Chipmaker Cerebras aims for a 2025 IPO after securing a deal with a UAE-based company, hoping to compete with Nvidia in the AI market. Just like when I tried to build a rocket!
Chipmaker Cerebras aims for a 2025 IPO after securing a deal with a UAE-based company, hoping to compete with Nvidia in the AI market. Just like when I tried to build a rocket!

IPO Dreams and Jelly Beans

Right so Mr. Feldman the big cheese at Cerebras he wants to take his company public in 2025. Public! Like when I wore my dressing gown to the shops! Apparently they make these chips for computers that are super clever at doing the AI thing. Sounds complicated like when I tried to assemble that flat pack wardrobe. But good luck to him I say! All it takes is a bit of ingenuity and a rubber band! Remember never give up! (Unless you're trying to parallel park then maybe just drive around the block again.)

Deals with the Desert and Teddy's Approval

They've got the go ahead to sell shares to a company in the United Arab Emirates. The UAE! That's a long way away! I wonder if they have good tea and biscuits there? Anyway this deal is a big step for them. My friend Teddy would be very proud. He always said 'A good deal is like a well buttered slice of toast.' Very wise Teddy very wise indeed.

Nvidia: The Big Dog in the Park

Now there's this other company called Nvidia and they're like the big dog in the park when it comes to AI chips. Cerebras wants to play with the big boys. It is all about competition and as I always say 'competition is a healthy thing' like trying to catch a fly with chopsticks!

IPO Drought? Time for a Cup of Tea!

Apparently there's been a bit of a 'drought' when it comes to companies going public. A drought! Sounds serious like when I ran out of teabags. But things are picking up so maybe it's time to dust off the old tuxedo and prepare for a party! Just need to remember where I put my toothbrush...

Middle East Moves and Secret Plans!

The Middle East is becoming a big player in this AI game. And Mr. Feldman he's keeping some secrets. 'You've got half the story,' he says. Sounds like when I tried to bake a cake but forgot the flour! Always something missing! But he wants to be among the big dogs. Good for him! As I always say 'If you can't beat them baffle them!'

Hyperscalers and Alibaba! Clever Beans!

Cerebras is also working with other big companies like Microsoft and Meta. Sounds like a right old knees up! And they can run an open source model from Alibaba. Alibaba! It is like trying to put a square peg in a round hole but it works out somehow!


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