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Nvidia's competitor Cerebras plans to raise $3.5 billion through an IPO in the United States
Odaily Planet Daily News: Artificial intelligence chip manufacturer and data center operator Cerebras Systems plans to raise up to $3.5 billion through an initial public offering to compete in this hot industry. According to documents filed with the U.S. Securities and Exchange Commission, the company, headquartered in Sunnyvale, California, is offering 28 million shares at a price of $115 to $125 per share. Cerebras had previously filed for a confidential listing earlier this year, and just a few months prior, the company had withdrawn a previous registration application. (Jin10)