Cerebras competes with industry leader Nvidia in the lucrative artificial intelligence chip market. The Sunnyvale, California-based company—which will trade under the ticker symbol “CBRS”—seeks to capitalize on investor excitement for AI by conducting a hot IPO (Initial Public Offering).

Artificial intelligence startup Cerebras Systems (CBRS) is likely to postpone its initial public offering as it faces delays with a national security review of United Arab Emirates-based G42's minority investment in the company.

The Committee on Foreign Investment in the United States (CFIUS), which reviews foreign investments over possible national security concerns, is currently looking into G42's investment in Cerebras, the company disclosed in a recent regulatory filing.

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