Cerebras Systems has appointed Morgan Stanley as the lead underwriter for its upcoming initial public offering (IPO), aiming to raise approximately $2 billion. The AI chip manufacturer is reportedly planning to go public as early as April, according to sources familiar with the matter. The company has resubmitted its IPO filing and intends to engage with analysts and potential investors this month. While the details of the IPO are still under discussion and subject to change, insiders have indicated that Cerebras is moving forward with its plans to enter the public market. The information remains confidential, and the sources have requested anonymity due to the sensitive nature of the proceedings.