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Cerebras IPO nearly doubles on Nasdaq debut – TON BOT

Cerebras IPO nearly doubles on Nasdaq debut

Cerebras IPO shares opened at $350 on the Nasdaq, nearly doubling from the $185 per-share price set the evening before. The AI chipmaker raised $5.55 billion, making it the largest US tech IPO since Uber’s debut. It carries a market capitalization above $100 billion, with OpenAI and Amazon Web Services as anchor customers.


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