AI chipmaker Cerebras withdraws IPO

1. Cerebras withdraws IPO plans amid low SEC activity due to government shutdown. 2. Company raised $1.2 billion at an $8.1 billion valuation before IPO withdrawal. 3. Cerebras pivots from hardware sales to cloud services for AI model queries. 4. CEO Andrew Feldman emphasizes opportunities ahead despite IPO delay. 5. Cerebras still aims for a public offering in the future.