Cerebras, a new AI company in the United States, specializes in designing AI chips for training and recommending AI models, and is regarded as a competitor of NVIDIA. Cerebras executive Andrew Feldman recently promised to complete an IPO this year so as to raise funds for business and become more prosperous in the future.

According to CNBC, Cerebras officially launched the IPO process in September last year and planned to list on the Nasdaq Exchange with the trading proxy "CBRS.US", but the IPO progress has been delayed due to the investigation by the US government. The Council of Foreign Investment (CFIUS) is worried that Cerebras's financial backer and AI-owned Arab League Group 42 has worked closely with Chinese companies such as Huawei to form national safety risks for the United States.

Cerebras executive Andrew Feldman said at an event at San Francisco on the 15th that he wished: "I hope to successfully go public this year," and even added code and shouted: "I also hope to lead the company to become a huge player."

In the first half of 2024, Group 42's revenue contribution to Cerebras reached more than 85%.

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