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Startup · United States

Cerebras Systems

HQ Sunnyvale501-1000 employeesCBRS

Develops computing infrastructure for AI inference.

Startup
Website
Total raised
~$8.37B
11 rounds
Last round
$5.55B
IPO · May 13, 2026
Systems
7

Funding11 rounds · ~$8.37B

Equity raised
~$8.37B
Debt, secondaries & grants
$1.85B
Latest
$5.55BIPO · May 13, 2026
Last valuation
$40.00B?Basis not stated · IPO · May 13, 2026
Cumulative raised$8.20B
Dec 19, 2016May 13, 2026
Valuation over time$40.00B · May 13, 2026
Valuation over timeReported valuation rose from $2.40B (Nov 27, 2019) to $40.00B (May 13, 2026) across 5 valued rounds. 3 post-money, 2 without a stated pre/post basis.
Valuations by round
AnnouncedStageValuationBasis
Nov 27, 2019Series E+$2.40BPost-money
Nov 10, 2021Series E+$4.00BBasis not stated
Sep 30, 2025Series E+$8.10BPost-money
Feb 3, 2026Series E+$23.00BPost-money
May 13, 2026IPO$40.00BBasis not stated
View all 11 funding rounds →

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems7

Cerebras CS-2

Earlier-generation wafer-scale AI computing system.

Maturity not rated

Cerebras CS-3

Wafer-scale computing system for AI training and inference.

Maturity not rated

Cerebras CS-4

Rack-scale computing system for AI inference.

Maturity not rated

Cerebras Inference

AI inference platform offered through cloud and on-premises deployments.

Maturity not rated

WSE-2

Second-generation wafer-scale AI processor used in the Cerebras CS-2 system.

Maturity not rated
View all 7 systems →

Newest unveiled first. Open a system for its milestone timeline, components and sources.

People6

All 6 people →

Sources30

Show all 30 sources and supporting evidence

Profile5

  1. 1
    DatabaseCerebras Systems - PitchBook company profile

    PitchBook · Supports Organization · country, Organization · employee range, Organization · linkedin url, Organization · x url

    “country: US”
  2. 2
    DatabaseSixth-Domain public startups directory

    Sixth-Domain · Supports Organization · kind

    “{"group": "startups", "id": "ffdcafb2-0d5c-4887-803b-17492b09aa44", "name": "Cerebras Systems"}”
  3. 3
    DatabaseCerebras Systems - LinkedIn company profile

    LinkedIn · Supports Organization · employee range, Organization · hq city, Organization · linkedin url

    “employee_range: 501-1000 (profile: 501-1,000 employees)”
  4. 4
    DatabaseCerebras Systems - Owler company profile

    Owler · Supports Organization · country, Organization · employee range, Organization · hq city, Organization · linkedin url, Organization · x url

    “country: US”
  5. 5
    Government recordSEC company tickers and exchanges

    U.S. Securities and Exchange Commission · Supports Organization · ownership

    “[2021728,"Cerebras Systems Inc.","CBRS","Nasdaq"]”

Systems3

  1. 6
    CompanyCerebras

    Cerebras Systems · Supports Organization · description, Organization · name, Organization · website, System

    “Introducing the all new Cerebras CS-4, a revolutionary rack-scale solution that delivers up to 30x faster inference compared to GPUs. Designed to be deployed at hyperscale, CS-4 is the world’s fastest infrastructure for frontier AI.​”
  2. 7
    CompanyCerebras CS-4 | Fastest AI Inference System

    Cerebras Systems · Supports System

    “CS-4 runs on WSE-3 Turbo—the world’s largest and fastest AI processor. Its four trillion transistors and 900,000 AI cores deliver 250 PFLOPS of compute and 43.2 petabytes per second of memory bandwidth. ​”
  3. 8
    CompanyCerebras Whitepapers | AI Inference and Wafer-Scale

    Cerebras Systems · Supports System

    “The CS-2 is a system solution that consists of innovations across three dimensions: a) the second generation Cerebras Wafer Scale Engine (WSE-2) — the industry’s largest and only multi-trilliontransistor processor, b) the Cerebras System and c) the Cerebras software platform.”

