Musk vs OpenAI Is Over. The Money Machine Is Not.
The Musk vs. OpenAI trial ended, but the real story played out elsewhere. Cerebras surged 68% on its IPO, Anthropic targeted a $900 billion valuation, and OpenAI restructured $97 billion in compute costs. The AI founder class didn’t wait for any verdict.
Cerebras Raises $5.5B and Opens 2026 IPO Season
Cerebras just raised $5.5B, opening the 2026 IPO season with the biggest AI infrastructure bet yet. Combined with Khosla Ventures’ $10M bet on AI accounting startup Synthetic, the signal is clear: AI is replacing the financial back office and institutions have already voted with their money.