Cerebras (CS) IPO Filing: $1.1B Series G and $510M Revenue

Cerebras Systems has filed for an initial public offering (IPO) after previously withdrawing its 2024 attempt due to regulatory reviews. The startup raised $1.1 billion in Series G and $1 billion in Series H, achieving a valuation of $23 billion. In 2025, Cerebras reported $510 million in revenue with a net income of $237.8 million, though it recorded a non-GAAP net loss of $75.7 million. The IPO is scheduled for mid-May, but the amount to be raised remains undisclosed.