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BXDC News

Renaissance Capital's May IPO Market Update

Blackstone Digital Infrastructure Trust logo

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%

CBRS

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 logo

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

CBRS

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