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Announced Cerebras raised $1.1 billion at $8.1 billion valuation to expand AI inference infrastructure and manufacturing capacity.
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Cerebras CEO Explains IPO Withdrawal, Says AI Chipmaker Still Intends to Go Public
CNBCnewsneutralOct 7, 2025
Cerebras withdrew its IPO registration to update its prospectus with improved financials and cloud business strategy, but CEO Andrew Feldman confirmed the company still intends to go public following a $1.1 billion funding round at $8.1 billion valuation.
“CEO explains IPO withdrawal decision and company's revised strategy in LinkedIn post”
AI Chips/HardwareAI InvestmentAI CompetitionAI Infrastructure
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Cerebras Raises $1.1B at $8.1B Valuation to Expand AI Inference Infrastructure
CerebrasannouncementpositiveOct 2, 2025
Cerebras Systems closed a $1.1 billion Series G funding round at $8.1 billion valuation to expand AI inference infrastructure, claiming 20X speed advantage over Nvidia GPUs and serving trillions of tokens monthly.
“Announced Cerebras raised $1.1 billion at $8.1 billion valuation to expand AI inference infrastructure and manufacturing capacity.”
AI InfrastructureAI Chips/HardwareFoundation ModelsAI Investment