Cerebras Systems: AI Chipmaker Eyes IPO to Take on Nvidia

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S1E20
17:04
October 23rd 2024

In this episode, Robert Loft and Haley Hanson dig into Cerebras Systems’ bold move to go public, aiming to raise $600 million in its IPO. The Sunnyvale-based AI chipmaker, backed by top VCs like Foundation Capital and Alpha Wave, plans to list on Nasdaq as it challenges industry giants like Nvidia. We explore Cerebras’ impressive revenue growth — up 6,400% year-over-year — and why this IPO is a big deal for investors eager to ride the AI wave beyond big names like Microsoft and Nvidia. Is Cerebras poised to disrupt the AI chip market? Let’s find out.

The Quantum Drift

Join hosts Robert Loft and Haley Hanson on Quantum Drift as they navigate the ever-evolving world of artificial intelligence. From breakthrough innovations to the latest AI applications shaping industries, this podcast brings you timely updates, expert insights, and thoughtful analysis on all things AI. Whether it's ethical debates, emerging tech trends, or the impact on society, The Quantum Drift keeps you informed on the news driving the future of intelligence.