Cerebras Systems Debuts with Blockbuster IPO, Sparking AI Stock Frenzy
Cerebras Systems, the AI chipmaker, made a sensational entrance on the Nasdaq by pricing its IPO at $185 per share, raising $5.55 billion, and surging nearly 70% on its opening day. The company is now valued at around $95 billion, marking one of the largest AI IPOs in history. Investors, including...