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Cerebras Files for IPO

Money Talks News on MSN · 22m

Cerebras Systems Files for IPO, Aims to Challenge Nvidia in AI Chip Market

Cerebras Systems, an AI chip startup, has filed for a U.S. IPO as it aims to compete with Nvidia in the lucrative AI hardware market. The company's revenue tripled to $78.7 million in 2023, with a significant portion coming from AI group G42.

Cerebras Files For The Very First Generative AI IPO

If Cerebras can grow beyond its initial benefactor, G42, this IPO will be a rocket ship. If not, … It may be hard to believe, but there hasn’t been a single IPO for an AI hardware company. Period. Not One.

Investopedia · 4d

What You Need To Know About AI Chipmaker Cerebras' IPO Filing

Cerebras Systems, an AI chipmaker that lists among its competitors tech giants Nvidia, Microsoft, and Intel, filed for an IPO Monday, looking to capitalize on widespread enthusiasm about the AI industry.

3d

Beware hallucinations in AI chipmaker IPO

ChatGPT lit a capital fuse in artificial intelligence, especially for its silicon masters. Nvidia chips, essential for ...

1don MSN

There are 3 signs that generative AI might be reaching peak market froth — and it's not just OpenAI

Signs that the AI frenzy is getting frothy have emerged in recent weeks across different segments such as chips, AI models ...

2d

ETFs in Focus as Cerebras Systems Plans IPO Amid AI Chip Boom

If Cerebras Systems goes public, Cerebras Systems stock may find a place in semiconductor ETFs like VanEck Semiconductor ETF ...

3d

Where Will C3.ai Stock Be in 3 Years?

But today, C3.ai trades at $24. It plummeted below its IPO price as its growth slowed down, it racked up more losses, and ...

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