Cerebras hikes IPO range to $125–$135 as orders hit ~$10B against $3.5B on offer
Cerebras hikes IPO range to $125–$135 as orders hit ~$10B vs $3.5B on offer. Implied valuation comfortably above $26.6B; CBRS prices May 13.
Cerebras hikes IPO range to $125–$135 as orders hit ~$10B vs $3.5B on offer. Implied valuation comfortably above $26.6B; CBRS prices May 13.
2026 AI chip startup scorecard: Tenstorrent well-funded at $2.6B, SambaNova distressed at -57% valuation, Hailo in SPAC talks, Rebellions targeting KOSPI.
Cerebras Systems prices CBRS on Nasdaq May 13 at a $24.5–26.6B valuation. WSE-3 maker reported $510M revenue in 2025 and holds a $10B OpenAI deal.
NVIDIA acquired Groq for $20 billion on Christmas Eve 2025, absorbing the LPU team in its largest-ever deal. Groq founder and 90% of engineers joined NVIDIA.