Sources: Arm and its parent company SoftBank expressed preliminary interest in acquiring Cerebras weeks before its expected IPO; Cerebras rebuffed them
Sources: Arm and its parent company SoftBank expressed preliminary interest in acquiring Cerebras weeks before its expected IPO; Cerebras rebuffed them
Arm Holdings Plc and its majority owner SoftBank Group Corp. made an approach to acquire Cerebras Systems Inc., the AI computing firm …
OpenAI stands to hold ~$2.6B in combined CoreWeave and Cerebras stock that it acquired by committing to buy cloud services and chips, and to lend Cerebras money
Chipmaker Cerebras brought in one of the greatest pitchmen in tech, Sam Altman, to appear in a video to promote its $5.5 billion initial public offering.
Sources: OpenAI agrees to pay Cerebras $20B+ to use its server chips, double the amount previously associated with the deal, and may receive equity in Cerebras
OpenAI recently struck an unusual deal to lessen its dependence on Nvidia's AI chips and potentially lower its computing expenses in the coming years.
Sources: AI chipmaker Cerebras confidentially files for a US IPO after withdrawing a previous IPO last year, and a listing could take place as soon as April
Cerebras says it has resolved “all open issues” with the CFIUS, as it prepares for an IPO; the AI startup filed a notice about its ties to Abu Dhabi's G42
G42 also planned to buy more than 22 million shares in Cerebras. The Sunnyvale, California-based company had said the arrangement …
Sources: AI chipmaker Cerebras' IPO, in limbo for months, has been delayed while Trump fills key roles and CFIUS reviews Abu Dhabi-based G42's $335M investment
Filing: UAE-based G42 accounted for 87% of Cerebras' H1 2024 revenue and has committed to buy $335M worth of its stock by April 2025, giving G42 a 5%+ stake
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