AI chip company Cerebras raises $1 billion in pre-IPO funding round
CNBC·2025-09-30 13:00
Cerebras CEO Andrew Feldman, front row, second from left, participates in a ribbon-cutting ceremony for the company's data center in Oklahoma City on Sept. 22, 2025.AI chipmaker Cerebras filed to go public exactly a year ago. The company has yet to take the plunge, but has now bought itself more time to stay private.Cerebras said Tuesday that it's raised 8.1 billion as it tries to take on Nvidia, the world's most valuable company, in the booming market of artif ...