16:30
2026-05-14
techcrunch.com
news
Cerebras raises $5.5B, then stock pops $108%, in the first huge tech IPO of 2026
Cerebras Systems raised $5.5 billion in its IPO Thursday, pricing shares at $185 before the stock surged 108% to open at $385 in public trading. The AI chipmaker, a competitor to Nvidia, ended its fir…