Funding21

  1. 9
    NewsFor Eclipse, the $2.5B Cerebras win is just the start of realizing its physical-world thesis

    TechCrunch · May 17, 2026 · Supports Funding round

    “The firm’s $6.5 million Series A investment in Cerebras Systems in 2016”
  2. 10
    NewsAI Chipmaker Cerebras Expects $185 IPO Price, Above Marketed Range

    Bloomberg · May 13, 2026 · Supports Funding round · amount

    “raised $5.55 billion in its US initial public offering”
  3. 11
    NewsOpenAI's cozy partner Cerebras is on track for a blockbuster IPO

    TechCrunch · May 4, 2026 · Supports Funding round · amount

    “OpenAI loaned Cerebras $1 billion, secured by warrants”
  4. 12
    CompanyCerebras Systems Closes $850 Million Revolving Credit Facility

    Cerebras · Apr 15, 2026 · Supports Funding round · amount

    “announced the closing of a new five-year syndicated revolving credit facility for up to $850 million”
  5. 13
    CompanyCerebras Systems Closes $850 Million Revolving Credit Facility

    Cerebras Systems · Apr 15, 2026 · Supports Funding round · amount

    “Cerebras Systems, makers of the fastest AI infrastructure in the industry, today announced the closing of a new five-year syndicated revolving credit facility for up to $850 million.”
  6. 14
    NewsBenchmark raises $225M in special funds to double down on Cerebras

    TechCrunch · Feb 6, 2026 · Supports Funding round · amount

    “led the startup’s $27 million Series A in 2016”
  7. 15
    CompanyCerebras Raises $1 Billion Series H at $23 Billion Valuation

    Cerebras · Feb 3, 2026 · Supports Funding round, Funding round · amount, Funding round · post money valuation usd

    “The round was led by Tiger Global”
  8. 16
    CompanyCerebras Systems Raises $1 Billion Series H

    Cerebras Systems · Feb 3, 2026 · Supports Funding round · amount

    “Cerebras Systems today announced the closing of a $1 billion Series H financing at a post-money valuation of approximately $23 billion.”
  9. 17
    CompanyCerebras Raises $1.1 Billion at $8.1 Billion Valuation

    Cerebras · Sep 30, 2025 · Supports Funding round, Funding round · amount, Funding round · post money valuation usd

    “The round was led by Fidelity Management & Research Company and Atreides Management”
  10. 18
    NewsArtificial Intelligence Chip Startup Nabs $4 Billion Valuation

    Bloomberg · Nov 10, 2021 · Supports Funding round, Funding round · amount, Funding round · post money valuation usd

    “contributed by Alpha Wave Ventures and Abu Dhabi Growth Fund”
  11. 19
    CompanyCerebras Systems Raises $250M in Funding for Over $4B Valuation to Advance the Future of Artificial Intelligence Compute

    Cerebras Systems · Nov 10, 2021 · Supports Funding round · amount

    “Cerebras Systems, the pioneer in accelerating artificial intelligence (AI) compute, today announced it has raised $250 million in a Series F financing round, valuing the company at over $4 billion.”
  12. 20
    NewsCerebras Raises Approx. $25M in Funding

    FinSMEs · Dec 27, 2016 · Supports Funding round · amount

    “reportedly raised approx. $25m in funding”
  13. 21
    DatabaseCerebras Systems - Crunchbase company profile

    Crunchbase · Supports Funding round

    “Funding Type Debt Financing”
  14. 22
    DatabaseCerebras Systems - Crunchbase company profile

    Crunchbase · Supports Funding round

    “Funding Type Series C”
  15. 23
    DatabaseCerebras Systems - Crunchbase company profile

    Crunchbase · Supports Funding round

    “Funding Type Series D”
  16. 24
    DatabaseCerebras Systems - Crunchbase company profile

    Crunchbase · Supports Funding round

    “Funding Type Series E”
  17. 25
    DatabaseCerebras Systems - Crunchbase company profile

    Crunchbase · Supports Funding round

    “Funding Type Series F”
  18. 26
    NewsCerebras Drops 12% Post Q2 Earnings: Buy the Stock on the Dip?

    Yahoo Finance · Supports Funding round · post money valuation usd

    “The pricing gives Cerebras an implied market value of about $40 billion”
  19. 27
    DatabaseCerebras Systems - Tracxn company profile

    Tracxn · Supports Funding round, Funding round · post money valuation usd

    “Nov 27, 2019 | $272M | Series E | $2.4B”
  20. 28
    NewsCerebras Systems Stock: $23B Valuation — A Buy?

    TSG Invest · Supports Funding round · amount

    “By its Series D round in November 2018 ($88 million), the company had joined the ranks of the industry’s unicorns.”
  21. 29
    DatabaseCerebras Systems - Seedtable company profile

    Seedtable · Supports Funding round

    “Cerebras Raises 60.0M USD in Series C Funding”

People1

  1. 30
    DatabaseCerebras Systems - Crunchbase company profile

    Crunchbase · Supports Organization · country, Organization · employee range, Organization · hq city, Organization · linkedin url, Organization · x url, Role

    “country: US”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.