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Technology

From Brink of Collapse to $60B Valuation: The Turbulent Origins of Cerebras Systems.

May 16, 2026 at 3:06 PM

Cerebras Systems, currently valued at $60 billion following a successful IPO, once faced existential threats in 2019 while burning through $8 million monthly to solve unprecedented semiconductor engineering challenges.

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From Brink of Collapse to $60B Valuation: The Turbulent Origins of Cerebras Systems
Local News
Sri Lanka Sets Roadmap to Abolish CESS Levies by 2029
Image Source : sundaytimes.lk

Sri Lanka Sets Roadmap to Abolish CESS Levies by 2029.

May 2, 2026 at 7:41 PM
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Local News

Local Manufacturers Sound Alarm Over Proposed Cess Tax Phase-Out.

Industry leaders in Sri Lanka are urging the government to reconsider its plan to phase out the Cess tax on over 2,600 imports, warning that local small and medium enterprises lack the economies of scale to compete globally without this protection.

April 6, 2026 at 4:47 AM
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