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Cerebras Payday Includes Tiger—And SPVs
Earlier this morning we published exclusive returnson some of the biggest investors in AI chip designer Cerebras, whose shares surged in their first day of trading. The offering represents welcome cash for investors after they’ve seen initial public offerings get delayed year after year.Tiger ...
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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.
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cnbc.com
Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami
Cerebras raised $5.55 billion in its IPO, and with the chipmaker's offering, investors are gearing up for some even bigger AI deals later this year.
