Deep Tide TechFlow News, May 14, According to Bloomberg, AI chip company Cerebras raised $5.55 billion in its first public offering in the United States, becoming the largest IPO since 2026. Its offering price was $185 per share, higher than the previous range of $150 to $160, corresponding to a market value of about $40 billion, with a fully diluted valuation of approximately $49 billion.



The report states that the offering was oversubscribed by more than 20 times, and the stock is expected to be listed on the Nasdaq Global Select Market under the ticker CBRS. Documents show that OpenAI holds 33.4 million warrants for Cerebras, some of which are conditional on the progress of computing power delivery and the company's market value exceeding $40 billion.
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