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AI Chip Manufacturer Cerebras Hires Morgan Stanley to Assist in Restarting IPO Plan
Summary: According to Bloomberg, AI chip company Cerebras Systems has selected Morgan Stanley as the lead underwriter for its initial public offering (IPO), as the artificial intelligence chip manufacturer is once again attempting to go public. Sources suggest that the IPO fundraising size could be around $2 billion, potentially as early as April. Another source mentioned ...
According to Bloomberg, AI chip company Cerebras Systems has selected Morgan Stanley as the lead underwriter for its initial public offering (IPO), as the artificial intelligence chip manufacturer is once again attempting to go public. Sources suggest that the IPO fundraising size could be around $2 billion, potentially as early as April. Another source mentioned that Cerebras has resubmitted its IPO application and plans to meet with analysts and potential investors this month. However, as the information has not been made public yet, these sources requested anonymity. Sources also indicate that discussions are still ongoing and specific details of the IPO may change.
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Link: AI Chip Manufacturer Cerebras Hires Morgan Stanley to Assist in Restarting IPO Plan [Copy]
