Cerebras Systems Inc. (CBRS)
Market Cap | n/a |
Revenue (ttm) | 206.48M |
Net Income (ttm) | -115.94M |
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About CBRS
Cerebras is an AI company. We design processors for AI training and inference. We build AI systems to power, cool, and feed the processors data. We develop software to link these systems together into industry-leading supercomputers that are simple to use, even for the most complicated AI work, using familiar ML frameworks like PyTorch. Customers use our supercomputers to train industry-leading models. We use these supercomputers to run inference at speeds unobtainable on alternative commercial technologies. We deliver these AI capabilities to ... [Read more]
News

Cerebras Systems' IPO is further delayed
AI chipmaking company Cerebras Systems' IPO is delayed again as the public listing's national security review drags on.

Exclusive: Cerebras IPO further delayed as US national security review drags on
Cerebras Systems executives were hoping the Trump administration would wave through a national security review that has left the AI chipmaker's IPO in limbo for months, five sources familiar with the ...
AI Needs More Power, Cerebras CEO Says
Power limitations are driving up the cost of AI, says Andrew Feldman, Cerebras CEO. He joins Caroline Hyde on "Bloomberg Technology".

Cerebras Announces Six New AI Datacenters Across North America and Europe to Deliver Industry's Largest Dedicated AI Inference Cloud
SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, the pioneer in accelerating generative AI, today announced the launch of six new AI inference datacenters powered by Cerebras Wafer-Scale Engines....

Hugging Face Partners with Cerebras to Give Developers Access to Industry's Fastest AI Inference for Open-Source Models
SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras and Hugging Face today announced a new partnership to bring Cerebras Inference to the Hugging Face platform. HuggingFace has integrated Cerebras into Huggi...

Cerebras Bolsters Leadership Team with Appointment of New CISO, EVP of Worldwide Sales, and SVP of AI Cloud and Inference
SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, the pioneer in accelerating generative AI, today announced the appointment of Naor Penso as Chief Information Security Officer (CISO), Alex Varel ...

Cerebras-Perplexity deal targets $100B search market with ultra-fast AI
Cerebras and Perplexity AI partner to launch ultra-fast Sonar search model running at 1,200 tokens per second, challenging traditional search engines with specialized AI chips and near-instant results...

Cerebras Powers Perplexity Sonar with Industry's Fastest AI Inference
SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, the pioneer in accelerating generative AI, today announced its pivotal role in powering Sonar, a groundbreaking model optimized for Perplexity sea...

AI chip firm Cerebras partners with France's Mistral, claims speed record
Cerebras Systems, an artificial intelligence chip firm backed by UAE tech conglomerate G42, said on Thursday it has partnered with France's Mistral and has helped the European AI player achieve a spee...

Alan Chhabra Joins Cerebras as Executive Vice President of Worldwide Partnerships
SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, the pioneer in accelerating generative AI, today announced the appointment of Alan Chhabra as EVP of Worldwide Partnerships. In this role, Chhabra...

Cerebras becomes the world's fastest host for DeepSeek R1, outpacing Nvidia GPUs by 57x
Cerebras Systems launches DeepSeek's R1-70B AI model on its wafer-scale processor, delivering 57x faster speeds than GPU solutions and challenging Nvidia's AI chip dominance with U.S.-based inference ...

Cerebras Launches World's Fastest DeepSeek R1 Distill Llama 70B Inference
SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, the pioneer in accelerating generative AI, today announced record-breaking performance for DeepSeek-R1-Distill-Llama-70B inference, achieving more...

Cerebras Systems teams with Mayo Clinic on genomic model that predicts arthritis treatment
Cerebras Systems has teamed with Mayo Clinic to create an AI genomic foundation model that predicts the best medical treatments.

Cerebras Systems and Mayo Clinic Unveil Best in Class Genomic Foundation Model
ROCHESTER, Minn. & SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, in collaboration with Mayo Clinic, announced significant progress in developing artificial intelligence tools to advance patien...

Cerebras Demonstrates Trillion Parameter Model Training on a Single CS-3 System
SUNNYVALE, Calif. & VANCOUVER, British Columbia--(BUSINESS WIRE)--Today at NeurIPS 2024, Cerebras Systems, the pioneer in accelerating generative AI, today announced a groundbreaking achievement in co...

Cerebras Launches CePO, Enabling Realtime Reasoning Capabilities for Llama AI Models
SUNNYVALE, Calif. & VANCOUVER, British Columbia--(BUSINESS WIRE)--Today at NeurIPS 2024, Cerebras Systems, the pioneer in accelerating generative AI, announced CePO (Cerebras Planning and Optimization...

Cerebras Appoints Tom Lantzsch to Board of Directors
SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, the pioneer in accelerating generative AI, today announced the appointment of Thomas (Tom) Lantzsch as a new independent board member. Lantzsch is...

Cerebras Sets New World Record in Molecular Dynamics at 1.1 Million Simulations per Second — 748x Faster than the World's #1 Supercomputer ‘Frontier'
SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, the pioneer in accelerating generative AI, in collaboration with researchers from Sandia, Lawrence Livermore, and Los Alamos National Laboratories...

Cerebras Delivers Record-Breaking Performance with Meta's Llama 3.1 405B Model
SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems today announced that it has set a new performance record for Llama 3.1 405B – a leading frontier model released by Meta AI. Cerebras Inference gene...

Cerebras Triples its Industry-Leading Inference Performance, Setting New All Time Record
SUNNYVALE, Calif.--(BUSINESS WIRE)--Today, Cerebras Systems, the pioneer in high performance AI compute, smashed its previous industry record for inference, delivering 2,100 tokens/second performance ...

How the CEO of this upstart Nvidia rival hopes to seize on the lucrative market for AI chips
Cerebras Systems' eventual IPO could pave the way for more AI chip companies to go public. It will also test investors' appetite for the AI sector amid concerns that the industry may be overvalued.

Here's why I won't invest in Nvidia competitor Cerebras' IPO
Cerebras Systems Inc. – a California-based artificial intelligence company is seeking to go public in the US at a valuation of about $8.0 billion in 2024. The venture-backed firm specializes in chips ...

Cerebras IPO has 'too much hair' as AI chipmaker tries to sell Wall Street on Nvidia alternative
AI chipmaker Cerebras is trying to be the first major venture-backed tech company to go public in the U.S. since Rubrik's IPO in April. The company has a big tailwind thanks to technology that compete...

Cerebras Systems (CBRS) May Delay IPO Amid National Security Review
Cerebras Systems, a California-based startup known for its AI chips, might postpone its initial public offering (IPO) due to a national security review of a minority investment from UAE's G42. The U.S...
Cerebras Systems likely to postpone IPO after facing delays with CFIUS Review, reports say
CNBC's Kate Rooney, joins 'Power Lunch' to discuss reports that Cerebras Systems is likely to delay its IPO.