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Cerebras raises $5.55bn in the biggest US tech IPO since Snowflake
Cerebras priced its IPO at $185, above the range, raising $5.55bn at a $56.4bn valuation. The biggest US tech IPO since Snowflake in 2020.
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cnbc.com
Cerebras bumps up IPO range as it looks to raise up to $4.8 billion
Elon Musk was open to having OpenAI merge with Cerebras. Now Cerebras is looking at going public as soon as this week.
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cryptobriefing.com
Cerebras Systems targets $4.8B IPO with upsized share offering
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.
