(Reuters) -AI chip firm Cerebras Systems on Friday filed to withdraw, effective immediately, its plans for an initial public offering in the United States. Last year, Cerebras filed for an initial public offering on the Nasdaq. The offering was delayed by a U.S. national security review of a $335 million investment by G42, an Abu Dhabi-based cloud computing and AI company. Cerebras on Tuesday said it raised $1.1 billion, bringing the company's valuation to $8.1 billion. (Reporting by Prakhar Srivastava in Bengaluru; Editing by Alan Barona)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday doubled down on his criticism of Federal…
LONDON (Reuters) -Britain said on Wednesday it would ban the resale of tickets to concerts,…
VIDEO SHOWS: ASIAN TOUR SAUDI INTERNATIONAL ROUND ONE HIGHLIGHTS RESENDING WITH COMPLETE SCRIPT SHOWS: RIYADH,…
Abu Dhabi [UAE], November 18: Just when fans prepare to bid a tearful farewell to…
New Delhi [India], November 19: AMIC Forging Limited, one of India’s leading manufacturers of open…
(Reuters) -Brookfield Asset Management said on Wednesday it had launched a $100 billion AI infrastructure…