Cerebras Systems, Inc.

Semiconductors

Cerebras Systems Stock

Cerebras Systems is a prominent innovator in AI technology, specializing in hardware and software solutions that dramatically accelerate the pace of artificial intelligence computations. The company is renowned for developing the largest and most powerful AI processors in the industry, encapsulated in their flagship CS series of AI supercomputers. These systems are designed to optimize the training of large-scale AI models, catering to sectors including healthcare, energy, and government.

Founded: 2015

Cerebras Systems Website

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Cerebras Systems Company Overview

Founded by a team of distinguished computer architects and AI experts, Cerebras Systems has quickly ascended as a pivotal player in the high-performance AI compute sector. The company’s origin traces back to the collective vision and expertise of its founders, including CEO Andrew Feldman and CTO Gary Lauterbach, both of whom brought significant experience from their previous roles in companies such as SeaMicro and AMD. Cerebras is best known for its revolutionary CS-2 system, equipped with the Wafer Scale Engine (WSE), the largest processor of its kind designed specifically for AI work. This product has set a new standard in the industry, providing unmatched capabilities in processing speed and efficiency for AI model training applicable across various fields including healthcare, energy, and governmental sectors. The advancement continued with the introduction of the CS-3 system, which offers even greater improvements in memory bandwidth and processing cores, ensuring substantial gains over traditional computing setups. The company’s innovation trajectory is exemplified by their latest development, the Andromeda AI supercomputer. This system features groundbreaking technology that allows for scalable and efficient training of large language models with near-perfect linear scaling. Andromeda has been a game-changer in reducing the complexity typically associated with such large-scale AI computations. Financially, Cerebras has demonstrated robust growth, supported by significant funding rounds that have enabled it to expand its global footprint and enhance its technological offerings. This expansion not only underscores Cerebras' leading position in the AI compute landscape but also reflects its ongoing commitment to transforming the capabilities and accessibility of AI technology worldwide. Through strategic innovation and strong leadership, Cerebras Systems continues to drive forward the boundaries of what is possible in artificial intelligence, making substantial impacts across a broad spectrum of industries.

Management Team

Andrew Feldman Chief Executive Officer and Co-Founder

Gary Lauterbach Chief Technology Officer and Co-Founder

Bob Komin Senior Vice President and Chief Financial Officer

Julie Shin Choi Senior Vice President and Chief Marketing Officer

Sean Lie Chief Technology Officer and Co-Founder

Michael James Chief Architect, Advanced Technologies and Co-Founder

Jean-Philippe Fricker Chief System Architect and Co-Founder

Dhiraj Mallick Chief Operating Officer

Naor Penso Chief Security Officer

Alan Chhabra Executive Vice President of Worldwide Partners

Alex Varel Executive Vice President, Worldwide Sales

Andy Hock, PhD Senior Vice President, Product and Strategy

Vinay Srinivas, PhD Senior Vice President, Software Engineering

Hagay Lupesko Senior Vice President, AI Cloud

Natalia Vassilieva, PhD Vice President and Field Chief Technology Officer, ML

Jessica Liu Vice President of Product Management

Angela Yeung Vice President of Product Management

Nish Sinnadurai Vice President and General Manager for Canada

Lakshmi Ramachandran India Country Lead

Shirley Li General Counsel

Notable Investors

Benchmark Capital

Foundation Capital

Coatue Management

Alpha Wave Ventures

Vy Capital

Altimeter Capital

Funding Information

Locked

News

Cerebras Launches World’s Fastest Inference for Meta Llama 4

SUNNYVALE, Calif.--(BUSINESS WIRE)--Apr 9, 2025-- Cerebras Systems, the pioneer in accelerating generative AI, today announced the launch of Llama 4 inference across its CS-3 systems and on-demand cloud platform.

Cerebras Systems, Ranovus win $45 million US military deal to speed up chip connections

SAN FRANCISCO, April 1 (Reuters) - Cerebras Systems, a Silicon Valley-based AI chip company, and Canadian chip startup Ranovus said on Tuesday that they had been awarded a $45 million contract from the U.S. military to speed up connections between computing chips.

Chipmaker Cerebras Says US Signs Off on UAE Tie Ahead of IPO

Cerebras Systems Inc. said it has resolved “all open issues” with the Committee on Foreign Investment in the US, a crucial step that may clear the chip startup’s path for its much-anticipated initial public offering.

