# Cerebras Systems is set to launch its IPO on Wall Street at $185 per share.

*genai · news · 2026-05-14 · The Economic Times*

## Key points

- Cerebras Systems will IPO at $185 per share, aiming to raise $5.5 billion.
- The company's valuation exceeds $55 billion, making it the year's largest US IPO.
- Cerebras raised its IPO price target twice, ultimately settling on $185 per share.
- OpenAI has a $10 billion contract for Cerebras processors and may gain over 10% ownership via warrants.

**Companies:** Cerebras Systems
**Countries:** United States

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/tech/technology/us-chip-start-up-cerebras-to-raise-5-5-billion-in-ipo/articleshow/131081324.cms)

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