Sources: Arm and SoftBank expressed preliminary interest to acquire Cerebras weeks before its expected IPO; Cerebras rebuffed them (Bloomberg)

Techmeme ·

Arm and SoftBank both made preliminary acquisition offers for AI chip maker Cerebras weeks before its planned IPO, but Cerebras declined and is proceeding with its public listing.

Categories: Money & Moves

Excerpt

<a href="https://www.bloomberg.com/news/articles/2026-05-13/arm-softbank-said-to-have-tried-to-buy-cerebras-in-11th-hour"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260513/i36.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260513/p36#a260513p36" 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/2026-05-13/arm-softbank-said-to-have-tried-to-buy-cerebras-in-11th-hour">Sources: Arm and SoftBank expressed preliminary interest to acquire Cerebras weeks before its expected IPO; Cerebras rebuffed them</a></b></span>&nbsp; &mdash;&nbsp; Arm Holdings Plc and its majority owner SoftBank Group Corp. made an approach to acquire Cerebras Systems Inc., the AI computing firm, weeks &hellip; </p>

Read at source: https://www.techmeme.com/260513/p36#a260513p36