Cerebras Files Prospectus for I.P.O. - The New York Times
WEB2 days ago · The company revealed it brought in $136 million in revenue in the first six months of 2024, an increase of more than 15-fold from $8.6 million year earlier.
What You Need To Know About AI Chipmaker Cerebras' IPO Filing
WEB7 hours ago · Cerebras Systems, an artificial intelligence (AI) chipmaker looking to grow its share of a competitive market, filed for an initial public offering (IPO) on Monday. The company makes larger chips ...
Cerebras’ IPO bets that AI hype matters more than profitability
WEB5 hours ago · Notable VC-backed AI chip designers. Cerebras’ growth has been extremely rapid. Its revenue soared from $8.7 million in the first half of 2023 to $136.4 million in H1 2024, a year-over-year increase of 1,467.8%. But there’s a big asterisk: 87% of its revenue in the first half of 2024 came from a single customer, Abu Dhabi-based AI company G42.
AI chip firm Cerebras reveals threefold revenue jump in US IPO filing
WEB1 day ago · Cerebras' revenue surged to $78.7 million in the 12 months ended Dec. 31 versus $24.6 million a year earlier. Loss narrowed to $2.92 per share compared with $4.28 apiece.
Cerebras IPO: Upstart AI Chipmaker Hopes To Challenge Nvidia
WEB9 hours ago · Cerebras IPO: Revenue Up 220%. Last year, Cerebras reported revenue of $78.7 million, up 220% from a year earlier. The company narrowed its net loss to $127 million in 2023, compared to a $177.7 ...
AI chipmaker Cerebras files for IPO to take on Nvidia
WEB2 days ago · Key Points. Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering. It plans to trade under the ticker symbol "CBRS" on the Nasdaq ...
IPO Watchlist: The AI and machine learning startups most
WEBJan 31, 2024 · Here are the 10 US VC-backed AI and machine learning unicorns that are most likely to go public according to PitchBook’s VC Exit Predictor, which uses a machine learning model fed with historic and real-time data on exits to calculate the probability of an exit through an IPO or M&A.
Shares of AI chip designer Arm jump 25% after largest IPO in
WEBSep 15, 2023 · After a nearly two-year drought in the IPO market, UK-based chip designer Arm made a successful Nasdaq debut on Thursday, finishing the day 25% higher and landing the company with a market cap of...
AI cloud startup Astera Labs rockets 72% in Nasdaq debut
WEBMar 20, 2024 · AI cloud startup Astera Labs rockets 72% in Nasdaq debut. Wall Street welcomed the year’s first AI IPO with a bang. Shares of Astera Labs, which makes chips and infrastructure for AI cloud data centers, shot …
Amazon gets boost from 72% pop in AI company Astera Labs' IPO
WEBMar 20, 2024 · Key Points. Astera Labs made its debut on the Nasdaq, hoping to cash in on the AI frenzy. Amazon is set to benefit from the buzzy IPO after signing warrant agreements that allow it to buy about...