Nvidia rival Cerebras Systems raised a new round of private financing despite its previous plan be trading on the public market by 2025. Silicon Valley-based Cerebras announced it raised a $1.1 billion Series G round on Tuesday that valued the AI hardware company at $8.1 billion. The round was co-led by Fidelity and Atreides Management with participation from Tiger Global, Valor Equity Partners, and 1789 Capital, among others. Cerebras, which was founded in 2015 and offers chips, hardware system...