AI chip startup Cerebras Systems has filed to go public, targeting a mid-May offering, after a previous IPO attempt in 2024 was withdrawn following a federal review of an Abu Dhabi investment. CEO Andrew Feldman has positioned the company as the maker of the fastest AI hardware for training and inference. The filing follows a […]
In recent months, the company announced an agreement with Amazon Web Services to use Cerebras chips in Amazon data centers, as well as a deal with OpenAI reportedly worth more than $10 billion.
Insider Brief Eclipse announced two new funds totaling $1.3 billion to expand its investment strategy focused on physical industries. The raise includes Eclipse Fund VI, a $720 million vehicle, and Early Growth Fund III, a $591 million fund targeting later-stage companies, with the new funds bringing its total assets under management to about $10 billion, […]