Cerebras Systems Stock
Stealth mode hardware startup
About Cerebras Systems Stock
Cerebras Systems is a stealth mode startup aiming to disrupt the current Artificial Intelligence landscape. Cerebras Systems develops computer chips, software, and hardware in order to combat current computing power bottlenecks 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.
Cerebras Systems was founded in 2016 and is headquartered in Los Altos, California, with additional offices in San Diego. Cerebras Systems is backed by investors including Benchmark, Sequoia Capital, and Altimeter Capital.
Investors
Altimeter Capital
AppDynamics, Airbnb, Epic Games, Snowflake, 23andMe, Unity Technologies, Vroom, MongoDB, Cerebras Systems, Okta
Benchmark
Cerebras Systems, Skybox Security, Confluent, Airtable, Silver Peak, The Minerva Project, HackerOne, Cockroach Labs, Revinate
Foundation Capital
Cerebras Systems, Cohesity, LendingHome, Chegg, Kik, Bolt Threads, Venafi, MobileIron, Transphorm, ForgeRock
Funding History
| May 2016 | $27.2M |
|---|---|
| January 2017 | $25.0M |
| July 2017 | $65.0M |
| November 2018 | $79.8M |
| November 2019 | $230M |
Management
Co-Founder & Chief Executive Officer
Andrew Feldman
Co-Founder & Chief Technology Officer
Gary Lauterbach
Co-Founder & Chief Hardware Architect
Sean Lie
Co-Founder & Chief System Architect
Jean-Philippe Fricker
Co-Founder & Chief Architect of Advanced Technologies
Michael James
VP and Chief Financial Officer
Tony Maslowski
VP Engineering and Business Development
Dhiraj Mallick
VP Software Engineering
Vinay Srinivas, PhD
VP Operations and Customer Support
John Turk
Director of Product
Andy Hock, PhD
Press
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
realmoney - Aug, 27 2019
bbc - Aug, 19 2019
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