AI Daily: AMD announces AI inference solution partnership with Cerebras

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled. EARNINGS: Alphabet (GOOGL) is trading down on Thursday after raising its capital spending forecast to as much as $205B this year, reigniting concerns about a lack of spending discipline in the race to dominate AI. Tesla (TSLA) is also underperforming after profit tumbled despite a strong quarter for its automotive business, pressuring Elon Musk's plan to refocus the EV-maker on AI and robots. PARTNERSHIP: AMD (AMD) and Cerebras Systems (CBRS) announced a technical partnership to deliver a new disaggregated AI inference solution that combines AMD Helios rackscale solutions with the Cerebras Wafer-Scale Engine. Unveiled at Advancing AI 2026, the solution is designed to deliver the ultra-low latency required for the most advanced AI applications while dramatically increasing the throughput and efficiency. The joint AMD and Cerebras solution will deploy AMD Helios alongside Cerebras Wafer-Scale Engine technology integrated in a single inference workflow for maximum performance and efficiency. AMD Helios will provide a.