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Cerebras Systems<\/a>, a startup building what CEO Andrew Feldman describes as \u201cthe fastest AI hardware for training and inference,\u201d has filed to go public<\/a>.<\/p>\n The company previously filed for an initial public offering in 2024, but that was delayed due to a federal review of an investment from Abu Dhabi-based G42 and was ultimately withdrawn. Cerebras raised a $1.1 billion Series G<\/a> last year, followed by a $1 billion Series H in February at a $23 billion valuation, according to the Wall Street Journal<\/a>.<\/p>\n In recent months, the company announced an agreement with Amazon Web Services<\/a> to use Cerebras chips in Amazon data centers, as well as a deal with OpenAI reportedly worth more than $10 billion<\/a>.<\/p>\n In a recent interview with the WSJ, Feldman boasted, \u201cObviously, [Nvidia] didn\u2019t want to lose the fast inference business at OpenAI, and we took that from them.\u201d<\/p>\n Cerebras brought in $510 million in revenue in 2025, according to the filing, with a net income of $237.8 million (excluding certain one-time items, it was a non-GAAP net loss of $75.7 million).<\/p>\n A company has not disclosed how much it hopes to raise in the IPO. A spokesperson said the offering is planned for mid-May.<\/p>\n<\/div>\n