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Cerebras targets $26.6 billion valuation in US IPO

Cerebras targets $26.6 billion valuation in US IPO as AI chip demand surges

By Echo Wang, Manya Saini and Pritam Biswas May 4 (Reuters) - Nvidia-rival Cerebras is seeking a valuation of as much as $26.62 billion in its U.S. initial public offering, as heavy spending on AI infrastructure lifts demand for advanced chips and fuels investor appetite for the sector.

The American Bazaar · 2d

AI chipmaker Cerebras eyes $26.62 billion IPO, positioning against Nvidia

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Cerebras requires limit orders from IPO buyers as demand grows

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Cerebras Plans Up to $3.5 Billion IPO

Chip startup Cerebras Systems will offer 28 million shares in its planned initial public offering at a price of $115 to $125 a share.

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AI chipmaker Cerebras targets $3.5 billion raise in IPO

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Nvidia Rival Cerebras Seeks to Raise $3.5 Billion in US IPO

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AI chip provider Cerebras seeks to raise $3.5B in IPO at $26.6B valuation

The company hopes to raise as much as $3.5 billion by selling 28 million shares for $115 to $125 apiece.

The Bakersfield Californian · 2d

Cerebras Systems Announces Launch of Initial Public Offering

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Wall Street Lunch: AI Chipmaker Seeks $3.5B In IPO, Eyes $26.5B Valuation

EDN

Engine-on-a-chip promises new portable energy source

A team of researchers at MIT has demonstrated that a tiny gas-turbine inside a silicon chip about the size of a quarter can run 10 times longer than a battery. This development promises a new source of energyï¿½beyond the common batteryï¿½for ...

The Next Platform

How Long Before Broadcom Makes More AI Compute Engines Than Nvidia?

Chip maker and enterprise software player Broadcom announced its financial results for the final quarter of its fiscal 2024 today, which ended on November third, and all we kept thinking about as chief executive officer Hock Tan went over the numbers was ...