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Cerebras Targets $35B IPO as OpenAI Signs $20B Chip Deal

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Source: The Information
Cerebras Targets $35B IPO as OpenAI Signs $20B Chip Deal
Photo: The Information
TL;DR Summary

Cerebras is preparing a public listing with a target valuation above $35 billion and aims to raise more than $3 billion, while OpenAI has agreed to spend over $20 billion on Cerebras-powered servers over the next three years, in a deal that could include an equity stake.

Topics:business#ai-chips#cerebras#ipo#openai#technology#valuation
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  1. Cerebras Prepares Public Listing, Eyes $35 Billion-Plus Valuation  The Information
  2. AI chipmaker Cerebras files to go public after scrapping IPO plans last year  CNBC
  3. Nvidia rival Cerebras discloses US IPO filing as AI boom drives listings  Reuters
  4. AI chipmaker Cerebras files for IPO following mega deal with OpenAI  Seeking Alpha
  5. Nvidia rival Cerebras is taking another swing at an IPO  MarketWatch

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