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Source: AI chipmaker Cerebras confidentially filed for a US IPO; filing: in early June, it authorized new shares at a steep discount to its 2021 funding round

chip developer Cerebras has filed confidentially to go public. There's more to the story, though, as the company also authorized shares at a much lower price to its last round. https://www.theinformation.com/ ... Natasha Mascarenhas / @nmasc_ : Chip startup Cerebras has filed confidentially for an IPO. It also authorized new shares for an impending “F-1 round” at a steep discount to its prior round. Scoop w/ @steph_palazzolo: https://www.theinformation.com/ ...

The Information

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  • @steph_palazzolo Stephanie Palazzolo on x
    New w/ @nmasc_: We're so back — chip developer Cerebras has filed confidentially to go public. There's more to the story, though, as the company also authorized shares at a much lower price to its last round. https://www.theinformation.com/ ...
  • @nmasc_ Natasha Mascarenhas on x
    Chip startup Cerebras has filed confidentially for an IPO. It also authorized new shares for an impending “F-1 round” at a steep discount to its prior round. Scoop w/ @steph_palazzolo: https://www.theinformation.com/ ...