Cerebras raises $5.5B, then stock pops 108%, in the first huge tech IPO of 2026
A year ago, it looked like this day would never happen for Cerebras.
A year ago, it looked like this day would never happen for Cerebras.
Cerebras Systems was 2026’s biggest tech IPO so far. But years ago, it burned through hundreds of millions working on a chip many believed impossible.
Investing in the real world was lonely for Lior Susan 10 years ago. Now his firm finds itself at the center of the tech world’s action.
In its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, scaring investors.