BRIEF-Cerebras IPO Will Give OpenAI A Windfall That Could Eventually Top $5 Billion - The Information

Microsoft

Microsoft

MSFT

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May 12 (Reuters) -

  • CEREBRAS IS GOING PUBLIC THIS WEEK IN A $5.5 BILLION IPO AND IT WILL GIVE OPENAI A WINDFALL THAT COULD EVENTUALLY TOP $5 BILLION - THE INFORMATION

  • OPENAI’S $20 BILLION COMMITMENT COULD GIVE IT AN 11% STAKE IN CEREBRAS - THE INFORMATION

Source text: [https://tinyurl.com/ys7etmyz]

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