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💥🇺🇸 Shares of AI chip manufacturer Cerebras surged by 70% on debut trading, marking the largest IPO in the U.S. this year. Cerebras chips are seen as a competitor to Nvidia's AI chips. The company already has agreements with major players in the AI sector, including OpenAI and Amazon, aiming to increase the use of its chips. Weeks prior to the IPO, Japan's SoftBank Group and its subsidiary, British chipmaker Arm Holdings, made an offer to acquire the company, which Cerebras declined. mt в max