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Cerebras Systems Raises $1.1 Billion in Series G Funding, Valued at $8.1 Billion

Cerebras Systems Raises $1.1 Billion in Series G Funding, Valued at $8.1 Billion
Cerebras Systems, the AI‑hardware startup founded in 2015, announced a $1.1 billion Series G round that values the company at $8.1 billion. The financing, co‑led by Fidelity and Atreides Management with participation from Tiger Global, Valor Equity Partners and 1789 Capital, follows a $250 million Series F round in 2021. CEO and co‑founder Andrew Feldman said the round will fund new data‑center expansions, U.S. manufacturing hubs and continued technology development. Despite an earlier plan to go public by 2025 that was delayed by regulatory review, Cerebras remains focused on scaling its AI inference services and cloud offering. Leia mais →