AI chipmaking company Cerebras Systems’ IPO is delayed again as the public listing’s national security review drags on. Cerebras, which originally filed its intent to IPO in September 2024, thought the incoming Trump administration would help it breeze through its national security review, according to Reuters. That hasn’t been the case. The White House has…
Category: Cerebras
Cerebras, early stage, foundation capital, Fundraising, Global IT News, Global Security News, Solana, Venture
Foundation Capital, an early backer of Solana and Cerebras, raises $600M fund
Foundation Capital has come a long way since it was forced to scale down its fund size from $750 million in 2008 to $282 million (its sixth main fund) in 2013. On Tuesday, the 30-year-old firm announced that it raised a $600 million eleventh flagship fund, which is 20% larger than the predecessor $500 million…