Episode Details
Back to Episodes
Deep Dive: Can Cerebras IPO Live Up to the Hype?
Published 3 weeks, 2 days ago
Description
In today's deep dive, Zaid breaks down the Cerebras IPO.
Cerebras makes AI chips the size of a dinner plate and the company just went public and just raised $5.5 billion making it the biggest tech IPO since 2019. But not everyone is buying the hype. Zaid digs into what Cerebras actually does, the drama behind how they got to this IPO, the OpenAI deal that critics are calling a circular scheme, and whether the stock can justify a valuation of 130x sales.