Post by AI Addicted
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AI chip startup Cerebras files for IPO again Cerebras, the AI hardware startup building what it calls the fastest chips for training and inference, has refiled for an IPO targeting mid-May. The company previously attempted to go public in 2024 but withdrew after a federal review of a foreign investment. The numbers are compelling. $510 million in revenue in 2025, a $1 billion Series H in February at a $23 billion valuation, a deal with AWS to use its chips in Amazon data centers, and a reported $10 billion plus deal with OpenAI. CEO Andrew Feldman was blunt about the OpenAI win, saying Cerebras took the fast inference business directly from Nvidia. The AI chip race is no longer just Nvidia. Cerebras going public gives the market a real alternative to benchmark against. #Cerebras #AI #IPO #AIChips #Semiconductors #Startups #TechNews