#cerebras systems

AI chipmaker Cerebras Systems is moving toward a long-awaited public offering, planning to sell 28 million shares priced between $115 and $125, which would value the company at up to $26.6 billion — a significant jump from its $23 billion Series H valuation just months ago. The company’s Wafer-Scale Engine 3 chip targets AI inference workloads, claiming […]

SUNNYVALE, Calif., May 4, 2026 — Cerebras Systems, Inc. today announced that it plans to commence the roadshow for its proposed initial public offering of its Class A common stock. Cerebras […] The post Cerebras Systems Announces Launch of Initial Public Offering appeared first on AIwire.