Articles from Cerebras Systems Inc.

SUNNYVALE, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- Cerebras Systems Inc. (“Cerebras”) today announced the pricing of its initial public offering of an aggregate of 30,000,000 shares of its Class A common stock, at a public offering price of $185.00 per share. In addition, Cerebras has granted the underwriters a 30-day option to purchase up to an additional 4,500,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Global Select Market on May 14, 2026, under the ticker symbol “CBRS.” The offering is expected to close on May 15, 2026, subject to customary closing conditions.

Cerebras Systems Inc. (“Cerebras”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its Class A common stock. The number of shares of Class A common stock to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or other terms of the offering.

In a bold step toward shaping the future of technology in South America and the Caribbean, the Government of the Co-operative Republic of Guyana (Guyana) and Cerebras Systems have signed a landmark Memorandum of Understanding (MOU) to build and operate a state-of-the-art artificial intelligence (AI) data center of up to 100MW in Wales, Guyana. This transformative initiative marks a new chapter in Guyana’s journey to become an AI-first nation and the regional leader in digital innovation.

Cerebras Systems Inc. (“Cerebras”), the pioneer in accelerating artificial intelligence (AI) compute, today announced at SC21 a new Cerebras Software Development Kit (SDK) that will enable the developer community to create new wafer-scale applications across computational fluid dynamics, molecular dynamics, signal processing, and more. The SDK is in Beta now and will be available year end.