Cerebras raises $5.55bn in the biggest US tech IPO since Snowflake
Priced at $185, above the marketed range, the wafer-scale chip company opens trading on Thursday at a $56.4bn valuation. The OpenAI deal is what got the book covered. The customer concentration footnote is what the next quarter has to answer. Cerebras Systems priced its IPO at $185 per share on Wednesday evening, above the marketed […]<br /> This story continues at The Next Web [...]
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Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Cerebras says its chips run a trillion-parameter AI model nearly 7 times faster than GPU clouds
Less than a week after completing the largest tech IPO of 2026, Cerebras Systems is making its most aggressive play yet to dominate the fast-growing AI inference market. On Monday, the Sunnyvale-based [...]
OpenAI deploys Cerebras chips for 15x faster code generation in first major move beyond Nvidia
OpenAI on Thursday launched GPT-5.3-Codex-Spark, a stripped-down coding model engineered for near-instantaneous response times, marking the company's first significant inference partnership outsi [...]
Cerebras just had the biggest US tech IPO since Snowflake. SpaceX, OpenAI, and Anthropic are next.
Cerebras Systems closed its first day on the Nasdaq at $311.07, up 68% from its $185 IPO price, giving the wafer-scale chip company a market capitalisation of approximately $95 billion. The offering r [...]
Snowflake builds new intelligence that goes beyond RAG to query and aggregate thousands of documents at once
Enterprise AI has a data problem. Despite billions in investment and increasingly capable language models, most organizations still can't answer basic analytical questions about their document re [...]
AI agents keep giving confident wrong answers. The context layer is enterprise AI's next production problem.
Enterprise AI agents have a new production failure mode, and it is not the model. As enterprises move from single-layer RAG to hybrid retrieval architectures, the same underlying data produces differe [...]
Perplexity takes its ‘Computer’ AI agent into the enterprise, taking aim at Microsoft and Salesforce
Perplexity, the AI-powered search company valued at $20 billion, announced on Wednesday at its inaugural Ask 2026 developer conference that its multi-model AI agent, Computer, is now available to ente [...]
