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Cerebras posts rise in quarterly revenue in first report post-IPO

Cerebras posts rise in quarterly revenue in first report post-IPO
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Cerebras posts rise in quarterly revenue in first report post-IPO June 23 : Cerebras Systems posted a 94 per cent increase in first-quarter revenue on Tuesday in its first financial update since going public, benefiting from robust enterprise demand for its specialized AI chips. The company reported revenue of $193.4 million for the quarter, compared with $99.5 million reported in the same period a year ago.

Cerebras posts rise in quarterly revenue in first report post-IPO June 23 : Cerebras Systems posted a 94 per cent increase in first-quarter revenue on Tuesday in its first financial update since going public, benefiting from robust enterprise demand for its specialized AI chips. The company reported revenue of $193.4 million for the quarter, compared with $99.5 million reported in the same period a year ago. Source: Reuters
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