Cerebras Systems’ IPO is even more late

The AI ​​Chipmaking Company Cerebras Systems IPO is again behind as Public Listing’s national security review is being dragged down.

Celebras originally intended to be an IPO in September 2024 I thought the Trump administration coming in would help that easily. Through a national security review, according to Reuters. That wasn’t the case.

The White House has not yet filled multiple vacancy seats, including the Treasury Secretary for investment security. This is the position to oversee the US Foreign Investment Commission. In other words, the department overseeing these types of reviews is incomplete, Reuters reports.

Chipmaker’s IPO has sparked a national security review due to its relationship with Chinese tech giant Huawei, originally a $335 million investment received from Abu Dhabi-based G42, an AI holding company.

TechCrunch reaches out to Celebrus for comment and will update this story if there is a reply.