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Cerebras Systems, a startup specializing in semiconductors designed for artificial intelligence applications, has confidentially filed for an initial public offering (IPO) in the United States. The company is targeting a launch for its IPO as soon as October 2024. Cerebras Systems has garnered support from significant investors, including the Abu Dhabi Growth Fund and Coatue Management, which positions it well for its expansion in the AI sector.
Middle East AI News Minute - 03-Aug-24 - Abu Dhabi-backed #Cerebras files for #IPO 🎧 Substack https://t.co/TuSZKvKmfM 🎧 Spotify https://t.co/VZbokrIEuq 🎧 Anghami https://t.co/SmtGEMW1sC #MiddleEastAINews #Podcast https://t.co/kCoOwyFdVx
👀 BREAKING: CEREBRAS SYSTEMS FILES FOR U.S. IPO AI chipmaker Cerebras Systems has confidentially filed for an initial public offering in the United States. Supported by major investors like the Abu Dhabi Growth Fund and Coatue Management, Cerebras aims to expand its AI… https://t.co/VSlCjhijwq
Cerebras Systems, a startup making semiconductors optimized for AI uses, is targeting a launch for its IPO as soon as October. https://t.co/3xkIWKjHqW