The Information — AI · · 1 min read

Cerebras Prices Offering at $185 a Share

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AI chip designer Cerebras Systems priced its initial public offering at $185 a share Wednesday night, well above its initial expectation of between $115 and $125. The IPO price values Cerebras at $56 billion taking into account all outstanding options and warrants.

Cerebras sold 30 million ...

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