AI chipmaker Cerebras withdraws IPO
CNBC·2025-10-03 21:11
Andrew Feldman, co-founder of Cerebras System Inc., speaks at the Raise summit in Paris, France, on Tuesday, July 8, 2025.Artificial intelligence chipmaker Cerebras on Friday filed paperwork with the U.S. Securities and Exchange Commission withdrawing plans for an initial public offering. The agency is operating at a low volume after the U.S. government shutdown that went into effect this week.Last year Cerebras filed for an IPO as it went up against Nvidia to make the most capable processors for running ge ...