AI chip startup Cerebras files for IPO
In recent months, the company announced an agreement with Amazon Web Services to use Cerebras chips in Amazon data centers, as well as a deal with OpenAI reportedly worth more than $10 billion.
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$60B AI chip darling Cerebras almost died early on, burning $8M a month
Cerebras Systems was 2026’s biggest tech IPO so far. But years ago, it burned through hundreds of millions working on a chip many believed impossible.