Cerebras, a U.S. AI semiconductor company, files for IPO to compete against nvidia.
October 1, 2024 8:49 JST
IPO application in August - Financial and business disclosures in September 30 document
Revenue of 136.4 million dollars and a net loss of 66.6 million dollars for the January-June period
Startup aiming to compete with Nvidia in the field of artificial intelligence (AI) computing, Cerebras Systems, applied for an initial public offering (IPO).
Cerebras applied for an IPO privately in August. They revealed their financial and business details in the document submitted to the U.S. Securities and Exchange Commission (SEC) on September 30.
Based in Sunnyvale, California, the company recorded revenues of 136.4 million dollars (approximately 19.6 billion yen) and a net loss of 66.6 million dollars in the January-June period. In the same period the previous year, the figures were 8.7 million dollars and 77.8 million dollars respectively.
IPO application in August - Financial and business disclosures in September 30 document
Revenue of 136.4 million dollars and a net loss of 66.6 million dollars for the January-June period
Startup aiming to compete with Nvidia in the field of artificial intelligence (AI) computing, Cerebras Systems, applied for an initial public offering (IPO).
Cerebras applied for an IPO privately in August. They revealed their financial and business details in the document submitted to the U.S. Securities and Exchange Commission (SEC) on September 30.
Based in Sunnyvale, California, the company recorded revenues of 136.4 million dollars (approximately 19.6 billion yen) and a net loss of 66.6 million dollars in the January-June period. In the same period the previous year, the figures were 8.7 million dollars and 77.8 million dollars respectively.
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