CNBC
US · 1 hrs ago
✦ 75◉ Centre
Cerebras bumps up IPO range as it looks to raise up to $4.8 billion
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AI chip company Cerebras has increased its IPO price range with the goal of raising up to $4.8 billion, with the public listing potentially occurring within the week. The company was previously discussed as a potential acquisition target by Elon Musk in relation to OpenAI.
Cerebras bumps up IPO range as it looks to raise up to $4.8 billion
Elon Musk was open to having OpenAI merge with Cerebras. Now Cerebras is looking at going public as soon as this week.
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