Bloomberg10:42 AM

Nvidia Rival Cerebras Seeks to Raise $3.5 Billion in US IPO

Nvidia Rival Cerebras Seeks to Raise $3.5 Billion in US IPO

Cerebras Systems Inc. is seeking to raise as much as $3.5 billion in an initial public offering, as the artificial intelligence chipmaker and data center operator looks to counter rivals in the red-hot sector.

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