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Cerebras CEO Is Worth $3.2 Billion After Year’s Largest IPO

Bloomberg Technology
Bloomberg Technology

Shares of Cerebras Systems Inc. soared about 68% in Nasdaq trading in New York. It’s the year’s biggest initial public offering and gives the company a market value of roughly $67 billion.  Bailey Lipschultz, Bloomberg News Senior Equities Reporter, discusses the initial offering and how the company is differentiating itself from incumbents like Nvidia. (Source: Bloomberg)