04:53 AM EDT, 05/14/2026 (MT Newswires) -- Cerebras Systems (CBRS) priced its initial public offering of 30 million class A common shares at $185 apiece, above its projected range of $150 to $160, the artificial intelligence chipmaker said late Wednesday.

IPO underwriters have a 30-day overallotment option to purchase up to 4.5 million additional shares.

The company expects its shares to start trading on the Nasdaq Global Select Market under the ticker symbol CBRS Thursday, while the IPO is expected to close Friday.