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Cerebras prices IPO at $185 per share, above expectations

Cerebras prices its IPO at $185 per share, above the $150–$160 expected range, raising at least $5.55 billion and valuing the AI chip maker at $56.4 billion fully diluted.

May 14 · · primary fetch1 sourceupdated May 14 ·

Jordan Novet / CNBC: Source: Cerebras priced its IPO at $185 per share, above the expected range of $150 to $160, raising at least $5.55B and valuing it at $56.4B fully diluted — Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range …

read full article on techmeme.com
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  1. techmeme.comSource: Cerebras priced its IPO at $185 per share, above the expected range of $150 to $160, raising at least $5.55B and valuing it at $56.4B fully diluted (Jordan Novet/CNBC)primary