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Cerebras seeks a valuation of up to $26.62B in its US IPO, aiming to raise $3.5B by selling 28M shares at $115 to $125 apiece in its second attempt to go public

Nvidia-rival Cerebras is seeking a valuation of as much as $26.62 billion in its U.S. initial public offering …

Reuters

Discussion

  • @accessipos Craig Stephens on x
    Cerebras updated IPO terms this morning: Cerebras IPO Date: Thursday, May 14th Offering: 28 million shares Initial Range: $115-$125 Raise: Up to $3.5 billion Market Cap: Up to $27 billion Symbol: $CBRS https://accessipos.com/...
  • @jaredkubin Jared L Kubin on x
    $CBRS CEREBRAS IPO maths (DAY 1 of ROADSHOW): *ipo model below for you Lets take a fresh look. There are some private investors in $CBRS on here, so they can weigh in better than me. To be clear... I have not made detailed forecasts and this is for informational/educational [imag…
  • Marc Adams Marc Adams on linkedin
    The AI infrastructure arms race just got a $3.5 billion injection.  —  Cerebras Systems is planning one of the largest tech IPOs in recent memory …