AI chipmaker Cerebras files for IPO to take on Nvidia
WEBSep 30, 2024 · Cerebras faces competition from Nvidia, as well as cloud providers that have developed in-house chips for running artificial intelligence models.
Cerebras reveals revenue surge in US IPO filing, aims to challenge ...
WEB6 days ago · In its IPO prospectus, Cerebras said it expects the AI computing market to grow to $453 billion in 2027 from $131 billion in 2024. ... Reuters, the news and media division of Thomson Reuters, is ...
Cerebras Files Prospectus for I.P.O. - The New York Times
WEBSep 30, 2024 · News and Analysis. Cerebras, a chip company with bold ambitions to take on Nvidia, filed for an I.P.O., taking a key step toward being among the first A.I. companies to go public since the release ...
Cerebras IPO date nears; AI chipmaker will list stock on Nasdaq
WEB5 days ago · As for what the IPO could ultimately net the company, Renaissance Capital estimates that a Cerebras IPO could generate $800 million. ... News Housing market update: ...
Cerebras IPO: Upstart AI Chipmaker Hopes To Challenge Nvidia
WEB5 days ago · AI-focused chip designer Cerebras Systems filed for an IPO late Tuesday, as the startup looks to stand out category dominated by Nvidia.
Cerebras files for IPO, shows rapid revenue growth and declining …
WEB5 days ago · Back in 2022, the Cerebras's total revenue comprising of hardware sales and services, was $24.62 million, whereas its loses topped $177.7 million.
Cerebras Files For The Very First Generative AI IPO - Forbes
WEB5 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 ...
Is This Company an "Nvidia Killer?" What to Know About Cerebras' IPO
WEB21 hours ago · One such start-up, Cerebras, just filed a prospectus ahead of an impending initial public offering (IPO). After reading, I think Cerebras is a name every Nvidia investor should monitor closely.
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 Systems Eyes $7-8B Valuation in IPO - Nasdaq
WEBSep 25, 2024 · Cerebras Systems, a Silicon Valley startup specializing in AI-optimized semiconductors, is preparing to launch its initial public offering (IPO) this week. The company is reportedly aiming to raise...