Cerebras Raises $5.55 Billion in Year’s Biggest IPO
Artificial intelligence chipmaker Cerebras Systems Inc. raised $5.55 billion in its US initial public offering.
The company priced its shares at $185 each, giving Cerebras a market value of about $40 billion, based on the shares offered and outstanding in its filings.
Bloomberg’s Neil Campling reports.
Cerebras IPO valuation hits $67B
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