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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 $1.43 billion order, meaning that concentration will only grow.
Cerebras Files For The Very First Generative AI IPO
If Cerebras can grow beyond its initial benefactor, G42, this IPO will be a rocket ship. If not, … It may be hard to believe, but there hasn’t been a single IPO for an AI hardware company. Period. Not One.
1 AI Chip Stock Set to Win from the Cerebras IPO
Earlier this week, CNBC reported that artificial intelligence (AI) chip startup Cerebras Systems will soon list on the equity markets via an initial public offering (IPO). Cerebras competes with AI darling and market bellwether Nvidia (NVDA),
Cerebras IPO signals growing challenge to Nvidia's AI chip dominance
As the largest beneficiary of the generative AI surge, Nvidia's dominance has attracted a wave of challengers. The recent initial public offering (IPO) filing by Cerebras signals growing efforts to challenge Nvidia's control over supply and pricing in the AI chip market.
Nvidia Rival Cerebras Systems Files for IPO Amid Competitive AI Chip and Cloud Market
Nvidia rival and chip startup Cerebras Systems has filed for an initial public offering. Cerebras Systems experienced significant net losses in both the first half of 2024 and the second quarter, despite generating substantial sales revenue.
IPO Alert: Chipmaker Cerebras Systems Files to Go Public on Nasdaq Exchange
Cerebras Systems, an artificial intelligence (AI) chipmaker that competes head-to-head with Nvidia ($NVDA), has filed to hold an initial public
4h
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 ...
Business Wire
2h
KinderCare Announces Pricing of Initial Public Offering
KinderCare Learning Companies, Inc. (“KinderCare”), the nation’s largest private provider of high-quality early childhood education by center capacity ...
ndtvprofit
22h
NSDL IPO Gets Green Light From SEBI
In SEBI's parlance, obtaining the observation letter means its go-ahead to float the public issue.
6d
PEOPLElogy publishes draft IPO prospectus
PEOPLElogy Bhd has released a draft prospectus for its initial public offering (IPO) on Bursa Malaysia yesterday in ...
12h
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.
12h
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 ...
19h
on MSN
Dev Accelerator IPO: Workspace Solution Provider Files Draft Paper For ₹125 Crore IPO With SEBI
Provider of flexible workspace solutions Dev Accelerator Ltd., doing business as DevX, has submitted its draft red herring ...
11h
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 ...
9h
on MSN
Garuda Construction and Engineering IPO opens today : GMP, issue details, 10 key things to know
Garuda Construction and Engineering IPO opens for subscription on October 8, with a price band of ₹92 to ₹95. The firm aims ...
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