Cerebras just announced 6 new AI datacenters that process 40M tokens per second — and it could be bad news for Nvidia

Cerebras Systems is challenging Nvidia with six new AI data centers across North America, promising 10x faster inference speeds and 7x cost reduction for companies using advanced AI models like Llama 3.

Cerebras becomes the world’s fastest host for DeepSeek R1, outpacing Nvidia GPUs by 57x

Cerebras Systems launches DeepSeek's R1-70B AI model on its wafer-scale processor, delivering 57x faster speeds than GPU solutions and challenging Nvidia's AI chip dominance with U.S.-based inference processing.

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Cerebras Triples its Industry-Leading Inference Performance, Setting New All Time Record

SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct 24, 2024-- Today, Cerebras Systems, the pioneer in high performance AI compute, smashed its previous industry record for inference, delivering 2,100 tokens/second performance on Llama 3.2 70B.

Cerebras Files For The Very First Generative AI IPO

While Cerebras’ revenue soared in the first half of 2024, the company’s net loss declined.

AI chipmaker Cerebras files for IPO to take on Nvidia

Cerebras faces competition from Nvidia, as well as cloud providers that have developed in-house chips for running artificial intelligence models.

Cerebras Systems Eyes $7-8B Valuation in IPO

Cerebras Systems, a Silicon Valley startup specializing in AI-optimized semiconductors, is preparing to launch its initial public offering (IPO) this week. The company is reportedly aiming to raise between $750 million and $1 billion, potentially valuing the firm at $7 billion to $8 billion. Known for its cutting-edge AI hardware,...

Startup Cerebras Looks to Outdo Nvidia With New AI Processor

Cerebras Systems Inc., a startup that looks to challenge Nvidia Corp. in artificial intelligence computing, unveiled a new chip that it says will trounce rivals at running AI models and generating response.

Cerebras Announces New Board Members and Chief Financial Officer - Cerebras

Cerebras Systems, a pioneer in accelerating generative AI, today announced the appointment of new independent Board members Glenda Dorchak, a former IBM, Intel and Spansion executive, and Paul Auvil, former CFO of VMWare and Proofpoint.

AI chipmaker Cerebras confidentially files for US IPO

Artificial intelligence chipmaker Cerebras Systems has confidentially filed for an initial public offering in the United States as it prepares to challenge industry heavyweight Nvidia.

AI chipmaker Cerebras Systems, a competitor to Nvidia, reportedly files for an IPO

Cerebras Systems Inc., the high-powered computer chip startup taking on Nvidia Corp. in the artificial intelligence industry, has reportedly filed confidential paperwork with U.S. securities regulator

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Aleph Alpha enlists Cerebras supers for German military

Also demonstrates success accelerating molecular dynamics

Cerebras Wafer Scale Engine Outperforms World's #1 Supercomputer, Achieving Long-Timescale Molecular Dynamics Simulations 179x Faster

SUNNYVALE, Calif., May 15, 2024--Cerebras Systems, the pioneer in accelerating generative AI, in collaboration with researchers from Sandia, Lawrence Livermore, and Los Alamos National Laboratories, have achieved an extraordinary breakthrough in molecular dynamics (MD) simulations. Using the second generation Cerebras Wafer Scale Engine (WSE-2), researchers were able to perform atomic scale simulations at the millisecond scale – 179x faster than what is possible on the world's leading supercompu

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Chipmaker Cerebras Systems picks Citigroup for IPO

CHIPMAKING startup Cerebras Systems has picked Citigroup as the lead bank on its initial public offering (IPO), according to sources familiar with the matter. Read more at The Business Times.

AI startup Cerebras unveils the WSE-3, the largest chip yet for generative AI

The chip, the size of a single semiconductor wafer, has doubled performance to handle large language models in the tens of trillions of parameters.

Chipmaker Cerebras Systems Weighs IPO as Soon as 2024

Chipmaking startup Cerebras Systems, Inc. is weighing an initial public offering as soon as this year, according to people familiar with the matter.

Mayo Clinic pairs with Cerebras Systems to help develop AI for health care

Jan 8 (Reuters) - The Mayo Clinic, a nonprofit medical center based in Rochester, Minnesota, on Monday said it will partner with Silicon Valley startup Cerebras Systems to develop artificial intelligence (AI) models for the health care industry.