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 (Jordan Novet/CNBC)
Cerebras priced its IPO at $185/share, above the $150-160 expected range, raising $5.55B at a $56.4B fully diluted valuation in a strong AI infrastructure market debut.
Excerpt
<a href="https://www.cnbc.com/2026/05/13/cerebras-prices-ipo-above-expected-range-wall-street-expects-ai-flood.html"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260513/i50.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260513/p50#a260513p50" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Jordan Novet / <a href="http://www.cnbc.com/">CNBC</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.cnbc.com/2026/05/13/cerebras-prices-ipo-above-expected-range-wall-street-expects-ai-flood.html">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</a></b></span> — Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range … </p>
Read at source: https://www.techmeme.com/260513/p50#a260513p50