Reuters:
Source: Cerebras is expected to price its shares at between $115 and $125 and go public with the “CBRS” ticker; Cerebras is targeting a $40B valuation  —  AI chipmaker Cerebras Systems, a rival to Nvidia <NVDA.O>, is scheduled to kick off its IPO roadshow on Monday …

Pieter Haeck / Politico:
Legislators and experts criticize the EU's €20B sovereign compute data center plan, questioning whether there is demand and the plan's reliance on Nvidia GPUs  —  Critics argue that there's no demand for the massive computing hubs Brussels has planned.

Wall Street Journal:
An analysis of 1.6M Polymarket accounts since November 2022: 0.1% of users take 67% of profits, with the highest-frequency traders seeing the most success  —  A WSJ analysis shows a small number of accounts on Polymarket and Kalshi—often pros using data-driven algorithmic trading—take home most of the winnings

Jacob Shamsian / Business Insider:
A profile of William Savitt, Sam Altman's lead lawyer against Elon Musk, who represented Twitter against Musk in 2022 and helped OpenAI's for-profit transition  —  - William Savitt is representing Sam Altman in Elon Musk's lawsuit trying to dismantle OpenAI.

New York Times:
Chinese state media: AI-generated Chinese microdramas to be worth $3B+ in 2026, out of a $14B+ total microdrama market, boosted by tools like Seedance 2.0  —  This actor was just hitting his stride when A.I.-generated dramas took off and roles disappeared.  —  This director is thrilled …