Surf_City_USA
$CBRG
Unlocked shares & maybe a deliberate attempt to squash a successful launch by those with rejected offers. They shorted the hell out of it
Arm Holdings and SoftBank Group: In May 2026, UK-based chip designer Arm Holdings and its majority owner SoftBank made a last-minute, multi-billion-dollar preliminary bid to acquire Cerebras. The offer was denied/rebuffed by Cerebras executives so the company could proceed with its high-profile initial public offering (IPO).
Nvidia: Earlier in 2026, Nvidia also approached Cerebras for a potential acquisition as it looked to secure SRAM-heavy chip technology. Cerebras declined the offer and instead chose to sign a massive commercial infrastructure partnership with OpenAI.
OpenAI: Internal documents made public during legal trials revealed that OpenAI heavily considered a merger or acquisition of Cerebras as early as 2017 to gain a hardware advantage, though the deal never materialized.
If this was junk, why would these filks want it?
3