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
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
Blackstone Digital Infrastructure Trust, a newly-formed REIT by Blackstone targeting data centers leased to hyperscalers, raised $1.75 billion by offering 87.5 million shares at $20. IPO investors will receive an additional 1% of their investment in bonus...read more
Five sizable IPOs are currently scheduled for the week ahead, joined by a direct listing. AI chipmaker Cerebras Systems (CBRS) plans to raise $3.4 billion at a $34.7 billion market cap. Cerebras’ core innovation, the Wafer-Scale Engine (WSE), is 58...read more
Renaissance Capital's May IPO Market Update
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%
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
Newly-formed data center REIT Blackstone Digital Infrastructure Trust prices $1.75 billion IPO at $20
Blackstone Digital Infrastructure Trust, a newly-formed REIT by Blackstone targeting data centers leased to hyperscalers, raised $1.75 billion by offering 87.5 million shares at $20. IPO investors will receive an additional 1% of their investment in bonus...read more
US IPO Week Ahead: AI chipmaker Cerebras leads a roster of 5 major IPOs
Five sizable IPOs are currently scheduled for the week ahead, joined by a direct listing. AI chipmaker Cerebras Systems (CBRS) plans to raise $3.4 billion at a $34.7 billion market cap. Cerebras’ core innovation, the Wafer-Scale Engine (WSE), is 58...read more