POET Technologies Ord Shs POET

Oh Oh...Doesnt look like CAI needs POET anymore

[spygate]

CAI just purchased Rockley's patent portfolio...well atleast we have a reason for todays decrease

[maestrodrumboe]

Very smart move by Cai...Looks like they will be able to go it on their own and they won't need Poet any longer......LMSO https://www.businesswire.com/news/home/20241022179057/en/Celestial-AI-Acquires-Rockley-Photonics-Patent-Portfolio-Strengthening-Photonic-Fabric%E2%84%A2-IP

[wintersun10]

Ofcourse if they dont need Poet anymore not that good. But, if it makes CAI a stronger customer of Poet's. Yeah, that would be a Good Thing. I guess we will see. Early response is down, so apparently I am the only one to consider the option for the news to help Poet. Wait and see.

[daytrader18939]

Are you telling me all roads DON'T lead to Poet? I just told all of my friends and family to back up the truck. Where will I go for Christmas dinner? Lmsolol

[spygate]

No soup for POET anymore...they tout a Tier 1 client and that client walked, they tout CAI and it sure seems like they are walking. I think our only chance right now is CAI taking us out and progressing the technology on their own. Outside of the pom pom $70...err, $700 club now most would likely welcome a buyout and end the charade of monetizing the technology

[maestrodrumboe]

looks like CAI won't need Poet and they can do it on their own..DL owes nothing to Poet ,outside of a business relationship and they will go with  what works best for the Cpmpany..and DL, having worked for POET has the secret sauce.Plus,all they need do.is wait another couple of years  util POET goes the way of Rockley and then buy the POET Patents for a mere few Million..

[wintersun10]

Yeah, a buyout merger where Poet shearholders get CAI shears and management, now that would be something to celebrate. We can hope. As hope is all for the duration of TWO YEARS of TESTING.

[lscfa]

There's no guarantee Celestial will be successful anyway. It has competitors....   OK, just who is Cerebras, again? If you follow me, you know that I have long been a fan of Cerebras Systems, their CEO Andrew Feldman who I have known for 12 years, and the Wafer Scale Engine (WSE) approach to AI computing. The idea is so straightforward and so compelling. Instead of