What is Cerebras Systems' latest valuation?

Cerebras Systems has reached a valuation of $23 billion after raising $1 billion in new capital.

What makes Cerebras' Wafer Scale Engine unique?

The Wafer Scale Engine is a massive chip, approximately 8.5 inches square, containing 4 trillion transistors and 900,000 cores designed for accelerated AI computations.

When is Cerebras Systems planning to go public?

Cerebras Systems is preparing for an Initial Public Offering (IPO) in the second quarter of 2026.

Home / Business and Economy / AI Chip Giant Cerebras Valued at $23 Billion

AI Chip Giant Cerebras Valued at $23 Billion

7 Feb

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Summary

Cerebras raised $1 billion, reaching a $23 billion valuation.
Its massive Wafer Scale Engine chip processes AI tasks rapidly.
A $10 billion deal with OpenAI was signed last month.

AI Chip Giant Cerebras Valued at $23 Billion

AI chip manufacturer Cerebras Systems announced it has raised $1 billion in new capital, achieving a valuation of $23 billion. This marks a significant increase from its previous valuation of $8.1 billion just six months prior. The funding round was led by Tiger Global, with substantial investment from early backer Benchmark Capital.

Cerebras' distinct technology lies in its Wafer Scale Engine, a massive chip measuring approximately 8.5 inches square. This chip integrates 4 trillion transistors and 900,000 specialized cores, designed to accelerate AI calculations and inference tasks far beyond conventional systems.

Momentum for Cerebras has grown with a recent multi-year agreement valued at over $10 billion to supply 750 megawatts of computing power to OpenAI. This partnership, extending through 2028, aims to enhance OpenAI's AI query response times.