semiconductor / news / / Reuters
Cerebras is known for its wafer-scale engine chips, designed to speed up the training and inference of large AI models.
Cerebras is seeking a $26.62 billion IPO valuation, aiming to raise $3.5 billion.
KEY POINTS
- Cerebras secured a multi-year deal with OpenAI, valued at over $20 billion for 750MW of compute.
- The company reported a profit of $1.38 per share in 2023, reversing a prior year loss.
- Cerebras withdrew a previous IPO filing last October and is now attempting again.
COMPANIES
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