026-05-14
AI Briefing — May 14, 2026
The 10 most important AI stories of May 14, 2026, hand-curated from the day's coverage. Every story links to its primary source.
Musk lawyers accuse OpenAI of deception in close of mega-trial
Axios ↗
Attorneys for Elon Musk wrapped up their case against OpenAI on Thursday, asserting in closing arguments that they've proven the AI giant misused the millions of dollars Musk donated and violated their duty to uphold OpenAI's founding ethos.The other side: OpenAI lawyers countered that Musk's $38 million donations in the early days of OpenAI didn't have specific strings attached and that the organization has continued to pursue its mission, albeit with various changes in structure.OpenAI and Mic...
The earth beneath your feet just minted a $10 billion company to power America’s AI boom
Fortune AI ↗
Fervo is building its first commercial power plant project in Utah with goals to scale nationwide with the data center construction wave.
The SpaceX IPO is already upending the stock market
Axios ↗
Elon Musk's $1 trillion-plus SpaceX isn't a public company yet, but its size and ambitions are already upending the stock market and sparking questions over the power and influence wielded by such behemoths.Why it matters: The IPO, expected next month, would signal the start of a new AI era for the public markets, potentially valuing SpaceX as much as $2 trillion.The big picture: OpenAI and Anthropic are also expected to IPO this year — possibly translating into $5 trillion in value in the marke...
Sources: 50+ researchers and engineers have left xAI since the SpaceX acquisition via layoffs, firings, and voluntary departures; many have joined Meta and TML (Theo Wayt/The Information)
TechMeme ↗
Theo Wayt / The Information: Sources: 50+ researchers and engineers have left xAI since the SpaceX acquisition via layoffs, firings, and voluntary departures; many have joined Meta and TML — Call it the SpaceXAI exodus. — More than 50 researchers and engineers working on xAI's Grok models have left ...
SoftBank posts $46 billion gain at Vision Fund driven mainly by massive OpenAI bet
CNBC Technology ↗
SoftBank booked a yearly gain of $46 billion at its Vision Fund driven in large part by the huge rise in value of its investment in OpenAI.
Sources: Intel has begun testing production of "low-end/legacy iPhone, iPad, and Mac processors"; Apple thinks TSMC's resources will continue tilting toward AI (@mingchikuo)
TechMeme ↗
@mingchikuo: Sources: Intel has begun testing production of “low-end/legacy iPhone, iPad, and Mac processors”; Apple thinks TSMC's resources will continue tilting toward AI — ... Apple has kicked off low-end/legacy iPhone, iPad, and Mac processors at Intel on the 18A-P series (using Foveros packaging).
Anthropic reinstates OpenClaw and third-party agent usage on Claude subscriptions — with a catch
VentureBeat ↗
Good news, OpenClaw fans — you can once again use your Claude AI subscription to power the hit, open source, autonomous AI agentic harness! But, there's a big catch with how it's being enacted. A few hours ago, Anthropic announced via its official developer communications account on X, @ClaudeDevs, that it is changing its Claude paid subscription tiers, introducing a new subcategory of "Agent SDK" credits for all paid subscribers, which they can now allocate specifically for ...
Agent authorization is broken — and authentication passing makes it worse
VentureBeat ↗
Anthony Grieco, Cisco’s SVP and chief security and trust officer, did not hesitate when VentureBeat asked whether rogue agent incidents are reaching Cisco’s customer base."A hundred percent. We see them regularly," Grieco told VentureBeat in an exclusive interview at RSAC 2026. "I've heard some that I can't repeat, but they do get to the places of, you know, agents are doing things that they think are the right things to do."The incidents Grieco described follow a c...
Archivists Turn to LLMs to Decipher Handwriting at Scale
IEEE Spectrum AI ↗
When I sat down with bell hooks’ personal journals at an archive at Berea College in Kentucky, I expected an intimate peek into her private thoughts, her voice before the editing. What I got instead was frustration. Her handwriting was dense cursive, all loops that looked identical to my eye, and there were years of journals to go through. I found myself photographing pages and feeding them to ChatGPT just to read what she’d written. My tool of choice worked well, and it turns out I’m not the fi...
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