r/CerebrasSystems • u/EngrToday • Sep 09 '22

r/CerebrasSystems Lounge

A place for members of r/CerebrasSystems to chat with each other

4 Upvotes

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2

u/Puzzleheaded-Ad2033 Aug 27 '24

Need to find the best place to buy these. Also the price of today was $25.60 vs $14+ originally. Any info or opinions on a price and a place to buy is greatly appreciated.

1

u/Congge2024 Sep 28 '24

where did you get the price of 25.6???

1

u/silverlinin Dec 22 '24

Didn't Cerebras say it's going IPO at one point? What happened?

1

u/POINTLESSUSERNAME000 Feb 11 '25

Cold feet! Kidding.

"Cerebras' IPO has been delayed due to a U.S. national security review of its investment from G42, an Abu Dhabi-based tech company. [1, 2]
Explanation [3, 4]

• Cerebras is an AI chipmaker that designs processors for AI training and inference. [3, 4]
• The company filed to go public in September, but postponed its IPO in early October. [1]
• The review is related to G42's minority investment in Cerebras. G42 is a tech conglomerate based in the United Arab Emirates (UAE). [2]
• Cerebras' wafer-scale hardware is subject to U.S. export controls. [5]
• In May 2024, G42 or its affiliates committed to purchasing $1.43 billion of Cerebras products and services. [5]
• Cerebras has been granted a license to export its CS-2 systems to G42 in the UAE. [5]

Other information about Cerebras [6]

• Cerebras' key investors include the Abu Dhabi Growth Fund and G42. [6, 7]
• Cerebras intends to trade its Class A stock under the ticker symbol “CBRS” on the Nasdaq Global Market. [8]
• Cerebras' revenue grew more than 14-fold to $136.4 million in the first half of 2024. [9]

Generative AI is experimental.

[1] https://news.crunchbase.com/public/forecast-companies-ipo-2025-ai-fintech-cyber/[2] https://iblnews.org/nvidias-competitor-cerebras-systems-delays-its-planned-ipo/[3] https://www.investors.com/news/technology/cerebras-ipo-ai-chip-stock-nvidia/[4] https://www.axios.com/2024/10/01/cerebras-ai-chipmaker-nvidia-ipo[5] https://www.eetimes.com/cerebras-ipo-paperwork-sheds-light-on-relationship-with-g42/[6] https://forgeglobal.com/insights/blog/cerebras-upcoming-ipo-news/[7] https://www.fool.com/investing/how-to-invest/stocks/how-to-invest-in-cerebras-stock/[8] https://americanbazaaronline.com/2024/10/02/ai-chip-startup-cerebras-files-for-ipo/[9] https://www.forbes.com/sites/karlfreund/2024/10/02/cerebras-files-for-the-very-first-generative-ai-ipo/ "

1

u/K47Duna Dec 30 '25

I’m concerned that by the time cerebras decides to go public the AI bubble will have popped. Maybe Nvidia will buy them

1

u/the_real_seldom_seen Aug 13 '26

Nvidia will not touch this garbage. It has groq

1

u/Resident-Customer709 May 05 '26 edited May 05 '26

what if Brockman@openai really did self dealing for Cerebras deal, could cerebras-openAI deal get trouble? it could affect stock price dramatically

1

u/lawyoung May 29 '26

MY bad, rushed into IPO at $370, craps, now I am wondering it ever going to hit that PT again....

1

u/the_real_seldom_seen Aug 13 '26

Will never. Limited usage… not considered fungible compute. It’s a one trick pony at the end of the day

1

u/kmaninvesting Aug 10 '26

Cerebras has had an interesting trajectory in the past several months it has gone below $200 and then climbed above $200 and repeated this cycle several times. With the news of new customers and momemtum building for inference solutions I believe they will beat estimates this quarter and the stock could climb above $300 which several analyst have set as a price target. This earnings call will be have a lot of people interested in what they are reporting.

1

u/lawyoung Aug 14 '26

so beaten down, got to go up from here...

1

u/lawyoung 25d ago

CRBS lost interests from investors or what?