Sources: Benchmark raised $2B across two new funds, including a $1.25B fund for late-stage bets, its first growth fund after decades of focusing on new startups
After a late-stage bet on Cerebras delivered big returns, Benchmark decided to raise its first-ever growth fund
Cerebras' co-founders, CEO Andrew Feldman and CTO Sean Lie, own stakes worth $3.2B and $1.7B, respectively, representing about 5.5% and nearly 3% of the company
The tech billionaires club has two new members after Cerebras' blockbuster IPO lifted the chipmaker's market cap close to $100 billion.
Cerebras shares closed up 68% at $311.07 in the company's Nasdaq debut on May 14 after it raised $5.5B in 2026's largest IPO, giving it a market value of $67B
Cerebras Systems Inc. shares jumped 68% in its trading debut after raising $5.5 billion in the year's largest IPO …
Cerebras shares closed up 68% at $311.07 in the company's Nasdaq debut after it raised $5.5B in the year's largest IPO, giving it a market value of $67B
Cerebras Systems Inc. shares jumped 68% in its trading debut after raising $5.5 billion in the year's largest IPO …
Cerebras opens at $350, valuing the chipmaker at $100B+, after raising $5.5B by selling 30M shares at $185, the largest US tech IPO since Uber's debut in 2019
Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the company's expected range.
Sources: Arm and its parent company SoftBank expressed preliminary interest in acquiring Cerebras weeks before its expected IPO; Cerebras rebuffed them
Cerebras prices its IPO at $185 per share, above the expected range of $150 to $160 per share, raising $5.55B and valuing it at $56.4B on a fully diluted basis
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range …
Source: Cerebras priced its IPO at $185 per share, above the expected range of $150 to $160, raising at least $5.55B and valuing it at $56.4B fully diluted
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range …
Sources: Arm and its parent company SoftBank expressed preliminary interest in acquiring Cerebras weeks before its expected IPO; Cerebras rebuffed them
Arm Holdings Plc and its majority owner SoftBank Group Corp. made an approach to acquire Cerebras Systems Inc., the AI computing firm …
OpenAI stands to hold ~$2.6B in combined CoreWeave and Cerebras stock that it acquired by committing to buy cloud services and chips, and to lend Cerebras money
Chipmaker Cerebras brought in one of the greatest pitchmen in tech, Sam Altman, to appear in a video to promote its $5.5 billion initial public offering.