AI Chipmaker Cerebras Systems Files for Nasdaq IPO Under Ticker CBRS
Cerebras Systems, an artificial intelligence chipmaker, has filed for a public listing on the Nasdaq under the ticker symbol "CBRS," marking a renewed push to go public after withdrawing a previous attempt last December. The company filed a registration statement on Form S-1 with the Securities and Exchange Commission, with Citigroup and Barclays serving as lead book-running managers for the proposed offering. The number of shares and price range have not yet been determined, and the offering remains subject to market conditions.