Cerebras Systems Wants to Sell Shares on Nasdaq

May 4, 2026, 21:53
GlobalFinance

Introduction

Cerebras Systems makes hardware for AI. The company wants to raise 3.5 billion dollars.

Main Body

The company wants to sell 28 million shares. Each share costs between 115 and 125 dollars. The company is now worth more money than before. Cerebras tried to do this in 2024, but they stopped. Now, the company makes more money. They made 510 million dollars last year. Cerebras works with OpenAI. OpenAI is a big customer. They have a deal for 20 billion dollars. Cerebras makes a special chip. They say it is better and faster than Nvidia chips. Other companies are watching this to see if AI is still popular.

Conclusion

Cerebras is talking to investors now. They want to use the name 'CBRS' on the Nasdaq.

Learning

💰 The 'Money' Pattern

Look at how we describe money and value in this text. For an A2 learner, these are the most useful patterns:

1. Talking about Cost

  • Pattern: [Item] + costs + [Amount]
  • Example: "Each share costs between 115 and 125 dollars."
  • Simple rule: Use 'costs' for the price of one thing.

2. Talking about Earnings

  • Pattern: [Person/Company] + made + [Amount]
  • Example: "They made 510 million dollars last year."
  • Simple rule: Use 'made' when talking about profit or money earned in the past.

3. Talking about Value

  • Pattern: [Something] + is worth + [Amount/Description]
  • Example: "The company is now worth more money."
  • Simple rule: Use 'worth' to describe the total value of a business or object.

Quick Vocabulary Shift

  • Raise → To get more money (from investors).
  • Deal → A business agreement.
  • Worth → The value of something.

Comparison Logic

  • Better → Faster →\rightarrow "better and faster than Nvidia chips."

Vocabulary Learning

company
An organization that provides goods or services.
Example:The company announced a new product.
raise
To increase or lift something up.
Example:The company wants to raise 3.5 billion dollars.
sell
To exchange something for money.
Example:The company wants to sell 28 million shares.
share
A unit of ownership in a company.
Example:Each share costs between 115 and 125 dollars.
cost
The amount of money needed to buy something.
Example:The share costs 120 dollars.
worth
The value or importance of something.
Example:The company is now worth more money than before.
money
Currency used for buying and selling.
Example:The company makes more money each year.
last
The most recent or previous.
Example:They made 510 million dollars last year.
year
A period of 12 months.
Example:Last year, the company earned a lot of money.
works
To function or operate.
Example:Cerebras works with OpenAI.
customer
A person or company that buys goods or services.
Example:OpenAI is a big customer of Cerebras.
deal
An agreement between two parties.
Example:They have a deal for 20 billion dollars.
chip
A small piece of semiconductor used in electronics.
Example:Cerebras makes a special chip.
better
Of higher quality or more effective.
Example:They say it is better than Nvidia chips.
faster
Moving or operating more quickly.
Example:The chip is faster than others.
companies
Multiple businesses or corporations.
Example:Other companies are watching this to see if AI is still popular.
watching
Observing or keeping an eye on something.
Example:Other companies are watching this.
popular
Well-liked or widely used.
Example:The technology is still popular.
talking
Having a conversation or discussion.
Example:Cerebras is talking to investors now.
investors
People or groups that put money into a company.
Example:They want to attract more investors.
use
To employ something for a purpose.
Example:They want to use the name CBRS on Nasdaq.
name
A word or set of words by which a person or thing is known.
Example:The company has a new name.
hardware
Physical parts of a computer or electronic device.
Example:Cerebras makes hardware for AI.
billion
One thousand million.
Example:The company wants to raise 3.5 billion dollars.
million
One thousand thousand.
Example:The company wants to sell 28 million shares.
dollars
The currency used in the United States.
Example:Each share costs between 115 and 125 dollars.
AI
Artificial Intelligence, computer systems that can perform tasks like humans.
Example:Cerebras makes hardware for AI.
Nasdaq
A stock exchange where companies list their shares.
Example:They want to sell shares on Nasdaq.
OpenAI
A company that develops artificial intelligence technologies.
Example:Cerebras works with OpenAI.
Nvidia
A company that makes computer chips for graphics and AI.
Example:Cerebras' chip is better and faster than Nvidia chips.
CBRS
An abbreviation for a company’s name used in the text.
Example:They want to use the name CBRS on the Nasdaq.