Cerebras Systems (Series G)
Funding Details
Awarder
SemiNews
Date Award
September 1, 2025
Vertical
AI Hardware
Funding Amount
$1,100,000,000
Company Info
Founding Year
2025
Traction
Cerebras claims its wafer-scale chips can perform inference and training 20x faster than conventional GPUs with reduced power per unit compute.
Market
Data Centers
Location
Sunnyvale, California, USA
Coinvestors
Fidelity Management & Research Company, Atreides Management, Tiger Global, Valor Equity Partners, 1789 Capital, Altimeter Capital Management, Alpha Wave Ventures, Benchmark
Company Description

Cerebras makes wafer-scale AI processors. Its third-generation technology, the Wafer Scale Engine 3, contains 4 trillion transistors to deliver 125 petaflops of AI compute through 900,000 AI-optimized cores with 44 GB of on-chip SRAM and 21 petabytes per second of memory bandwidth.

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