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News Wire / technology

Cerebras Systems IPO Raises $5.55 Billion

United States 1h Impact 3
AI chipmaker Cerebras Systems (CBRS) debuted on the Nasdaq on May 14, raising $5.55 billion. Shares opened at $350, an 89% increase from the $185 IPO price, valuing the company at $106.75 billion.

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IPO artificial intelligence stock market

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Sources · 7 independent

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