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Cerebras targets $40 billion valuation in second IPO attempt

The Decoder
Maximilian Schreiner

AI chip maker Cerebras Systems is heading to the Nasdaq under the ticker CBRS. The IPO roadshow kicks off Monday, with shares targeted between $115 and $125, Reuters reports, citing a person familiar with the matter. The article Cerebras targets $40 billion valuation in second IPO attempt appeared first on The Decoder.