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Cerebras is aiming for a significant valuation in its US initial public offering.
Cerebras seeks a $26.62 billion valuation in its US IPO, aiming to raise $3.5 billion.
KEY POINTS
- Cerebras secured a multi-year, $20 billion deal with OpenAI to deploy 750 megawatts of compute.
- Cerebras reported a profit of $1.38 per share after a previous loss of $9.90 per share.
- Cerebras withdrew a prior IPO filing last October and is now attempting a second public listing.
COMPANIES
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