Industry
AI chip provider Cerebras seeks to raise 3.5B in IPO at 26.6B valuation
Cerebras Systems Inc., a maker of supersized artificial intelligence chips, today disclosed the financial terms of its upcoming public offering. The company hopes to raise as much as 3.5 billion by se
Cerebras Systems Inc., a maker of supersized artificial intelligence chips, today disclosed the financial terms of its upcoming public offering. The company hopes to raise as much as 3.5 billion by selling 28 million shares for 115 to 125 apiece. Cerebras’ underwriters, the banks entrusted with coordinating its listing, have the option to buy an […] The post AI chip provider Cerebras seeks to raise 3.5B in IPO at $26.6B valuation appeared first on SiliconANGLE.
Source: SiliconANGLE | 2026-05-04