Systems

• Cerebras Systems, developer of the wafer-size WSE-3 AI chip, filed to go public on April 17, 2026, amid accelerating revenue. • The company secured a $125 million revolving credit facility from Morgan Stanley, expandable to $850 million post-IPO, plus a $1 billion loan from OpenAI. • This IPO positions Cerebras to capitalize on surging demand for specialized AI hardware in US data centers and enterprises.

Defendants used sledgehammers and crowbars to destroy drones at Israeli-linked arms factory, says prosecutionSix Palestine Action activists entered an Israeli-linked arms factory intending to smash up as much property as possible before police arrived, a court has heard.Prosecutor Deanna Heer KC said the defendants used sledgehammers and crowbars to destroy drones manufactured by Elbit Systems and computers at its factory in Filton, near Bristol, on 6 August last year. Continue reading...

Royal Navy type 45 destroyer deployed to reinforce security around RAF base in Cyprus to undergo short maintenance stop, says MoDHMS Dragon has docked in the eastern Mediterranean after suffering technical issues with its water systems.The UK’s prime minister, Keir Starmer, announced on 3 March that the type 45 destroyer would be deployed to reinforce security around RAF Akrotiri in Cyprus, two days after the base was struck by a Shahed 136 drone. Continue reading...

Letters to US agency raise concerns over tech firms’ plans to use reflective satellites and expand numbers in low Earth orbitProposals to deploy reflective mirrors and up to 1m more satellites in low Earth orbit could have far-reaching consequences for human health and ecosystems, leading sleep and circadian rhythm researchers have said.Presidents of four international scientific societies representing about 2,500 researchers from more than 30 countries are among those who have raised concerns in letters to the US Federal Communications Commission (FCC). Continue reading...

• Luna Systems, founded at Dublin City University in 2020, has raised €1.5 million to develop AI-powered Advanced Rider Assistance Systems (ARAS) for cycling and motorcycles. • The company's 2026 product launches include a dual AI camera system for e-bike and motorcycle manufacturers featuring collision warning, blindspot detection, and headway monitoring with smartphone integration. • The funding accelerates Luna Systems' transition to a full system provider, inspired by automotive ADAS technology adapted for two-wheeled transportation where fatality rates remain elevated.

• Boeing announced a $18 billion multiyear contract award from the U.S. Department of Defense for development and production of advanced air-to-air missile systems, representing one of the largest defense contracts awarded in the past year. • The program spans eight years and includes approximately 2,000 advanced missiles, supporting air superiority initiatives for the U.S. Air Force and allied nations. • The contract award marks a significant boost to Boeing's defense and space segment, which has faced revenue headwinds from commercial aircraft production challenges, and provides revenue visibility through 2034.

• Nvidia CEO Jensen Huang announced expectations of at least $1 trillion in demand for its Blackwell and Rubin AI systems through 2027, doubling from $500 billion projected through 2026. • This projection signals over 100% annual sales growth for Nvidia amid booming data center demand. • The forecast underscores AI's role in driving U.S. tech sector expansion and GDP growth, with analysts citing non-inflationary productivity gains.

Banks, governments and tech providers urged to upgrade security because current systems will soon be obsolete Banks, governments and technology providers need to be prepared for quantum computer hackers capable of breaking most existing encryption systems by 2029, Google has warned.The tech company said in a blogpost that quantum computers would pose a “significant threat to current cryptographic standards” before the end of the decade and urged other companies to follow its lead. Continue reading...

• Hughes Network Systems won a US Air Force Research Laboratory contract under the RAPID program to develop hybrid satellite networks blending military, allied, and commercial systems. • The project explores software-defined networking, AI, and machine learning for resilient communications in contested environments, routing data across space and terrestrial links. • Aimed at improving military connectivity for command centers and tactical forces, it supports broader DoD efforts like Enterprise SATCOM for flexible bandwidth management.

• Advanced Machine Intelligence raised over $1 billion in a major funding round on March 16, 2026, targeting AI systems specialized in reasoning, planning, and world models. • Investors are shifting capital toward alternative AI architectures beyond traditional large language models, prioritizing deep tech with strategic advantages. • This deal highlights the growing emphasis on startups with access to computational power and proprietary data in the US venture market.

Comfort Systems USA shares posted a 15% weekly gain ending March 13, 2026, forming an outside week upside reversal amid market weakness. The industrial firm's performance stands out as major indexes like the S&P 500 fell 0.6% and Nasdaq dropped 0.9% on Friday due to oil-driven volatility. This breakout signals potential in construction and HVAC sectors despite broader economic caution. Investors eye continued strength if support levels hold into next week.

Comfort Systems USA stock gained 15% for the week ending March 13, 2026, forming an outside week upside reversal pattern that caught investor attention amid market turbulence. The HVAC services provider demonstrated resilience with solid performance, positioning it as a potential leader in industrial stocks. This breakout underscores strength in infrastructure-related sectors as broader indexes like the S&P 500 approached their 200-day lines. Upcoming catalysts could include contract wins tied to US construction spending data.

Comfort Systems USA shares jumped 15% for the week ending March 13, 2026, forming an outside week upside reversal pattern after strong Friday gains. The company reported adjusted diluted earnings per share and revenue figures that beat expectations, driving the rally despite broader market weakness. This performance underscores resilience in construction and HVAC sectors amid economic slowdown concerns. Investors anticipate sustained growth if infrastructure spending continues.