The Globe and Mail reports in its Wednesday edition that Cerebras Systems, a tech company in Silicon Valley that makes chips used to train artificial intelligence models, began trading on Nasdaq last Thursday following a much-anticipated initial public offering. The Globe's David Berman says its shares jumped 68 per cent on its first day of trading, leading to some serious FOMO for those sitting on the sidelines. Welcome to the 2026 IPO frenzy, where new issues that tap into the AI theme are about to set records. Meanwhile, SpaceX, Elon Musk's rocket company which also has an AI component, is expected to go public June 12. The company could raise $80-billion (U.S.) through its IPO -- a record haul -- implying a $1-trillion (U.S.) valuation. You don't have to be a billionaire insider to participate (though it helps). A company that goes public will generally allocate shares to underwriters or investment banks, who then distribute them to a syndicate, which includes asset managers and brokerages. From there, some shares will find their way to interested individuals, though they are often affluent investors. Still TD's New Issue Centre, for example, will notify clients of upcoming IPOs, along with bond and note offerings.