AI Chipmaker Cerebras Hires Morgan Stanley to Help Restart IPO Plan

BlockBeats News, March 7th, according to Bloomberg's sources, AI chip company Cerebras Systems has selected Morgan Stanley as the lead underwriter for its initial public offering (IPO), as the AI chip maker is once again attempting to go public.

Some sources suggested that the fundraising scale for this IPO could be around $2 billion, possibly as early as April. Another source stated that Cerebras has resubmitted its IPO application and plans to meet with analysts and potential investors later this month. However, since the relevant information has not been made public, these sources requested anonymity.

Sources also indicated that discussions are still ongoing, and the specific details of the IPO may change.