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Cerebras Systems’ explosive IPO has pushed its valuation near the $100 billion threshold, driven entirely by a market vote of confidence in its revolutionary architecture rather than current financials.
The AI chipmaker's stock surged on its open day of trading last week, and it's still well above its IPO price.
Cathie Wood’s ARK Invest is staying true to its high-growth strategy. Two of its biggest funds snapped up Cerebras Systems on the heels of the chip maker’s impressive market debut, which saw the stock surge nearly 70%. A trading disclosure shows the flagship (ARKK) picked up 71,655 Cerebras shares on Thursday.
Cerebras Systems (CBRS) soared in its public market debut on Thursday after the artificial intellige
Cerebras Systems increased the size and expected price range of its initial public offering, which n
Chipmaker Cerebras Systems increased the size of an upcoming initial public offering in a sign of continued strong demand for AI stocks.
Cerebras Systems plans to kick off the roadshow for its proposed initial public offering as the arti
