Cerebras to File for IPO as Soon as Friday
Cerebras, an AI chipmaker, is set to file for an IPO on Friday, according to two anonymous sources. The company was valued at $23 billion in February and has secured a $20 billion deal with OpenAI, which will also receive warrants to buy Cerebras shares. This development highlights the growing importance of AI infrastructure in the tech sector.
Tickers: $ORCL
Topics: AI chips Cerebras cloud computing IPO OpenAI