The competition to break Nvidia's dominance in artificial intelligence $NVDA is entering a new phase.



Cerebras Systems @cerebras aims to raise up to $4 billion through an initial public offering with a valuation close to $40 billion.

The bet here is not on an ordinary startup, but on a tech player claiming that its processors can run AI models at 10 times the speed of Nvidia's processors.

A large part of the company's revenue comes from the UAE-based G42 company, which accounted for 24% of its revenue in 2025, and 85% in 2024.
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