Cerebras Launches Major European AI Expansion, Targeting 200 MW by 2027
Cerebras announces ambitious European expansion targeting 200 MW AI capacity by 2027, backed by its OpenAI partnership and multi-billion investment.
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Cerebras Reports Strong Revenue Growth in First Post-IPO Earnings, Stock Falls on Margin Concerns
Despite reporting 94% revenue growth and securing a multi-year OpenAI agreement worth over $20 billion, Cerebras shares fell in after-hours trading on lower margin guidance.
Strong Buy Ratings Pour In for Cerebras: Fastest AI Inference Leader
Analysts are bullish on Cerebras, citing its fast AI chips and big growth potential, with price targets up to $340.
Semiconductor Shares Slide as US-China Talks End Without Chip Deal
Chip stocks fell after a Trump–Xi meeting brought no deals. Nvidia, Intel, AMD dropped as hopes for China sales and AI growth cooled.
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.
SoftBank and Arm Tried to Buy Cerebras Weeks Before $34 Billion IPO
Cerebras is going public at up to $34B despite takeover offer from Arm/SoftBank, boosted by big AI chip deals with OpenAI and AWS.