# 1789 Capital

The Giant-Slayer’s Debut: Cerebras, Donald Trump Jr., and the Next Phase of the AI Arms Race

Cerebras Systems has successfully launched 2026's largest IPO, achieving a $67 billion valuation on the back of its innovative wafer-scale chip technology. The listing highlights a pivot toward AI inference efficiency and features a high-profile investor lineup including Donald Trump Jr. and OpenAI’s Sam Altman.