AI chip startup Cerebras files for IPO

TechCrunch / 4/19/2026

📰 NewsIndustry & Market MovesModels & Research

Key Points

  • AIチップスタートアップのCerebras SystemsがIPO(新規株式公開)に向けて申請書を提出し、公募が5月中旬に予定されています。
  • 同社は2024年にもIPO申請を行っていたものの、アブダビ拠点G42からの投資に関する連邦当局の審査で遅れ、最終的に取り下げていました。
  • 直近は大型資金調達(Series Gで11億ドル、Series Hで10億ドル、バリュエーション約230億ドル)を実施しており、投資家・市場からの評価が継続していることが示唆されます。
  • 収益面では2025年に売上5.1億ドルを計上し、純利益は一定の一時項目を除くと非GAAPベースで純損失7,570万ドルだったと報告されています。
  • 最近はAmazon Web Servicesでのチップ活用やOpenAIとの計算関連の大型提携(報道で100億ドル超とされる)など、主要顧客との関係強化がIPO申請の背景にあります。

Cerebras Systems, a startup building what CEO Andrew Feldman describes as “the fastest AI hardware for training and inference,” has filed to go public.

The company previously filed for an initial public offering in 2024, but that was delayed due to a federal review of an investment from Abu Dhabi-based G42 and was ultimately withdrawn. Cerebras raised a $1.1 billion Series G last year, followed by a $1 billion Series H in February at a $23 billion valuation, according to the Wall Street Journal.

In recent months, the company announced an agreement with Amazon Web Services to use Cerebras chips in Amazon data centers, as well as a deal with OpenAI reportedly worth more than $10 billion.

In a recent interview with the WSJ, Feldman boasted, “Obviously, [Nvidia] didn’t want to lose the fast inference business at OpenAI, and we took that from them.”

Cerebras brought in $510 million in revenue in 2025, according to the filing, with a net income of $237.8 million (excluding certain one-time items, it was a non-GAAP net loss of $75.7 million).

A company has not disclosed how much it hopes to raise in the IPO. A spokesperson said the offering is planned for mid-May.