AI Chip Firm Cerebras Raises $1.1 Billion, Adds Trump-Linked 1789 Capital as Investor

AI chipmaker Cerebras raises $1.1B in funding at $8.1B valuation to challenge Nvidia, IPO on hold - Tech Startups

Cerebras Systems just pulled in one of the biggest private funding rounds of the year. The Sunnyvale-based AI chip startup closed a $1.1 billion Series G at an $8.1 billion valuation, drawing in heavyweight backers and putting itself squarely on […] The post AI chipmaker Cerebras raises $1.1B in funding at $8.1B valuation to challenge Nvidia, IPO on hold first appeared on Tech Startups.

Nvidia competitor Cerebras raises $1.1B funding round, now valued at $8.1B (NVDA:NASDAQ)

Nvidia competitor Cerebras Systems announced on Tuesday that it has raised $1.1B in a new funding round. Read for more.

AI chip firm Cerebras raises $1.1 billion, adds Trump-linked 1789 Capital as investor

SAN FRANCISCO :Cerebras Systems, a Silicon Valley startup aiming to take on Nvidia by producing a dinner-plate-sized AI computing chip, on Tuesday said it raised $1.1 billion and added 1789 Capital, the venture firm where Donald Trump Jr. is a partner, as an investor.Cerebras said the funding round, which was

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

Cerebras initially filed to go public in September 2024 but ran into several regulatory delays due to foreign investments.

What Is Cerebras Going To Do With That $1.1 Billion In New Funding?

What does Cerebras Systems, the first successful waferscale computing commercializer and a contender in the race to provide compute for the world’s burgeoning AI inference workload, do for an encore? … What Is Cerebras Going To Do With That $1.1 Billion In New Funding? was written by Timothy Prickett Morgan at The Next Platform.

Cerebras Systems raises $1.1bn in Series G

Cerebras Systems, an AI infrastructure firm, has completed a $1.1bn Series G funding round, resulting in a post-money valuation of $8.1bn.