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Bloomberg Tech: AI Chipmaker Cerebras Seeks $4.8 Billion in Upsized IPO

Bloomberg Tech
AI Chipmaker Cerebras Seeks $4.8 Billion in Upsized IPO
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Cerebras’ increased IPO plans as the AI chipmaker and data center operator boosts its offering plans by one-third to as much as $4.8 billion. Plus, Circle CEO Jeremy Allaire explains what drove the company’s first-quarter revenue and his vision of an agent-led future. And Google researchers say they have uncovered the first-ever zero-day attack built by AI.
May 11, 2026