Article 70E4R Cerebras Raises $1.1B at $8.1B Valuation

Cerebras Raises $1.1B at $8.1B Valuation

by
Doug Black
from Inside HPC & AI News | High-Performance Computing & Artificial Intelligence on (#70E4R)
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Cerebras Systems' dinner plate-size chip technology has been a curiosity since the company introduced the Wafer Scale Engine in 2019. But it's become more than just a curiosity to the AI industry - and to the venture community. Today, Cerebras announced an oversubscribed $1.1 billion Series G funding round at $8.1 billion valuation. This as [...]

The post Cerebras Raises $1.1B at $8.1B Valuation appeared first on Inside HPC & AI News | High-Performance Computing & Artificial Intelligence.

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