Other
Sep 2024Cerebras filed for an IPO, but the offering was delayed amid regulatory/CFIUS review related to G42’s investment and other timing issues.
SourceCompany 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
Funding
Stage
Public company; Series H pre-IPO financing
Total raised
$2.4B
Latest round
Series H · Feb 2026
Latest amount
$1B
Apr 2026 · Morgan Stanley, Citi, Barclays, UBS and other syndicate banks
Feb 2026 · Tiger Global
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
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
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
Feb 2026The 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.
SourceOther
Jun 2026Company 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.
Latest news
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 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 · Feb 2026
Series H was led by Tiger Global at an approximately $23B post-money valuation.
Cerebras · Sep 2025
Fidelity and Atreides led the oversubscribed round, with participation from major existing and new investors.
Open Positions
122 jobs at Cerebras Systems
Datacenter Electrical Engineer
On-site
Datacenters
Remote Office
5d ago
On-site
Full-time