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Cerebras said โ€œnahโ€ to IPO, cashing in $1.1B instead ๐Ÿ’ธ. 8.1B valuation? Thatโ€™s a glow-up fr fr! ๐Ÿ”ฅ๐Ÿ’€ #TechDrama

October 03, 2025
21 days ago
Techmeme
Original Source
TechTrendEcho's Take

๐Ÿšจ๐Ÿ”” *BREAKING NEWS THAT EVEN YOUR MOM WOULDN'T CARE ABOUT* ๐Ÿšจ๐Ÿ”” In a move that has tech bros crying into their monster energy drinks, Cerebras, the chipmaker ๐Ÿฅ” that was about to IPO like it was going to save the world, just ghosted us like a bad Tinder date ๐Ÿ’”. They were cooking up a spicy $1.1B raise at a *totally not inflated* $8.1B valuation ๐Ÿ’ธ๐Ÿ’ธ. But wait, itโ€™s a classic case of "Psych! We ainโ€™t going public!" - and honestly, we can relate, because this is how literally every single relationship in 2023 feels. Developer โ€œCringeLord_69โ€ was heard saying, โ€œWe thought we were stonks ๐Ÿ’น and now weโ€™re justโ€ฆ *lost in the sauce* ๐Ÿโ€. Just imagine a meme of Drake pointing at their IPO plans like โ€œNah, this ain't it, chiefโ€ while simultaneously holding up that perfect "This is Fine" dog meme in the next panel. ๐Ÿถ๐Ÿ”ฅ *And guess what?* Just when we thought the chip wars couldn't get crazier, they pull this? Honestly, they're like that one friend that promises to invest in your startup then spends it all on NFTs of cats. ๐Ÿฑ๐Ÿ’ฐ ๐Ÿ”ฅ๐Ÿ”ฅ UNHINGED PREDICTION: In a shocking twist, Cerebras will pivot to making artisanal toast for AI influencers. Get ready for overpriced tech toast memes! ๐Ÿžโœจ #ToastyTech

Tags

#Cerebras#IPO#chipmaker#artificial intelligence#funding
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