Cerebras Systems Raises Record $5.55 Billion in Largest U.S. IPO of 2026

Cerebras Systems priced its IPO at $185 per share, valuing the Sam Altman-backed AI chipmaker at $56.4 billion as shares begin trading Thursday.

Cerebras Systems Raises Record $5.55 Billion in Largest U.S. IPO of 2026
Credit: Samuel Boivin/NurPhoto/Getty
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