Cerebras Prepares Public Listing, Eyes $35 Billion-Plus Valuation
Chip startup Cerebras is planning to make its IPO paperwork public as soon as Friday, The Information https://www.theinformation.com/articles/openai-spend-20-billion-cerebras-chips-receive-equity-stake">reported Thursday.
It aims to raise more than $3 billion and seeks a valuation of at least $35 billion, which represents a 60% premium to its last private valuation of $22 billion in February.
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OpenAI strikes $20B Cerebras deal
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- OpenAI to Spend More Than $20 Billion on Cerebras Chips, Receive Equity Stake The Information —
- OpenAI to spend more than $20 billion on Cerebras chips, receive equity stake, The Information reports - Reuters Reuters —
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