Cerebras Systems has reportedly secured a deal with OpenAI worth over $10 billion and is planning a $1 billion funding raise at a $22 billion valuation ahead of its IPO. Prediction markets currently show a 91% probability of the Cerebras IPO closing at a market cap exceeding $50 billion. The analyst maintains a highly bullish sentiment, projecting the company's valuation will surpass $100 billion before the end of the year.