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Cerebras priced its initial public offering at $185 a share.
Cerebras priced its IPO at $185 per share, raising approximately $5.55 billion.
KEY POINTS
- Customer concentration shifted in 2025: G42 dropped to 24% and MBZUAI rose to 62%.
- Cerebras signed a multi-year OpenAI deal worth over $20 billion, with no revenue recognized yet.
- The Wafer Scale Engine 3 is a single-wafer AI processor, not GPU chiplets like Nvidia.
COMPANIES
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