Cerebras IPO mints two billionaires, sets stage for potential AI wave

Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., holds the Wafer Scale Engine 3 AI chip during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Bloomberg | Bloomberg | Getty Images The tech billionaires club has two new members after Cerebras' blockbuster IPO lifted the chipmaker's market cap close to $100 billion. …