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The tech billionaires club has two new members after Cerebras'
blockbuster IPO lifted the chipmaker's market cap close to $100 billion.
Roughly a decade after starting Cerebras, Andrew Feldman, the company's CEO, and technology chief Sean Lie, own stakes worth $3.2 billion and $1.7 billion, respectively.
Cerebras shares soared 68% in their Nasdaq debut on Thursday, capping a remarkable rise for a company that withdrew its prior IPO filing seven months ago, opting instead to raise private capital. In February, Cerebras was valued at $23.1 billion by investors, and now the company is riding a fresh wave of demand for AI chips that's sent shares of Intel
