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Cerebras IPO Targets $33B Valuation Amid Rapid Growth

CJ Gustafson
CJ GustafsonMay 12, 2026

Cerebras will IPO on the NASDAQ this week, targeting a valuation of $33 billion. In 2025 the company grew 76% to $510M in revenue, produces AI chips the size of a dinner plate, and 86% of their business comes from 2 customers. 1. Wut? Strap in. This has some twists and turns I present to you, +6,000 words on the topic. https://lnkd.in/eN43Gwfk

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