Gate News Report, March 7 — According to Bloomberg, citing sources familiar with the matter, AI chip manufacturer Cerebras Systems has selected Morgan Stanley as the lead underwriter for its initial public offering (IPO), reigniting its listing plans. The sources revealed that the IPO is expected to raise approximately $2 billion and could potentially take place as early as April. Other sources stated that Cerebras has resubmitted its IPO application documents and plans to meet with analysts and potential investors this month. As the information has not been publicly disclosed, those involved requested anonymity. The sources also mentioned that discussions are ongoing and the specific details of the IPO may change.
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