Cerebras Systems

Company research

Public company, workplace, funding, and market signals

Updated Aug 5, 2026

Overview

Cerebras Systems is an AI-computing company founded in 2015 that designs wafer-scale processors, complete AI systems, and cloud infrastructure for high-speed model training and inference. It operates through on-premise systems and cloud services, and as of 2026 is publicly listed as Nasdaq: CBRS.

Primary product

Cerebras Wafer-Scale Engine (WSE-3) and CS-3 AI systems, complemented by Cerebras Cloud/Inferences services and software.

Founded

2015

Headquarters

1237 E. Arques Ave, Sunnyvale, California 94085, United States

Team size

500–1,000

Work style

Flexible

Industry

Semiconductors and artificial intelligence

Sub-industry

AI accelerators, wafer-scale computing, AI infrastructure and cloud inference

Offices

Sunnyvale, California, United States

San Diego, California, United States

Toronto, Ontario, Canada

Bangalore, India

Dubai, United Arab Emirates

Tokyo, Japan

Business model

Enterprise sale and deployment of CS-2/CS-3 AI systems

On-premise AI infrastructure

Pay-as-you-go Cerebras Cloud inference

AI model and inference services

Data-center capacity and managed infrastructure

Strategic infrastructure partnerships

Funding

Stage

Public company; Series H pre-IPO financing

Total raised

$2.4B

Latest round

Series H · Feb 2026

Latest amount

$1B

Revolving credit facility

Apr 2026 · Morgan Stanley, Citi, Barclays, UBS and other syndicate banks

$850M

Series H

Feb 2026 · Tiger Global

$1B

Series G

Sep 2025 · Fidelity Management & Research Company and Atreides Management

$1.1B

Series F

Nov 2021 · Alpha Wave Ventures, Abu Dhabi Growth Fund and G42

$250M

People & investors

Leadership

Andrew Feldman

Co-founder, Chief Executive Officer and President

Sean Lie

Co-founder and Chief Technology Officer

Jean-Philippe Fricker

Co-founder and Chief System Architect

Michael James

Co-founder and Chief Architect, Advanced Technologies

Gary Lauterbach

Co-founder and CTO Emeritus

Bob Komin

Chief Financial Officer

Dhiraj Mallick

Chief Operating Officer

Julie Shin Choi

SVP and Chief Marketing Officer

Qi Jin

EVP of Software

Hagay Lupesko

SVP, AI Cloud

Shirley Li

General Counsel

Jessica Liu

SVP, Product Management

Alan Chhabra

EVP, Worldwide Partners

Andy Hock

SVP, Chief Strategy Officer

Alex Varel

EVP, Worldwide Sales

Investors

1789 Capital

Abu Dhabi Growth Fund

Alpha Wave Global / Alpha Wave Ventures

Fidelity Management & Research Company

G42

Moore Strategic Ventures

Tiger Global

Valor Equity Partners

VY Capital

Work & culture

The company describes a low-overhead, collaborative environment for computer architects, scientists, researchers and engineers; stated values include integrity, passion, curiosity, humor and solving difficult problems. Its careers material emphasizes ambitious technical work, inclusivity and a simple, non-corporate culture.

Work style

Flexible

Compensation

Public job postings provide role- and location-specific salary ranges; one Sunnyvale software-engineering posting listed $169,600–$175,000 base salary. Equity and complete compensation details are not consistently public.

Benefits

Medical insurance

Dental insurance

Vision insurance

Life insurance

Generous vacation

401(k) retirement plan

Group RRSP retirement plan in Canada

Healthy snacks

Daily catered meals

Family-friendly company events

Flexible work environment

Product & market

Pricing

Enterprise hardware and infrastructure contracts are quote-based; Cerebras Cloud offers pay-as-you-go/API access and a free trial. Public cloud pricing varies by model and usage.

Differentiators

—Wafer-scale processor substantially larger than conventional GPUs
—Single-device programming model for workloads otherwise distributed across many accelerators
—Very high-speed, low-latency inference
—Integrated chip, system, software and data-center offering
—On-premise, cloud and regional deployment options
—Large-memory, high-bandwidth architecture designed for AI training and inference

Technology

Cerebras Wafer-Scale Engine WSE-1/WSE-2/WSE-3

CS-2 and CS-3 systems

Wafer-scale integration

AI training and inference accelerators

Cerebras Software Platform

Cerebras Inference API

Cerebras Cloud

Condor Galaxy supercomputer network

PyTorch

TSMC fabless manufacturing

Customers

OpenAI

Amazon Web Services (AWS)

G42

Mohamed bin Zayed University of Artificial Intelligence (MBZUAI)

Meta / Llama API

Perplexity

Mistral

Hugging Face

OpenRouter

Mayo Clinic

Global enterprises, research institutes and governments

Competitors

NVIDIA

AMD

Google TPU

Amazon Trainium/Inferentia

Intel Gaudi

Graphcore

Groq

SambaNova Systems

d-Matrix

Scale & contact

Estimated revenue

Approximately $500M–$550M annually based on reported 2025 revenue of $510.0M; 2026 company guidance was approximately $855M–$865M core revenue.

Signals & risks

Other

Sep 2024

Cerebras filed for an IPO, but the offering was delayed amid regulatory/CFIUS review related to G42’s investment and other timing issues.

Source

Other

Feb 2026

The company raised a $1 billion Series H pre-IPO round at an approximately $23 billion post-money valuation, increasing reliance on large late-stage financing and public-market execution.

Source

Other

Jun 2026

Company filings identify material concentration and execution risks, including dependence on major customers such as OpenAI, G42, MBZUAI and AWS; the cloud business also requires substantial data-center capacity and capital.

Source

Latest news

AMD and Cerebras Announce Industry-Leading Ultra-Low-Latency and High-Throughput AI Inference Solution

Cerebras/AMD · Jul 2026

AMD Helios and Cerebras WSE are being combined in a disaggregated inference architecture, initially targeted for Cerebras Cloud in the second half of 2026.

Cerebras Systems Announces Strong First Quarter 2026 Results

Cerebras Investor Relations · Jun 2026

Reported $193.4M Q1 revenue, announced a multi-year OpenAI 750MW agreement valued above $20B, an AWS partnership, and significant IPO financing.

Cerebras Systems Raises $1 Billion Series H

Cerebras · Feb 2026

Series H was led by Tiger Global at an approximately $23B post-money valuation.

Cerebras Systems Raises $1.1 Billion Series G at $8.1 Billion Valuation

Cerebras · Sep 2025

Fidelity and Atreides led the oversubscribed round, with participation from major existing and new investors.

A year after filing to IPO, still-private Cerebras Systems raises $1.1B

TechCrunch · Sep 2025

Coverage described the delayed IPO, the Series G financing and the company’s competitive position against Nvidia.