Cerebras' IPO could help open the market to more AI and hardtech companies — but many may not be able to take advantage of the updraft until next year, according to a panel of investors from Benchmark, Iconiq, and Foundation Capital speaking to Axios at Web Summit Vancouver last week.
Driving the news: Shares of Cerebras soared at its debut last week, nearly triple the company's last private market valuation at open. They remain significantly above the IPO price, closing at $303.63 on Tuesday.
