Sources: Cerebras is seeking to raise as much as $4B in its IPO and is targeting a valuation of about $40B (Bloomberg)

Bloomberg:
Sources: Cerebras is seeking to raise as much as $4B in its IPO and is targeting a valuation of about $40B  —  Cerebras Systems Inc. is seeking to raise as much as $4 billion in its initial public offering, according to people familiar with the matter, as demand for the artificial intelligence chipmaker …