Nvidia rival Cerebras files for a US IPO in second attempt: Report

AI chipmaker Cerebras Systems has disclosed its filing for a US IPO, marking its second attempt to list on Nasdaq after withdrawing its earlier filing in October, reported Reuters. The company posted a revenue of $510 million last year, up from $290 million, and swung to a profit of $1.38 per share from a loss of $9.90 per share.