Reported about 14 hours ago
Cerebras, an AI chip manufacturer, has filed for an IPO, claiming its chips can significantly outperform Nvidia's offerings. With a unique wafer-sized chip design and impressive revenue growth of over 220% year-on-year, Cerebras aims to capture the burgeoning AI market despite still operating at a loss. As it prepares to enter the public market, the company's ambitious claims of being 20 times faster than Nvidia's leading GPU could attract substantial investor interest.
Source: YAHOO