Cerebras Systemsa startup constructing what CEO Andrew Feldman describes as “the quickest AI {hardware} for coaching and inference,” has filed to go public.
The corporate beforehand filed for an preliminary public providing in 2024, however that was delayed on account of a federal evaluation of an funding from Abu Dhabi-based G42 and was in the end withdrawn. Cerebras raised a $1.1 billion Series G at an $8.1 billion valuation final yr.
In latest months, the corporate introduced an agreement with Amazon Web Services to make use of Cerebras chips in Amazon information facilities, in addition to a cope with OpenAI reportedly worth more than $10 billion.
In a recent interview with the Wall Street JournalFeldman boasted, “Clearly, (Nvidia) didn’t wish to lose the quick inference enterprise at OpenAI, and we took that from them.”
Cerebras introduced in $510 million in income in 2025, in line with the submitting, with a web earnings of $237.8 million (excluding sure one-time objects, it was a non-GAAP web lack of $75.7 million).
An organization has not disclosed how a lot it hopes to lift within the IPO. A spokesperson advised the WSJ that the providing is deliberate for mid-Could.
