AI chipmaker Cerebras announces CFIUS clearance, a key step toward IPO

• AI chip developer Cerebras said Monday that it has obtained clearance from a U.S. committee to sell shares to Group 42, a Microsoft-backed AI company based in the United Arab Emirates.
• That clearance came from the Committee on Foreign Investment in the United States, or CFIUS, and it’s a key step for Cerebras in its effort to go public.
• Cerebras filed to go public in September but has not announced a timeline to start trading on Nasdaq.

Artificial intelligence chip…