AI chipmaker Cerebras targets $3.5 billion raise in IPO
CNBC Top News ·
Nikolas Kokovlis | Nurphoto | Artificial intelligence chipmaker Cerebras aims to raise as much as $3.5 billion by going public on the Nasdaq. …
Nikolas Kokovlis | Nurphoto | Artificial intelligence chipmaker Cerebras aims to raise as much as $3.5 billion by going public on the Nasdaq. The company is looking to sell 28 million shares, for $115 to $125 each, according to an updated prospectus it filed on Monday. At that range, Cerebras could be worth up to $26.6 billion in the initial public offering, based on shares outstanding. …
Original source: CNBC Top News