Chipmaker Cerebras Systems Weighs IPO as Soon as 2024
- AI supercomputer maker in early talks with potential advisers
- Backers include Alpha Wave Ventures, Abu Dhabi Growth Fund
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Chipmaking startup Cerebras Systems Inc. is weighing an initial public offering as soon as this year, according to people familiar with the matter.
The Silicon Valley company has held early discussions with potential advisers for an offering that would value it above the $4 billion figure achieved in its 2021 funding round, the people said. It is targeting the listing in the second half of the year at the earliest, one of the people said.