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AI Chipmaker Cerebras Files For IPO To Take On Nvidia
mardi 1 octobre 2024, 02:59 , par Slashdot
Cerebras was founded in 2016 and is based in Sunnyvale, California. Andrew Feldman, the startup's co-founder and CEO, sold server startup SeaMicro to AMD for $355 million in 2012. The company said in 2021 that it was valued at over $4 billion in a $250 million funding round.In May, G42 committed to purchasing $1.43 billion in orders from Cerebras before March 2025, according to the filing. G42 currently owns under 5% of Cerebras' Class A shares, and the firm has an option to purchase more depending on how much Cerebras product it buys. Read more of this story at Slashdot.
https://slashdot.org/story/24/10/01/0030246/ai-chipmaker-cerebras-files-for-ipo-to-take-on-nvidia?ut...
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