<p id="speakable-summary" class="wp-block-paragraph"><a href="https://www.cerebras.ai" target="_blank" rel="noreferrer noopener nofollow">Cerebras Systems</a>, a startup building what CEO Andrew Feldman describes as “the fastest AI hardware for training and inference,” has <a href="https://www.sec.gov/Archives/edgar/data/2021728/000162828026025762/cerebras-sx1april2026.htm" target="_blank" rel="noreferrer noopener nofollow">filed to go public</a>.</p>
<p class="wp-block-paragraph">The company previously filed for an initial public offering in 2024, but that was delayed due to a federal review of an investment from Abu Dhabi-based G42 and was ultimately withdrawn. Cerebras <a href="https://techcrunch.com/2025/09/30/a-year-after-filing-to-ipo-still-private-cerebras-systems-raises-1-1b/" target="_blank" rel="noreferrer noopener">raised a $1.1 billion Series G</a> last year, followed by a $1 billion Series H in February at a $23 billion valuation, <a href="https://www.wsj.com/tech/chip-startup-cerebras-files-for-initial-public-offering-4aa27ae3" target="_blank" rel="noreferrer noopener nofollow">according to the Wall Street Journal</a>.</p>
<p class="wp-block-paragraph">In recent months, the company announced <a href="https://www.wsj.com/tech/amazon-announces-inference-chips-deal-with-cerebras-109ecd31?mod=article_inline" target="_blank" rel="noreferrer noopener nofollow">an agreement with Amazon Web Services</a> to use Cerebras chips in Amazon data centers, as well as a deal with OpenAI <a href="https://www.wsj.com/tech/ai/openai-forges-multibillion-dollar-computing-partnership-with-cerebras-746a20e4?mod=article_inline" target="_blank" rel="noreferrer noopener nofollow">reportedly worth more than $10 billion</a>.</p>
<p class="wp-block-paragraph">In a recent interview with the WSJ, Feldman boasted, “Obviously, [Nvidia] didn’t want to lose the fast inference business at OpenAI, and we took that from them.”</p>
<p class="wp-block-paragraph">Cerebras brought in $510 million in revenue in 2025, according to the filing, with a net income of $237.8 million (excluding certain one-time items, it was a non-GAAP net loss of $75.7 million).</p>
<p class="wp-block-paragraph">A company has not disclosed how much it hopes to raise in the IPO. A spokesperson said the offering is planned for mid-May.</p>
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