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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 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.
Investors
Altimeter Capital
Udaan, AppDynamics, Airbnb, Epic Games, Snowflake, Vroom, Unity Technologies, 23andMe, MongoDB, Cerebras Systems
Benchmark
Cerebras Systems, Confluent, Airtable, Skybox Security, Cockroach Labs, Amplitude, Silver Peak, The Minerva Project, HackerOne, ResearchGate
Foundation Capital
Cohesity, Cerebras Systems, LendingHome, Bolt Threads, States Title, Chegg, ForgeRock, Kik, Aquion Energy, Venafi
Sequoia Capital
Market Kurly, OYO, Airbnb, Tokopedia, Instacart, DoorDash, Robinhood, Stripe, 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 Technology Officer
Gary Lauterbach
Press
dlvr - Sep, 5 2020
bit - Aug, 19 2020
Yahoo Finance! - Apr, 28 2020
IEEE Spectrum - Jan, 1 2020
free news - Nov, 24 2019
zdnet - Nov, 19 2019
Business Wire - Nov, 19 2019
venturebeat - Nov, 19 2019
zdnet - Aug, 28 2019
bbc - Aug, 19 2019
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