#CNBC AI chipmaker Cerebras pulls IPO after raising $1 billion

AI chipmaker Cerebras pulls IPO after raising $1 billion
CNBC’s MacKenzie Sigalos joins Fast Money to discuss Cerebras’ decision to withdraw its IPO plans, the regulatory scrutiny and customer concentration risks behind the move, the company’s new $1 billion private funding round at an $8 billion valuation, and what it means for its future, and more.

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