AI chipmaker Cerebras withdrew from its highly anticipated IPO after holding off on pursuing the U.S. listing following a large fundraising round a few days ago. Cerebras’ 2025 IPO probability drops by 1%According to Kalshi data, the market for “Who will IPO in 2025” implied a 17% chance of a Cerebras 2025 IPO, a drop from the previous 18% probability. The company’s IPO prospects began to encounter obstacles shortly after it filed for a Nasdaq listing in the previous year. The AI chipmaker encountered a setback when it sought clearance from the Committee on Foreign Investment in the U.S. Department of the Treasury. The CEO also pointed out the benefits of having investors “who everybody would be proud of” as the cornerstone to any company’s IPO.