
BusinessLead story
Cerebras prices IPO at $5.5B, then stock doubles in first-day trading
Shares opened at $385 against a $185 IPO price, valuing the Nvidia challenger at $56.4B fully diluted.
Jaeden SchaferEditor in Chief5 min read
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Shares opened at $385 against a $185 IPO price, valuing the Nvidia challenger at $56.4B fully diluted.

The Wafer-Scale Engine 3 maker is pricing 28 million shares at $115 to $125, with banks already fielding $10 billion in orders.

Iranian missile and drone attacks have damaged AWS, Oracle, and Pure DC sites, freezing a trillion-dollar Gulf AI data center plan.
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