Cerebras IPO: The $4.8 Billion Bet That Could Reshape the AI Chip Wars
The AI chip market just got a lot more interesting. Cerebras Systems — the company that builds AI chips the size of dinner plates — filed updated paperwork raising its IPO price range to $150–$160 per share. That’s up from an already ambitious $115–$125 range set just last week, putting the company on track to raise up to $4.8 billion in what’s shaping up to be the biggest IPO of 2026. ...