SEC filing: Cerebras upsizes its IPO to 30M shares at $150-$160 each, up from 28M shares at $115-$125, aiming to raise up to $4.8B at an up to $34.4B valuation (Carmen Reinicke/Bloomberg)

<a href="https://www.bloomberg.com/news/articles/2026-05-11/ai-chipmaker-cerebras-systems-seeks-4-8-billion-in-upsized-ipo"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260511/i17.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260511/p17#a260511p17" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Carmen Reinicke / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-05-11/ai-chipmaker-cerebras-systems-seeks-4-8-billion-in-upsized-ipo">SEC filing: Cerebras upsizes its IPO to 30M shares at $150-$160 each, up from 28M shares at $115-$125, aiming to raise up to $4.8B at an up to $34.4B valuation</a></b></span>&nbsp; &mdash;&nbsp; Cerebras Systems Inc. increased the size of its initial public offering, now seeking to raise as much as $4.8 billion &hellip; </p>