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Cerebras Systems
AddedApr 16, 2026
UpdatedJun 18, 2026
Cerebras Systems

Cerebras Systems

Public

Public wafer-scale AI chipmaker trading on Nasdaq as CBRS after a blockbuster May 2026 IPO.

HQ
Sunnyvale, CA, US
Founded
2016
Overview
Compare
Fundraising
Employees
News
Website

Cerebras Systems develops wafer-scale processors that place very large numbers of AI-optimized cores on a single chip. Its Wafer Scale Engine approach is designed to keep AI models on one device rather than distributing workloads across clusters of smaller GPUs. The company completed a blockbuster IPO on May 14, 2026, raising approximately $6.38 billion on Nasdaq under ticker CBRS. Shares priced at $185, opened at $385 (up 108%), and closed the first day at $311 for a valuation of about $66 billion.

The company sells systems used for training and inference workloads in scientific research and enterprise AI settings. Customers include OpenAI, Amazon Web Services, G42, Meta, GSK, Mayo Clinic, Notion, LiveKit, and major research institutions like Argonne National Laboratory. Cerebras solutions are available on premises and in the cloud, with inference speeds up to 15 times faster than leading GPU-based solutions as benchmarked on open-source models.

Cerebras Systems - Products & Services

  • Wafer-Scale Engine logo

    Wafer-Scale Engine

    Cerebras Wafer-Scale Engine is a family of wafer-scale AI processors.

    Competing Products

    NVIDIA logo
    NVIDIA logo
  • Cerebras Cloud (Inference & Training Platform) logo

    Cerebras Cloud (Inference & Training Platform)

    Fastest cloud for training/inference of 1B-24T models with no sharding.

    Competing Products

    NVIDIA logo
    Groq logo
    Groq logo

Cerebras Systems - Similar Companies

NVIDIA logo

NVIDIA

Groq logo

Groq

groq.com

Cerebras Systems - Quick Facts

Who are Cerebras Systems' competitors?

Companies similar to Cerebras Systems include NVIDIA and Groq.

When was Cerebras Systems founded?

Cerebras Systems was founded in 2016.

Where is Cerebras Systems' headquarters located?

Cerebras Systems' headquarters is located in Sunnyvale, CA, US.

When was Cerebras Systems' last funding round?

Cerebras Systems' most recent funding round was for $1B (USD) in February 2026.

How much has Cerebras Systems raised to-date?

As of Feb 3, 2026, Cerebras Systems has raised a total of $9.2B (USD).

How many employees does Cerebras Systems have?

Cerebras Systems has 784 employees as of Apr 16, 2026.

Cerebras Systems - Classification

Technology
  • AI
Unique IDs
  • ein: 000000000
  • secCik: 0002021728
  • ticker: CBRS