Sources: Cerebras plans to make its IPO public as soon as Friday, aiming to raise $3B+ at a $35B+ valuation, a 60% premium to its $22B February valuation
IPO filing for @cerebras (target: Q2 2026) with a rumored valuation of ~$30-35B, up from ~$23.1B prior valuation. Going to raise $3B Massive multi-year demand from @OpenAI (potentially $20-30B) Positioning as a credible alternative to $NVDA in AI infrastructure