Cerebras reports Q3 core revenue up 70% YoY to $230.9M, vs. $214.7M est., issues strong guidance, and announces a Microsoft deal; CBRS jumps 15%+ after hours (Jordan Novet/CNBC)

First reported by Crypto Briefing at Thu 3:20 PM · 3 outlets in all

1. Techmeme17mCerebras reports Q3 core revenue up 70% YoY to $230.9M, vs. $214.7M est., issues strong guidance, and announces a Microsoft deal; CBRS jumps 15%+ after hours (Jordan Novet/CNBC)
2. CNBC31mCerebras surges 18% after beating on quarterly revenue and announcing Microsoft dealCerebras announced a new deal with Microsoft after partnering with major cloud providers Amazon and Oracle.
3. Crypto Briefing31mCerebras beats revenue expectations and lands Microsoft dealCerebras' growth and strategic partnerships highlight its potential to significantly impact the AI infrastructure market despite current losses.