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💰 MoneyMay 11, 2026

AI Chipmaker Cerebras Seeks $4.8 Billion in Upsized US IPO

Cerebras Systems Inc. increased the size of its initial public offering, now seeking to raise as much as $4.8 billion, as demand for the artificial intelligence chipmaker and data center operator’s shares continues to build.

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Source

https://www.bloomberg.com/news/articles/2026-05-11/ai-chipmaker-cerebras-systems-seeks-4-8-billion-in-upsized-ipo