AI chip startup Cerebras files for IPO

Cerebras Systemsa startup that builds what CEO Andrew Feldman describes as “the fastest AI hardware for training and inference.” Presented to the public.

The company had previously filed for an IPO in 2024, but that was delayed due to federal review of an investment from Abu Dhabi-based G42 and was eventually withdrawn. The brain Raised $1.1 billion Series G With a valuation of $8.1 billion last year.

In recent months, the company announced Agreement with Amazon Web Services to use Cerebras chips in Amazon’s data centers, as well as a deal with OpenAI It is said to be worth more than $10 billion.

in A recent interview with the Wall Street Journal“Obviously (NVIDIA) didn’t want to lose OpenAI’s fast inference business, and we took that from them,” Feldman boasted.

Cerebras had revenue of $510 million in 2025, according to the filing, with net income of $237.8 million (excluding some one-time items, it was a non-GAAP net loss of $75.7 million).

The company did not disclose the amount it hopes to raise in the IPO. A spokesperson told the Wall Street Journal that the presentation is planned for mid-May.