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Live World News @NexthPress
4 days ago
AI chipmaker Cerebras Systems has withdrawn its IPO plans shortly after raising $1.1B at an $8.1B valuation. The company cites an outdated prospectus amid rapid AI advancements but remains committed to going public soon. The move reflects strategic and regulatory challenges in the AI chip market. #Cerebras #IPO #AIChips #artificialintelligence #TechNews #Funding #NvidiaCompetitor #AIInfrastructure #StartupNews #TechFunding #innovation #AIHardware https://www.perplexity.ai/...
Live World News @NexthPress
16 days ago
Stripe is in talks to repurchase shares from venture capital backers at a $106.7 billion valuation, signaling strong confidence after Sequoia bought $861M in shares at a $70B valuation in 2024. The move offers liquidity to investors without going public, reflecting Stripe's steady valuation growth. Details on share volume and employee inclusion remain flexible. #Stripe #StockBuyback #VC #TechFunding #Fintech

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