Cerebras Refiles for US IPO
AI chipmaker Cerebras Systems has filed publicly for a US IPO. This follows months after withdrawing a prior listing attempt. The company focuses on AI chips and data center operations.
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AI chipmaker Cerebras Systems has filed publicly for a US IPO. This follows months after withdrawing a prior listing attempt. The company focuses on AI chips and data center operations.

Unitree Robotics filed for a $610M IPO on Shanghai's Star Market after preliminary review. The company saw revenue jump 335% to 1.71B yuan last year. Growth fueled by rising interest in embodied AI and humanoid robots.

ModelBest has filed IPO counseling documents with the Shanghai Securities Regulatory Bureau, appointing CITIC Securities as its advisor. A mid-July funding round valued the company at more than 20 billion yuan, while its MiniCPM models have surpassed 38 million downloads across GitHub and Hugging Face.

SpaceX’s confidential S-1 pre-IPO filing warns that its orbital AI data center plans involve significant technical complexity and unproven technologies, potentially lacking commercial viability. This contradicts Elon Musk’s January Davos claim that space-based AI is a 'no-brainer' achievable in 2-3 years. The disclosure comes as SpaceX eyes a $1.75 trillion valuation.
XAG, an agricultural robotics firm, filed for HKEX IPO on March 27 after turning profitable. Revenues grew to RMB 11.66B in 2025 with net profit of RMB 124M, driven by scaling drone sales and high-margin overseas markets. Drones comprise 87.6% of revenue, highlighting product concentration risks.
China's CSRC has approved Beijing Shenyen Intelligent's Hong Kong IPO and full circulation of 81.6M domestic unlisted shares. The company plans to issue up to 10.43M new ordinary shares on HKEX. This enables public listing and liquidity for shareholders.

Tec-Do Holdings filed for a Hong Kong main board listing on February 27, 2026. It aims to be the first publicly traded company focused on multi-agent AI marketing technology. The firm served over 100,000 advertisers in 2025.