Cerebras Payday Includes Tiger—And SPVs
The Information
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AI Hardware
Earlier this morning we published exclusive returns on some of the biggest investors in AI chip designer Cerebras, whose shares surged in their first day of trading. The offering represents welcome cash for investors after they’ve seen initial public offerings get delayed year after year. Tiger Global Management, for instance, bought shares in September 2025 and earlier this year, when it led a $1B investment priced at $89 a share.