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CBRS News

Renaissance Capital's May IPO Market Update

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Thirteen IPOs raised a combined $11.5 billion in May, joined by one direct listing, marking the biggest month for proceeds since November 2021. A handful of very large names generated an outsized portion of total capital raised, led by AI chipmaker...read more

US IPO Weekly Recap: Cerebras raises $5.6 billion in the largest AI IPO ever and jumps 68%

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The IPO market saw the largest AI deal of all time this past week, joined by major listings in energy, infrastructure, and emergency services. AI chipmaker Cerebras Systems (CBRS) upsized and priced above the upwardly revised range to raise $5.6 billion at a ...read more

AI chipmaker Cerebras Systems prices upsized IPO at $185, above the upwardly revised range

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Cerebras Systems, which designs and produces semiconductors and supercomputers, and provides AI services, raised $5.6 billion by offering 30 million shares at $185, above the revised $150 to $160 range. The company originally filed to offer 28 million shares at ...read more

AI chipmaker Cerebras Systems ups shares, raises range to $150 to $160 ahead of $4.7 billion IPO

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Cerebras Systems, which designs and produces semiconductors and supercomputers, and provides AI services, raised the proposed deal size for its upcoming IPO on Monday. The Sunnyvale, CA-based company now plans to raise $4.7 billion by offering 30 million...read more