Topic: wafer-scale chips
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Cerebras targets up to $4 billion IPO at $40 billion valuation
Cerebras Systems is seeking to raise up to $4 billion in a Nasdaq IPO at a roughly $40 billion valuation, a dramatic increase from its $8.1 billion private valuation in September 2025, following a stalled 2024 IPO due to a national-security review of its largest customer, G42. The company's valua...
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Cerebras raises $5.55bn in largest US tech IPO since Snowflake
Cerebras Systems priced its IPO at $185 per share, above the marketed range, raising $5.55 billion and achieving a $56.4 billion valuation in the largest U.S. tech IPO since Snowflake. Strong investor demand was driven by a partnership with OpenAI, but the company faces a risk from customer conce...
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