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Cerebras Systems canceled its U.S. IPO due to changing market conditions, despite recent funding and regulatory clearance.
Cerebras Systems, an AI chipmaker, has withdrawn its planned U.S. IPO, citing shifting market conditions despite a recent $1.1 billion funding round and resolution of prior CFIUS review issues.
The decision comes amid a broader surge in tech IPO activity, including strong performances by recent listings like Netskope and Figure Technology, but highlights ongoing uncertainty in the public markets for AI startups.
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Cerebras Systems canceló su salida a bolsa en Estados Unidos debido a las cambiantes condiciones del mercado, a pesar de la reciente financiación y autorización regulatoria.