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CEREBRAS PRICES IPO AT $185, BEATING EXPECTATIONS

AI chip maker Cerebras Systems priced its initial public offering at $185 per share, exceeding the $150-$160 range and raising at least $5.55 billion. The company achieved a fully diluted valuation of $56.4 billion.

1 SOURCEFIRST SEEN MAY 13, 10:50 PM► READ THE ARTICLE

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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 (Jordan Novet/CNBC)

Jordan Novet / CNBC: Source: Cerebras priced its IPO at $185 per share, above the expected range of $150 to $160, raisin…

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