Tags: Andrew Feldman

Cerebras Systems announced a $1.1 billion Series G financing round that values the AI‑hardware company at $8.1 billion. The round was co‑led by Fidelity and Atreides Management with participation from Tiger Global, Valor Equity Partners, 1789 Capital and others. The funding follows a $250 million Series F in 2021 and is earmarked for expanding data‑center footprints and U.S. manufacturing hubs. Despite the capital raise, Cerebras still intends to pursue an IPO, a plan that has faced delays due to CFIUS review of a prior $335 million investment from Abu‑Dhabi‑based G42. Lire la suite

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. Lire la suite