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… Cerebras offers an AI-specific chip called the Wafer-Scale Engine 3 that challenges GPU-based AI chips. Cerebras says its chip is faster for inference while using less power than such competitors. …
… Today OpenAI is a customer and a partner, having loaned Cerebras $1 billion secured by warrants. Those warrants conditionally grant OpenAI about 33 million shares of Cerebras’ stock, the S-1 discloses. …
… A year ago, it looked like this day would never happen for Cerebras. …
… Cerebras doubled revenue and declared a profit last year. Vishria gives all props to the Cerebras team for “persistence, ingenuity, but also adaptiveness,” he says. …
… The firm invested a total of $147 million in Cerebras over time, a bet that generated a 17-fold return at the IPO price of $185 per share, according to Eclipse. …
… Nvidia’s $20 billion Groq transaction in December and Cerebras’ $57 billion IPO last week point the way. …
Venture For Eclipse, the $2.5B Cerebras win is just the start of realizing its physical-world thesis AI If you’re giving a commencement speech in 2026, maybe don’t mention AI Transportation TechCrunch Mobility: The AI skills arms race is coming for automotive Top Headlines Apple’s Siri revamp could… …
… Topics Atech , Hardware , In Brief , Lovable , Sequoia Scout Fund , Startups Related AI Osaurus brings both local and cloud AI models to your Mac Venture Cerebras IPO makes billions for Benchmark but VC Eric Vishria almost didn’t take the meeting AI OpenAI is reportedly preparing legal action again…
… Topics AI , Elon Musk , Hardware , In Brief , Intel , semiconductors , SpaceX , xAI Related AI Why trust is a big question at the Elon Musk-OpenAI trial Venture For Eclipse, the $2.5B Cerebras win is just the start of realizing its physical-world thesis Startups $60B AI chip darling Cerebras almost…
… Cerebras held its IPO last month, returning Benchmark $3.25 billion at the IPO price. …