AI company Cerebras applies for a stock market listing
Chip manufacturer Cerebras, which develops processors for AI models, has applied for a listing on Nasdaq in the US.
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The company reported a net profit of about 88 million dollars on revenue of 510 million dollars for 2025. The company had remaining contractual commitments totaling 24.6 billion dollars. A central part is the partnership with OpenAI, worth more than 20 billion dollars, which includes a loan of 1 billion dollars and warrants linked to future purchases of computing capacity.
Cerebras is investing in cloud services based on its own chips as an alternative to GPUs from Nvidia and AMD, and highlights high performance. The company has previously raised just over 1 billion dollars in funding and been valued at about 8 billion dollars, and is now planning an initial public offering with several major banks as advisers.
