How I'm Playing The Cerebras IPO

Cerebras just priced it’s IPO at $185/share or a roughly $40 Billion valuation. This is one of the largest IPOs of the year and it’s happening at what feels like peak AI-hype in the market. Cerebras is a company that does inference faster than anyone else and it’s economic outlook is anchored by a key $20 Billion agreement with OpenAI. It starts trading publicly on Thursday, but I am actually playing this IPO with a proxy bet that I think could outperform it. Let’s dive in…