Cerebras Systems

InfrastructureTier 2Pure AIChips

Wafer-scale AI chip company building the world's largest processors. IPO expected Q2 2026.

USSunnyvale, CA, USAFounded 2016

Valuation

$23.0B

Total Raised

$1.4B

Revenue (ARR)

$1.0B

P/S Ratio

23.0x

Employees

500

Key products

Wafer-Scale Engine 3 (WSE-3)CS-3 systemCerebras Inference

Series H2025-10

$1.1B

Lead: Abu Dhabi Investment Authority

Estimated 2025 revenues exceeding $1B. Major contracts with OpenAI, IBM, and US DoE.

0.5%

↑ 25bps

GMI50/100Rising

Sentiment55% Bullish

Active narratives

inferencewafer-scaleipo

Attention premium3.50x(overexposed)

Abu Dhabi Investment AuthorityEclipse VenturesBenchmarkAlpha Wave Global