Susana Schwartz
Cerebras files for IPO with U.S. SEC
On Friday, AI chip maker Cerebras disclosed an IPO filing, its second attempt after what was an October withdrawal. With a $23 billion valuation, Cerebras and its underwriters have set a target valuation of $35 billion for when it goes public.
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With its Wafer-Scale Engine 3 (WSE-3) for AI inference, the company has landed massive contracts, most notably its $10 billion+ deal with OpenAI. If its debut is successful, investor interest in alternative hardware architectures will be boosted.
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For now, Nvidia is still king of AI chips, but its dominance is clearly being threatened on multiple fronts, not only by Cerebras, but also Groq, d-Matrix, Broadcom, Google, Etched, and startups like SambaNova and Graphcore.
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Other companies looking to go public soon are SpaceX, OpenAI, and Anthropic, showing that venture-backed “super unicorns” are in various stages of making their public debuts, inching us closer to a mega-IPO wave.
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RCRTech will continue to follow the shift from venture-backed hype to that of more operational maturity and public market discipline.
Susana Schwartz
Technology Editor
RCRTech
AI Infrastructure Top Stories
Why Meta-Broadcom deal matters: Broadcom will deliver the industry’s first 2nm AI compute accelerator for Meta, marking a genuine leap in custom AI silicon, and a system-level integration of chip design, advanced packaging, and networking.
Ericsson focuses on AI upside: Rather than focus on DCI, Ericsson says it will provide the best networks for AI, which includes a focus on enterprise 5G and APIs for physical and edge AI – versus shorter-term AI growth in data center networking.
ABI Research: Region-specific data center modeling shows 3,240 in Europe; 2,632 in NA; 1,728 in APAC; 493 in LATAM; and 396 in EMEA, with Europe shrinking its hyperscaler footprint but growing capacity by consolidating in high-utility zones.Â
AI Today: What You Need to Know
 Microsoft 3,200 acres: Microsoft may triple its physical footprint with the purchase of 3,200 acres south of Cheyenne, Wyoming. Sitting north of a solar farm and adjacent to large oil and gas production sites, its ideal for data center development.
Vertiv integrates CPower’s VPP: Vertiv and CPower Energy will collaborate to accelerate speed-to-power and improve grid capacity by turning battery energy storage systems and other behind-the-meter energy assets into grid resources.
Ocean-powered DCs: Panthalassa’s Ocean-2 test model is designed to power energy-intensive AI data centers using autonomous, floating ocean-based nodes that harness wave energy to produce clean, low-cost electricity and fuels.Â
ZincFive NiZn batteries: ZincFive surpassed 2 GWs in power with nickel-zinc (NiZn) batteries as the go-to alternative for uninterruptible power supplies (UPS), alongside legacy lead-acid and lithium-ion systems.
TSMC in Germany: TSMC’s joint venture with European Semiconductor Manufacturing Co. in Dresden, Germany will be its first in Europe, with a fab scheduled to open by late 2027 for the production of 28-nanometer chips.
Digital sovereignty milestone: Using its Cloud Sovereignty Framework, the European Commission awarded 4Â contracts for its Sovereign Cloud call for tender, to “ensure diversification and resilience, avoiding potential lock-in.”
RCR Events
Industry Resources
Webinar, April 21st:Â Scaling AIOPs from insight to action
Webinar, May 21st:Â Securing telecom infrastructure for the quantum era
Report:Â AI in testing: Developing trust, delivering results
Whitepaper:Â Powering sovereign AI at scale
Report:Â Networks at the frontline: How 6G, ISAC and NTNs will redefine defense technologies
Summit Access:Â GSMA Device Enablement Summit: How operators can fix device-network fragmentation
