AI Chipmaker Cerebras Is Said to Target Up to $4 Billion in IPO

Cerebras Systems Inc. is seeking to raise as much as $4 billion in its initial public offering, according to people familiar with the matter, as demand for the artificial intelligence...

By Bailey Lipschultz, Ryan Gould, Ian King · Bloomberg

Cerebras Systems Inc. is seeking to raise as much as $4 billion in its initial public offering, according to people familiar with the matter, as demand for the artificial intelligence chipmaker and data center operator’s shares heats up.