Sources: Cerebras is seeking to raise as much as $4B in its IPO and is targeting a valuation of about $40B (Bloomberg)

<a href="https://www.bloomberg.com/news/articles/2026-05-01/ai-chipmaker-cerebras-is-said-to-target-up-to-4-billion-in-ipo"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260501/i23.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260501/p23#a260501p23" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-05-01/ai-chipmaker-cerebras-is-said-to-target-up-to-4-billion-in-ipo">Sources: Cerebras is seeking to raise as much as $4B in its IPO and is targeting a valuation of about $40B</a></b></span>&nbsp; &mdash;&nbsp; Cerebras Systems Inc. is seeking to raise as much as $4 billion in its initial public offering, according to people familiar with the matter, as demand for the artificial intelligence chipmaker &hellip; </p>