Cerebras Systems is preparing to become the first chip maker to debut during the current
artificial intelligence boom. It may not be a thorn in the side of present and near-term AI chip
titans Nvidia or AMD but Cerebras is carving out its place in the business.
On Monday the management lodged the company for an IPO meaning Initial Public Offer with
the security and exchange commission, SEC. The firm is set to trade on the Nasdaq under the
symbol “CBRS” but the size of the offer and the time frame has not been communicated. This
IPO will be of particular interest as AI application increases the need for latest chip solutions.