Cerebras Systems files for US IPO after 2025 pause
NewsBytes | April 18, 2026 11:39 AM CST
Cerebras signs $20B OpenAI deal
Cerebras builds special chips for AI that don't rely on the usual memory tech, catching the eye of big players like OpenAI (which signed a $20 billion deal with them).
Its revenue rose to $510 million from $290.3 million, and it swung from a loss to earning $1.38 a share.
Cerebras aims to list on Nasdaq under "CBRS."
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