Cerebras posts rise in quarterly revenue in first report post-IPO

Cerebras Systems

Cerebras Systems

CBRS

0.00

June 23 (Reuters) - Cerebras Systems CBRS.O posted a 94% increase in first-quarter revenue on Tuesday in its first financial update since going public, benefiting from robust enterprise demand for its specialized AI chips.

The company reported revenue of $193.4 million for the quarter, compared with $99.5 million reported in the same period a year ago.






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