BlockBeats News, March 7th, according to Bloomberg citing people familiar with the matter, AI chip-focused 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 familiar with the matter indicated that the fundraising scale for this listing may be around $2 billion, possibly as early as April. Another source said Cerebras has resubmitted its IPO application and plans to meet with analysts and potential investors later this month. However, as this information has not been made public yet, these sources requested anonymity.
Sources also said that the current discussions are still ongoing, and the specific details of the IPO may still change.
