AI Chipmaker Cerebras Seeks $4.8 Billion in Upsized IPO | Bloomberg Tech 5/11/2026
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Cerebras’ increased IPO plans as the AI chipmaker and data center operator boosts its offering plans by one-third to as much as $4.8 billion.
Plus, Circle CEO Jeremy Allaire explains what drove the company’s first-quarter revenue and his vision of an agent-led future.
And, Google researchers say they have uncovered the first-ever zero-day attack built by AI. (Source: Bloomberg)
Cerebras IPO price target raised
- Cerebras Systems added as a new long idea ahead of IPO Seeking Alpha —
- Exclusive: Cerebras to raise IPO price range to $150-$160 as demand surges, sources say - Reuters Reuters —
- Cerebras to Boost Price of IPO to as High as $160, Reuters Says Bloomberg —
- Cerebras Boosts IPO Price, Seeking to Raise $4.8 Billion Wall Street Journal —
- Cerebras Raises Pricing Range Ahead of IPO The Information —