capital · May 16, 2026
Cerebras Closes First Day of Nasdaq Trading at $95 Billion Market Cap
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Cerebras closed its first day of Nasdaq trading on May 14, 2026 with a market cap of $95 billion. The IPO turned two co-founders into billionaires after raising $5.55 billion. Cerebras had raised private capital at a $23.1 billion valuation in February 2026. Cerebras shares soared 68 percent in the Nasdaq debut on May 14, 2026.
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