The $CBRS (Cerebras) IPO is expected to raise approximately $4.8B at a $48.8B valuation, with an initial price range of $150-$160 per share. While the official IPO is set for Thursday, pre-IPO markets shown on the Hyperliquid platform indicate the asset is already trading significantly higher at approximately $287.39. The company specializes in large-scale inference chips and maintains a working relationship with OpenAI.