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2 articles First covered Apr 25, 2026, latest May 15, 2026
Cerebras corporate site Open Graph card.
Hardware·

Cerebras priced its IPO at $185 and closed at $311. Andrew Feldman and Sean Lie became billionaires.

Cerebras raised $5.55 billion on May 14 and closed its first day at a $95 billion market cap. The wafer-scale AI chip maker shipped the year's biggest tech IPO.

Cerebras Systems brand image from the Cerebras website.
Hardware·

Cerebras files for an IPO again, this time with $510M in revenue and a $10B OpenAI deal in its pocket

Cerebras filed an S-1 on April 17 listing as 'CBRS,' targeting roughly $23B at the prior private mark. The OpenAI inference deal is the line item that changed the story.