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Cerebra, ai and IPO
Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market
Cerebras Systems, a startup competing with industry leader Nvidia for a slice of the lucrative AI chip market, said late on Monday its revenue surged more than threefold in 2023, in a filing to go public in the U.
What You Need To Know About AI Chipmaker Cerebras' IPO Filing
Cerebras Systems, an AI chipmaker that lists among its competitors tech giants Nvidia, Microsoft, and Intel, filed for an IPO Monday, looking to capitalize on widespread enthusiasm about the AI industry.
Is This Company an "Nvidia Killer?" What to Know About Cerebras' IPO
A second risk, and likely the biggest, is Cerebras' customer concentration. Right now, AI company G42 from the United Arab Emirates accounts for 87% of Cerebras' sales in the first six months of 2024. G42 and affiliated entities are also behind next year's $1.43 billion order, meaning that concentration will only grow.
1 AI Chip Stock Set to Win from the Cerebras IPO
Earlier this week, CNBC reported that artificial intelligence (AI) chip startup Cerebras Systems will soon list on the equity markets via an initial public offering (IPO). Cerebras competes with AI darling and market bellwether Nvidia (NVDA),
Cerebras IPO signals growing challenge to Nvidia's AI chip dominance
As the largest beneficiary of the generative AI surge, Nvidia's dominance has attracted a wave of challengers. The recent initial public offering (IPO) filing by Cerebras signals growing efforts to challenge Nvidia's control over supply and pricing in the AI chip market.
Nvidia Rival Cerebras Systems Files for IPO Amid Competitive AI Chip and Cloud Market
Nvidia rival and chip startup Cerebras Systems has filed for an initial public offering. Cerebras Systems experienced significant net losses in both the first half of 2024 and the second quarter, despite generating substantial sales revenue.
IPO Alert: Chipmaker Cerebras Systems Files to Go Public on Nasdaq Exchange
Cerebras Systems, an artificial intelligence (AI) chipmaker that competes head-to-head with Nvidia ($NVDA), has filed to hold an initial public
ndtvprofit
12h
NSDL IPO Gets Green Light From SEBI
In SEBI's parlance, obtaining the observation letter means its go-ahead to float the public issue.
1h
on MSN
IPO-bound Swiggy grants $271 million Esops to founder Sriharsha Majety, top management
Of this, the food and grocery delivery major’s founder and group CEO Sriharsha Majety gets $200 million worth Esops. The Esop ...
2h
on MSN
Hyundai Motor India IPO: India's biggest public issue set to open on October 15; Here are 10 things to know from RHP
The IPO will open for subscriptions for big institutional investors on October 14. The issue price for the Hyundai India ...
2h
Hyundai Motor India IPO
Promoter Hyundai Motor Company will be selling 14.2 crore equity shares in the offer-for-sale, as per the RHP.
5d
PEOPLElogy publishes draft IPO prospectus
PEOPLElogy Bhd has released a draft prospectus for its initial public offering (IPO) on Bursa Malaysia yesterday in ...
6h
on MSN
Garuda Construction and Engineering IPO: 10 key risks investors should know before subscribing to the ₹264-crore issue
The Garuda Construction IPO saw strong demand, with full subscription on the first day. It comprises new equity shares and an ...
India Infoline
1d
Hero Motors Drops IPO, Suraksha Diagnostic Cleared for Public Offering
The IPO prospectus was filed with SEBI on August 23. Promoters OP Munjal Holdings, Bhagyoday Investments, and Hero Cycles ...
10h
Hero Motors Withdraws Draft Papers From SEBI For Rs 900 Crore IPO; What's Next For The Company?
Hero Motors, the auto components manufacturer led by Pankaj Munjal, has withdrawn its Draft Red Herring Prospectus (DRHP) ...
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