TECH NEWS
Cerebras just had the biggest US tech IPO since Snowflake. SpaceX, OpenAI, and Anthropic are next.
TL;DR Cerebras raised $5.55bn at a $95bn debut. SpaceX, OpenAI, and Anthropic, worth $3 trillion combined, could IPO this year. Cerebras Systems closed its first day on the Nasdaq at $311.07, up 68% from its $185 IPO price, giving the wafer-scale chip company a market capitalisation of