The Cerebras IPO is a bellwether for AI startups

AI chipmaker Cerebras stock slid in early trading Friday, after soaring 68% in its public debut Thursday sending a strong signal as the first of many AI company initial public offerings this year.

Meanwhile Nvidia’s Jensen Huang, Apple’s (AAPL) Tim Cook, and Tesla’s (TSLA) Elon Musk are in China alongside President Trump for his meeting with Chinese President Xi Jinping. Xi told the CEOs and others that China will “open wider” to US businesses…Watch Full Video