Cerebras Systems
Wafer-scale AI accelerators for training and inference
AI
📍 Sunnyvale, CA
Founded 2016
Current Valuation
$8.1B
as of 2025-Q3
UNICORN
Cerebras Systems designs the world's largest AI chip — the WSE-3 wafer-scale engine — and sells both hardware systems and a fast inference cloud for frontier model training and serving. The company filed for an IPO in 2024 (still pending), then raised a $1.1B Series G in September 2025 at an $8.1B valuation, with 2025 revenue of ~$510M (+76% YoY) driven by surging AI infrastructure demand.
Company Profile
Est. Revenue
$510M (2025-Q4)
Last Round
Series G — $1.1B (Sep 2025) · Lead: Fidelity Management & Research
Founders & Key People
Andrew FeldmanGary LauterbachMichael JamesSean LieJean-Philippe Fricker
Investors
Fidelity Management & Research · Atreides Management · Tiger Global · Valor Equity Partners · Foundation Capital · Benchmark · Eclipse Ventures · G42
Products
- WSE-3 Wafer-Scale Engine
- CS-3 System
- Cerebras Inference
- Condor Galaxy AI Supercomputers
Competitors
NVIDIA · Groq · SambaNova · Tenstorrent · Graphcore · AMD
AISemiconductorsAI HardwareInferenceIPO Filed
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q3. Refreshed quarterly.