Cerebras targets $26.6 billion valuation in US IPO as AI chip demand surges
May 4 : Nvidia-rival Cerebras is seeking a valuation of as much as $26.62 billion in its U.S. initial public offering, as heavy spending on AI infrastructure lifts demand for advanced chips and fuels investor appetite for the sector.Sunnyvale, California-based Cerebras is aiming to sell 28 million shares in t
4 May 08:16 · CNA