cerebras

Cerebras plans to sell 28 million shares at $115-$125 each, aiming for a $26.6 billion valuation. The AI chipmaker's deep ties to OpenAI include a $20 billion compute deal.

Arm has announced its first own semiconductors, the Arm AGI CPU, targeting agentic AI workloads with double the performance per watt of Intel and AMD x86 alternatives. Meta, OpenAI, and Cerebras are among the first customers.