Cerebras Files IPO at $8.1B Valuation, AWS Chip Deal for Amazon
Cerebras Systems has filed for an IPO at an $8.1 billion valuation, planning a mid-May offering after withdrawing its 2024 registration. The chipmaker disclosed a deal to deploy its AI accelerators in Amazon Web Services data centers alongside a reported $10 billion OpenAI contract and $510 million 2025 revenue.
1. IPO Filing Details
Cerebras Systems has submitted an IPO filing after withdrawing its 2024 registration, valuing the company at $8.1 billion. The offering is slated for mid-May, though the size of the raise has not been disclosed.
2. AWS and OpenAI Partnerships
Cerebras reported $510 million in revenue and $237.8 million net income in 2025, with a non-GAAP net loss of $75.7 million. It secured a partnership to deploy its AI chips in Amazon Web Services data centers and a deal with OpenAI reportedly worth over $10 billion, positioning AWS to diversify beyond Nvidia GPUs.