OpenAI’s cozy partner Cerebras is on track for a blockbuster IPO
In the long-running saga that is Cerebras Systems’s IPO, the finish line is finally in sight. The AI chipmaker said on Monday that it is preparing to sell 28 million shares at $115 to $125 a share. This would raise $3.5...
Anthropic — What company has the best second artificial intelligence model at the end of June?
A striking development has emerged in artificial intelligence. In the long-running saga that is Cerebras Systems’s IPO, the finish line is finally in sight. The AI chipmaker said on Monday that it is preparing to sell 28 million shares at $115 to $125 a share.
5 billion and give it a $26. 6 billion market cap at the high end.
That would be a nice bump in just a couple of months for the late investors who piled into its $1 billion Series H at a $23 billion valuation in February. It would also be a boon to OpenAI and a few of its executives.
This advance offers important signals about the future of the sector, and the tech world is watching closely.
