Cerebras CEO’s Past Felony Conviction Hangs Over IPO Listing

Cerebras Systems, a $4 billion-valuation semiconductor designer taking on Nvidia, stands out as one of the few tech startups aiming to list its shares publicly this year, trying to capitalize on investor interest in hardware that powers artificial intelligence.

What may dampen some of the fervor is another unusual detail: Its co-founder and CEO, Andrew Feldman, was convicted for an accounting fraud felony nearly two decades ago.