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Story summary
- Cerebras Systems, an AI chipmaker, plans to file for an initial public offering today, seeking a valuation potentially three times its 2025 funding round.
- Investors seek alternatives to Nvidia's dominance in AI training chips.
- Cerebras shifted from selling chips to operating them in its own data centers as a cloud service.
- Cerebras has a deal with OpenAI valued at over $20 billion, expanding its computing power supply.
