Elon Musk was open to having OpenAI merge with Cerebras. Now Cerebras is looking at going public as soon as this week.

Elon Musk was open to having OpenAI merge with Cerebras. Now Cerebras is looking at going public as soon as this week.

Cerebras Systems upsized its IPO to 30 million shares at $150-$160 each, targeting $4.8B with a $33B valuation as the book was oversubscribed roughly 20x.

Company raised $5.55bn from sale of 30 million shares