Cerebras’ monster IPO, Cisco’s big quarter, and the AI factory’s real impact
Are IPOs finally back?
It sure looks like it, if Cerebras’ monster initial public offering this week is any indication.
After raising its offering price twice, the stock rose 68% on the first day of trading, as the maker of huge artificial intelligence chips raised at least $5.5 billion.
That success seems likely to spur […]
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Cerebras IPO valuation hits $67B
- Cerebras prices its IPO above range, raising $5.55 billion on AI chip frenzy Quartz —
- Cerebras to Kick Off Hotly Anticipated Year for Artificial-Intelligence IPOs Wall Street Journal —
- Cerebras Raises $5.55 Billion in Year’s Biggest IPO Bloomberg —
- AI Chipmaker Cerebras Expects to Price Its IPO at $185 Per Share Bloomberg —
- AI chipmaker Cerebras raises $5.55 billion in year’s biggest IPO 📹 Bloomberg — · 2min