Cerebras Systems Inc., a maker of chips and other tech infrastructure for artificial intelligence, filed for an initial public offering on Monday, as more startups look to make a name for themselves in a space occupied by tech juggernauts like Nvidia Corp.

Artificial intelligence chipmaker Cerebras Systems on Monday filed for an initial public offering in the United States. Your trusted source for the latest news delivered weekdays from the team at U.S.

Cerebras Systems recorded an over threefold jump in annual revenue in 2023, the artificial intelligence chip firm said on Monday in its paperwork for a U.S. initial public offering. Businesses racing to adopt AI applications like ChatGPT have benefited the companies behind the semiconductors needed to power the technology.

(Reuters) -Artificial intelligence chip firm Cerebras Systems on Monday filed for an initial public offering in the United States. The float will test market appetite for AI-linked stocks, after concerns of excessive euphoria around the sector prompted some investors to rotate out of technology stocks and into value shares earlier this year.

Artificial intelligence chipmaker Cerebras Systems has filed for an initial public offering (IPO), aiming to trade under the ticker symbol “CBRS” on the Nasdaq. The company, founded in 2016 and headquartered in Sunnyvale,