cerebros systemA startup building what CEO Andrew Feldman describes as “the fastest AI hardware for training and inference” filed to go public.
The company previously filed for an initial public offering in 2024, but it was delayed and ultimately withdrawn due to a federal review of Abu Dhabi-based G42’s investment. cerebrus Raised $1.1 billion Series G At an $8.1 billion valuation last year.
In recent months the company announced An agreement with Amazon Web Services Amazon to use Cerebras chips in data centers, as well as a deal with OpenAI Reportedly worth more than $10 billion.
In A recent interview with the Wall Street JournalFeldman claimed, “Obviously, [Nvidia] We didn’t want to lose the fast inference business to OpenAI, and we took it from them.
According to the filing, Cerebra projects revenue of $510 million in 2025, with net income of $237.8 million (excluding some one-time items, it had a non-GAAP net loss of $75.7 million).
No company has disclosed how much amount it expects to raise from the IPO. The offering is planned for mid-May, a spokesperson told the WSJ.
