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Chips & Compute

Cerebras raises $5.55bn in the biggest US tech IPO since Snowflake

Covered by 2 sourcesPublished May 14, 2026

Cerebras Systems went public with an IPO raising $5.55 billion, marking the largest US tech IPO since Snowflake. The company specializes in AI hardware, particularly chips designed for machine learning workloads.

Covered by 2 sources

More on this story

Cerebras just had the biggest US tech IPO since Snowflake. SpaceX, OpenAI, and Anthropic are next.
May 17· The Next Web

#ai-chips #cerebras-systems #ipo #machine-learning-hardware

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