Beyond SK Hynix's $28-29 billion Nasdaq debut, this week's US IPO calendar is nearly empty -- a sharp contrast to June's run of SpaceX, Cerebras and Lime, and a sign the pipeline is thinner than headline enthusiasm suggests.
Jul 9, 2026Startup exits worth $1 billion or more were more numerous in Q2 2026 than at any point since the 2021 market peak, according to Crunchbase data -- powered by SpaceX's record IPO (a $2.1 trillion first-day market cap on $75 billion raised), Cerebras's and Quantinuum's debuts, and SpaceX's $60 billion acquisition of Cursor. The quarter signals the long-frozen exit window has decisively reopened for late-stage tech.
Jun 29, 2026Cerebras Systems will deploy OpenAI's GPT-5.6 Sol on its wafer-scale WSE-3 chips at up to 750 tokens per second in July — roughly 10x faster than any Nvidia GPU deployment of a frontier model in production. The partnership is a strategic proof point for Cerebras ahead of its planned 2026 IPO.
Jun 26, 2026Cerebras shares fell roughly 20% -- back near their IPO price -- after the AI-chip maker's first earnings report as a public company spooked investors with a soft gross-margin outlook, even as it beat on revenue. CEO Andrew Feldman said the market 'misunderstood' the guidance, which reflects a temporary plan to lease back systems while it builds its own data centers.
Jun 24, 2026Cerebras is the market's clearest bet on AI hardware scarcity -- up 68% since its May debut at $312. The AI chipmaker trades at a premium pricing in years of Nvidia-alternative demand.
May 14, 2026