AI chipmaker Cerebras files for IPO to take on Nvidia
WEB6 days ago · Cerebras faces competition from Nvidia, as well as cloud providers that have developed in-house chips for running artificial intelligence models.
Cerebras Files For The Very First Generative AI IPO - Forbes
WEB3 days ago · Why an IPO, and why now? The timing could be good. Cerebras’ revenue grew more than 14-fold to $136.4 million in the first half of 2024, and the company’s net loss declined from $77.8 million ...
Cerebras Files Prospectus for I.P.O. - The New York Times
WEB6 days ago · Cerebras’s prospectus said G42 represented 87 percent of its revenue in the first half of the year. G42 has committed to buy $335 million worth of Cerebras’s stock by April of next year, which ...
ETFs in Focus as Cerebras Systems Plans IPO Amid AI Chip Boom
WEB2 days ago · Renaissance IPO ETF IPO may also include the Cerebras stock in its portfolio. Business Model and Competitive Position Cerebras "design(s) processors for AI training and inference," the filing said ...
Cerebras reveals revenue surge in US IPO filing, aims to challenge ...
WEB5 days ago · (Reuters) -Cerebras Systems, a startup competing with industry leader Nvidia for a slice of the lucrative AI chip market, said late on Monday its revenue surged more than threefold in 2023, in a...
Cerebras IPO: Upstart AI Chipmaker Hopes To Challenge Nvidia
WEB4 days ago · Cerebras IPO: Revenue Up 220% Last year, Cerebras reported revenue of $78.7 million, up 220% from a year earlier. The company narrowed its net loss to $127 million in 2023, compared to a $177.7 ...
Cerebras Systems Eyes $7-8B Valuation in IPO - Nasdaq
WEBSep 25, 2024 · Cerebras Systems is targeting an IPO to raise up to $1 billion, potentially valuing the company at $7 billion to $8 billion. The company's CS-3 system is tailored to handle complex AI computing ...
AI Chipmaker Cerebras Files for US IPO - U.S. News & World Report
WEB5 days ago · US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. ... In its IPO prospectus, Cerebras said it expects the AI computing market to grow to $453 billion ...
AI chipmaker Cerebras confidentially files for US IPO
WEBAug 1 (Reuters) - Artificial intelligence chipmaker Cerebras Systems has confidentially filed for an initial public offering in the United States as it prepares to challenge industry heavyweight...
Cerebras IPO date nears; AI chipmaker will list stock on Nasdaq
WEB5 days ago · Cerebras Systems, an AI chipmaker with ambitions to rival Nvidia, has filed SEC paperwork for an IPO, with plans to list shares on the Nasdaq.