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Cerebras Systems Stock
Artificial Intelligence Chip & Systems Manufacturer
About Cerebras Systems Stock
Cerebras Systems is a computer systems company that develops computers and chips for artificial intelligence.
Cerebras emerged from stealth mode in August 2019 when they unveiled the Wafer Scale Engine, a semiconductor chip that is 56x larger than the current biggest computer chip. In November 2019, Cerebras revealed the CS-1 system, a computer optimized for AI work. Cerebras claims that the CS-1 system is the world's fastest AI computer built. Currently, Cerebras has sold its CS-1 computer to customers including the Argonne National Laboratory and the U.S. Department of Energy. In August 2021, Cerebras announced that its CS-2 Wafer Scale Engine 2 processor is a “brain-scale” chip that can power AI models with more than 120 trillion parameters.
In August 2020 the company announced that it would be expanding to Japan through the creation of a Tokyo-based wholly owned subsidiary called Cerebras Systems G.K..
Cerebras Systems was founded in 2016 and is headquartered in Los Altos, California, with additional offices in San Diego. Notable investors include Benchmark, Sequoia Capital, Foundation Capital, and Altimeter Capital.
Investors
Altimeter Capital
Udaan, AppDynamics, Airbnb, Epic Games, Snowflake, Vroom, Unity Technologies, 23andMe, MongoDB, StockX
Benchmark
Airtable, Cerebras Systems, Confluent, Amplitude, Chainalysis, Prosper Marketplace, Skybox Security, Cockroach Labs, Good Eggs, Silver Peak
Eclipse
Cerebras Systems, Light, Owlet Baby Care, Kindred AI, Skyryse
Foundation Capital
Fair, Graphcore, Cohesity, Cerebras Systems, Bolt Threads, LendingHome, States Title, D2iq, Chegg, ForgeRock
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, DoorDash, Stripe, UiPath, Moderna Therapeutics, Rappi
Funding History
| May 2016 | $27.2M |
|---|---|
| January 2017 | $25.0M |
| July 2017 | $65.0M |
| November 2018 | $79.8M |
| November 2019 | $276M |
Management
Chief Executive Officer
Andrew Feldman
Chief Financial Officer
Tony Maslowski
Chief Technology Officer
Gary Lauterbach
Press
finance - Aug, 24 2021
biospace - Aug, 18 2021
venturebeat - Apr, 20 2021
zdnet - Apr, 20 2021
neurons - Mar, 9 2021
businesswire - Feb, 3 2021
zd - Nov, 17 2020
venturebeat - Nov, 17 2020
dlvr - Sep, 5 2020
bit - Aug, 19 2020
techspot - Aug, 19 2020
zd - Aug, 18 2020
Yahoo Finance! - Apr, 28 2020
IEEE Spectrum - Jan, 1 2020
free news - Nov, 24 2019
zdnet - Nov, 19 2019
venturebeat - Nov, 19 2019
zdnet - Aug, 28 2019
bbc - Aug, 19 2019
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