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[HARDWARE]■ STORY TIMELINE

CEREBRAS RAISES $5.55B IN YEAR'S LARGEST IPO

AI chipmaker Cerebras Systems raised $5.55 billion in its US initial public offering, marking the largest IPO of 2024. The company priced shares at $185 each, valuing it at approximately $40 billion.

1 SOURCEFIRST SEEN MAY 14, 06:16 AM► READ THE ARTICLE
Bloomberg Tech+0m

Artificial intelligence chipmaker Cerebras Systems Inc. raised $5.55 billion in its US initial public offering. The comp…