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AI chipmaker Cerebras pulls IPO after raising $1 billion
Youtube·2025-10-03 21:42

Sigalis has got the details. Smack. Hey Mel.So AI chipmaker Cerebrris is pulling its IPO. In a filing with the SEC, the company saying it no longer intends to move forward with the deal at this time. Now it had originally filed last September, but faced hurdles including regulatory scrutiny and questions over its reliance on a single customer.Now the move also comes just days after Cerebrus raised more than a billion dollars in private funding at an$ 8 billion valuation, buying it more time to stay private. ...