➀ Cerebras Systems, a company specializing in AI training and inference chips, has filed for an IPO on the NASDAQ with the ticker symbol 'CBRS'. It is known for its wafer-scale engine (WSE) chips, the largest in the world.➁ The company reported a net loss of 3 billion USD (about 21 billion RMB) from 2022 to 2023, but its revenue increased nearly 1500% to 1.364 billion USD in the first half of 2024.➂ Cerebras' chips have four technical advantages for AI: large-scale, tightly coupled computing; fast and efficient interconnection; ultra-large on-chip memory and memory bandwidth; and local hardware acceleration for sparsity.