AI chipmaker Cerebras confidentially files for US IPO


Cerebras Systems logo is seen in this illustration taken March 31 2023. REUTERSDado RuvicIllustration

Cerebras Systems logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration

(Reuters) -Artificial intelligence chipmaker Cerebras Systems has confidentially filed for an initial public offering in the United States as it prepares to challenge industry heavyweight Nvidia.

The eight-year-old startup will court investors at a time when enthusiasm for AI remains high, boosting the fortunes of firms that supply the infrastructure critical to train chatbots.


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