Cerebras lifts IPO range to $160 after 20x demand
Cerebras is raising its IPO price range and share count after orders reportedly reached more than 20 times the planned offering.
3 verified stories covering Cerebras, product updates and industry developments.
Cerebras is raising its IPO price range and share count after orders reportedly reached more than 20 times the planned offering.
OpenAI commits over $20 billion to Cerebras for AI compute, with equity warrants and a $1 billion data center fund, as the battle shifts from training to inference. Nvidia counters by acquiring Groq for $20 billion.
OpenAI has deployed its GPT-5.3-Codex-Spark model on Cerebras WSE-3 chips instead of Nvidia GPUs, achieving over 1,000 tokens per second — roughly 15 times faster than the standard version. The move marks OpenAI's first production deployment on non-Nvidia hardware.