Nvidia's AI Chip Rival Plans IPO
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Newest Artificial Intelligence StockThe Motley Fool
•The Newest Artificial Intelligence Stock Has Arrived -- and It Claims to Make Chips That Are 20x Faster Than Nvidia
78% Informative
AI chipmaker Cerebras filed its registration statement with the SEC with the intent to go public.
The company is targeting a $1 billion IPO at a $7 billion to $8 billion valuation.
CEO Andrew Feldman publicly said the company's inference offering is 20 times faster than Nvidia 's at a fraction of the price.
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