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AI chip manufacturer Cerebras hires Morgan Stanley to assist in restarting its IPO plans
Mars Finance News, March 7 — According to Bloomberg, citing sources familiar with the matter, Cerebras Systems, a company focused on AI chips, has selected Morgan Stanley as the lead underwriter for its initial public offering (IPO). This AI chip manufacturer is attempting to go public again. Some sources indicate that the IPO could raise approximately $2 billion, possibly as early as April. Another source said that Cerebras has resubmitted its IPO application and plans to meet with analysts and potential investors this month. However, since the information has not been publicly disclosed, these sources requested anonymity. They also mentioned that discussions are still ongoing and the specific details of the IPO may change.