up Cerebras to raise $5.5 billion in IPO
Published on: May 14, 2026, 8:38 a.m. | Source: The Economic Times
Cerebras Systems is set to launch its IPO on Wall Street at $185 per share, aiming to raise approximately $5.5 billion and valuing the company at over $55 billion. This marks the largest US IPO this year, with the chip startup specializing in wafer-scale processors crucial for AI development.
