Cerebras Systems (IPO)
Funding Details
Awarder
Inbox
Date Award
September 30, 2024
Vertical
AI Chip Development
Funding URL
View Funding Page
Company Info
Traction
Cerebras has established a significant partnership with Group 42, which accounted for 87% of its revenue in the first half of 2024. The company is in the process of going public after receiving CFIUS clearance.
Organizations Involved
Group 42, Microsoft
Founders
Andrew Feldman
Market
Artificial Intelligence
Location
Sunnyvale, California, United States
Company Description

Cerebras Systems is an AI chip developer that specializes in creating high-performance chips for artificial intelligence applications. The company is known for its unique technology that allows for efficient processing of AI models, competing primarily with Nvidia.

Links
Website
Back to HomeBack to AI Chip Development DealsView Funding Announcement