Cerebras Systems Inc. (CBRS)

Cerebras Systems will go public soon, but the exact IPO date is still unknown.
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Market Capn/a
Revenue (ttm)509.99M +75.7%
Net Income290.25M
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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]

Sector Technology
Founded 2016
Employees 401
Stock Exchange NASDAQ
Ticker Symbol CBRS
Full Company Profile

Financial Performance

Financial Statements

News

Cerebras Files for IPO Again. Its AI Chip Has Big Backers—and Big Risks.

Cerebras, the AI chip startup competing with Nvidia, filed to go public again, highlighting a $20 billion OpenAI contract alongside heavy customer concentration and lingering governance concerns.

3 days ago - Barrons

AI chip startup Cerebras files for IPO

Cerebras Systems, a startup building what CEO Andrew Feldman describes as “the fastest AI hardware for training and inference,” has filed to go public.

5 days ago - TechCrunch

Nvidia rival Cerebras is taking another swing at an IPO

The AI-chip company last filed to go public in late 2024 before scrapping its plans.

6 days ago - Market Watch

Cerebras, an A.I. Chip Maker, Files to Go Public as Tech Offerings Ramp Up

The Silicon Valley chip maker filed a prospectus just as SpaceX, Anthropic and OpenAI prepare for their own listings, in what is shaping up to be a wave of enormous initial public offerings.

6 days ago - NYTimes

Chip Startup Cerebras Files for Initial Public Offering

Cerebras Systems, the chip startup whose customers include OpenAI and Amazon, filed for an initial public offering.

6 days ago - WSJ

Cerebras Systems Announces Filing of Registration Statement for Proposed Initial Public Offering

SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems Inc. (“Cerebras”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) r...

6 days ago - Business Wire

Nvidia rival Cerebras reveals US IPO filing as AI boom drives listings

AI chipmaker ​Cerebras Systems disclosed ‌its filing for ​a ​U.S. initial public ⁠offering ​on Friday, ​bringing the Nvidia rival closer ​to ​the public markets ‌as ⁠optimism builds around a broader ​...

6 days ago - Reuters

AI chipmaker Cerebras set to file for IPO as soon as today

Cerebras, which provides cloud-based access to chips that can run artificial intelligence models, is set to file paperwork for an initial public offering on Friday, two people said. The company was va...

6 days ago - CNBC

OpenAI to spend more than $20 billion on Cerebras chips, receive equity stake, The Information reports

OpenAI has agreed ​to pay chip ‌startup Cerebras more than $20 ​billion to ​use servers powered ⁠by the ​firm's chips ​over the next three years, for ​which it ​can receive an ‌equity ⁠stake in the co...

7 days ago - Reuters

Cerebras Systems Closes $850 Million Revolving Credit Facility

SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, makers of the fastest AI infrastructure in the industry, today announced the closing of a new five-year syndicated revolving credit facility for u...

8 days ago - Business Wire

Cerebras Systems, Amazon strike deal to offer Cerebras AI chips on Amazon's cloud

Amazon.com and Cerebras Systems on Friday said they have reached a deal to combine the two companies' computing chips in a new service aimed at speeding ​up chatbots, coding tools and other artificial...

Other symbols: AMZN
5 weeks ago - Reuters

Amazon Announces Inference Chips Deal With Cerebras

Amazon Web Services says the partnership will allow it to offer lightning-fast inference computing.

Other symbols: AMZN
5 weeks ago - WSJ

AI chipmaker Cerebras namedropped by Oracle, alongside Nvidia and AMD

On Oracle's earnings call, CEO Clay Magouyrk named Cerebras as an important maker of artificial intelligence hardware, alongside Nvidia and AMD. Landing Oracle as a customer could be a big boon for Ce...

Other symbols: ORCL
6 weeks ago - CNBC

OpenAI unveils first AI model running on Cerebras chips

CNBC's Deirdre Bosa reports on news regarding OpenAI.

2 months ago - CNBC Television

OpenAI deploys Cerebras chips for 15x faster code generation in first major move beyond Nvidia

OpenAI on Thursday launched GPT-5.3-Codex-Spark, a stripped-down coding model engineered for near-instantaneous response times, marking the company's first significant inference partnership outside it...

2 months ago - VentureBeat

AI chip maker Cerebras Systems raises $1 billion in late-stage funding

AI chip maker Cerebras Systems said on Wednesday it raised $1 billion in a late-stage funding round that valued it at $23 billion.

2 months ago - Reuters

Cerebras Systems Raises $1 Billion Series H

SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems today announced the closing of a $1 billion Series H financing at a post-money valuation of approximately $23 billion. The round was led by Tiger G...

2 months ago - Business Wire

OpenAI signs deal, reportedly worth $10 billion, for compute from Cerebras

OpenAI announced Wednesday that it had reached a multi-year agreement with AI chipmaker Cerebras. The chipmaker will deliver 750 megawatts of compute to the AI giant starting this year and continuing ...

3 months ago - TechCrunch

OpenAI strikes $10 billion chip deal with Cerebras

CNBC's Kate Rooney joins 'Closing Bell' to talk a new partnership between OpenAI and Cerebras.

3 months ago - CNBC Television

Cerebras scores OpenAI deal worth over $10 billion ahead of AI chipmaker's IPO

Cerebras plans to deliver up to 750 megawatts worth of computing power to OpenAI through 2028 in a deal worth over $10 billion. The deal will help diversify Cerebras away from the United Arab Emirates...

3 months ago - CNBC

OpenAI to buy compute capacity from startup Cerebras for around $10 billion, WSJ reports

OpenAI has agreed to purchase up to 750 megawatts of computing power over three years from Cerebras in a deal worth more than $10 billion, the Wall Street Journal reported on Wednesday.

3 months ago - Reuters

OpenAI Forges Multibillion-Dollar Computing Partnership With Cerebras

The ChatGPT-maker is racing to secure more computing power, especially for responding to user queries.

3 months ago - WSJ

Exclusive: AI chip firm Cerebras set to file for US IPO after delay, sources say

AI chip maker Cerebras Systems is preparing to file for a U.S. initial public offering as soon as next week, targeting a second-quarter 2026 listing, people familiar with the matter said.

4 months ago - Reuters

Cerebras Systems and U.S. Department of Energy Sign MOU to Accelerate the Genesis Mission and U.S. National AI Initiative

SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, makers of the fastest AI infrastructure, today announced that it has signed a Memorandum of Understanding (MOU) with the U.S. Department of Energy...

4 months ago - Business Wire

Cerebras Delivers End-to-End Training and Inference for Jais 2, the World's Leading Open Arabic LLM

SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, in partnership with G42's Inception and MBZUAI's IFM, today announced the release of Jais 2, the leading open-source Arabic LLM – the first fronti...

4 months ago - Business Wire