Over the last decade, there were times when Cerebras investors could be forgiven for losing hope. The company, which was attempting the difficult and expensive task of developing an alternative to Nvidia’s graphics processing units, didn’t deliver its first chips until five years into its ...

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.

The next-gen chipmaker first filed for its IPO in September 2024. Now, after snags that held up its debut, it’s a public company.

Cerebras Systems, the AI chipmaker rival to Nvidia, is set to raise more than $5.5bn after pricing its US IPO at $185 per share.

It topped expectations that were already high.

Resposta do mercado aumenta expectativas pelas estreias de OpenAI e Anthropic