adventtr/iStock via Getty Images Listen below or on the go via Apple Podcasts and Spotify AI chipmaker Cerebras Systems ( CBRS ) secures $5.55B in the year’s largest IPO. (00:13) Cisco ( CSCO ) announces layoffs with Q3 results. (01:04) Netflix ( NFLX ) brings back fan favorites , more NFL games, and Quasimodo at the 2026 Upfront event. (02:22) This is an abridged transcript. AI chipmaker Cerebras Systems ( CBRS ) raised $5.55B in its U.S. initial public offering, capitalizing on booming investor demand for artificial intelligence semiconductors. The company priced its shares at $185 each, which is above the marketed range. Cerebras had offered 30M shares in the IPO for $150 to $160 each, after revising the range and number of shares higher on Monday. The shares are expected to begin trading on Nasdaq today under the ticker symbol “CBRS.” The offering is expected to close on May 15, 2026.…