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Technology
Cerebras files updated IPO terms: $3.5bn raise at $26.6bn valuation
May 4, 2026
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Three days after suggesting it might target up to 4bn at 40bn, the AI chipmaker has marketed 28 million shares at 115-125 each, lining the deal up with its February private valuation rather than above it. Cerebras Systems was preparing to seek up to 4bn at a roughly 40bn valuation in its long-awaited initial public [] This story continues at The Next Web
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Coverage and analysis from Netherlands. All insights are generated by our AI narrative analysis engine.
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