OpenAI’s cozy partner Cerebras is on track for a blockbuster IPO

# Cerebras Is Heading for a Major Public Offering Cerebras, a company that makes specialized computer chips for AI, is planning to go public in what could be worth $26.6 billion or more—a sign that investors are betting big on the AI chip business. The company has built a particularly close partnership with OpenAI, the maker of ChatGPT, which gives it an inside advantage in this booming market. If the IPO succeeds at that valuation, it would mean significant returns for early investors betting on the infrastructure that powers AI applications.