Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
AI chipmaker Cerebras Systems, a competitor to Nvidia, reportedly files for an IPO https://t.co/pbtzqcrJHc
Source: AI chipmaker Cerebras confidentially filed for a US IPO; filing: in early June, it authorized new shares at a steep discount to its 2021 funding round (The Information) https://t.co/jF2zkoH6nD š« Subscribe: https://t.co/OyWeKSRpIM https://t.co/GZ5f0t3e6X
Cerebras has filed for IPO https://t.co/jDFJzkyX18
AI chipmaker Cerebras Systems has confidentially filed for an IPO, aiming to compete with industry giant Nvidia. Nvidia's AI halo continues to impact the IPO market. The company, valued at approximately $2.5 billion, authorized new shares for an impending 'F-1 round' at a steep discount to its prior 2021 funding round. The filing was reportedly made in early June.