Business & Funding

Cerebras targets $40 billion valuation in second IPO attempt

AI Quick Briefs Editorial Desk · May 4, 2026
Cerebras targets $40 billion valuation in second IPO attempt

AI chip maker Cerebras Systems is heading to the Nasdaq under the ticker CBRS. The IPO roadshow kicks off Monday, with shares targeted between $115 and $125, Reuters reports, citing a person familiar with the matter.
The article Cerebras targets $40 billion valuation in second IPO attempt appeared first on The Decoder.

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