The briefing
AI chipmaker Cerebras Systems raised $5.5 billion in its IPO, pricing at $185 per share after boosting both range and size. Shares opened at $385 and closed at $311, valuing the company around $66 billion in the first major tech listing of 2026.
Original headline
Cerebras raises $5.5B, then stock pops $108%, in the first huge tech IPO of 2026