Overview
Cerebras Systems is an AI compute company founded in 2015 by Andrew Feldman, Gary Lauterbach, Michael James, Sean Lie and Jean-Philippe Fricker, headquartered in Sunnyvale, California [2]. The company developed the WSE-3 wafer-scale processor for inference workloads [1]. In March 2025, Cerebras partnered with AlphaSense to integrate Cerebras Inference running on the WSE-3 with Llama models into AlphaSense's financial analysis platform, delivering results approximately 10 times faster through US-based data centers [1]. Cerebras has served customers including OpenAI, Meta, Notion, Mayo Clinic, GSK, Cognition, LiveKit and Argonne National Laboratory [6]. The company raised $1.1 billion in Series G funding in September 2025 and $1.0 billion in Series H in January 2026 [3]. Cerebras went public on Nasdaq under ticker CBRS on May 14, 2026, raising $5.55 billion at $185 per share [4].
Cerebras Systems was founded in 2015 by Andrew Feldman, Gary Lauterbach, Michael James, Sean Lie and Jean-Philippe Fricker, and is headquartered in Sunnyvale, California. [2]
Business address: 1237 E Arques Ave, Sunnyvale, California, 94085. [8]
Funding history
Cerebras raised a $1.1 billion Series G in September 2025 and a $1.0 billion Series H in January 2026, after earlier rounds including a $270 million Series E in November 2019 and a $250 million Series F in November 2021. [3]
Growth & traction
Cerebras went public on Nasdaq (ticker CBRS) on 14 May 2026, raising $5.55 billion at $185 per share and opening at $350 per share. [4]
Cerebras employed 708 people as of 2025. [5]
Customers
Cerebras featured OpenAI, Meta, Notion, AlphaSense, Mayo Clinic, GSK, Cognition, LiveKit and Argonne National Laboratory as named users of its inference infrastructure on its homepage. [6]
Partnerships
Cerebras signed a deal with OpenAI in January 2026 to deliver 750 megawatts of computing power through 2028 for $10 billion, after earlier partnership deals with Meta for the Llama API (April 2025), Mistral AI and Perplexity AI (February 2025). [7]
Financials
Market data, not a filing. Read 2026-10-02.
In the news
- Cerebras Systems’ Andrew Feldman on whether AI can keep scaling at TechCrunch Disrupt 2026At TechCrunch Disrupt 2026, Cerebras Systems CEO and co-founder Andrew Feldman will explore the growing demand for compute, energy, and infrastructure, how Cerebras is approaching those constraints differently, and what comes next if today’s AI hardware reaches its limits.
TechCrunch Startups · Sep 30, 2026
- Where Is the U.S. Beating China on A.I., and Where Is It Lagging?As Xi Jinping visits President Trump in Washington, his country lags behind the United States on A.I. development in key areas — but Beijing has advantages elsewhere.
New York Times Technology · Sep 23, 2026
- Early Cerebras investor Adit Singh joins Mayfield as infrastructure partnerAt Mayfield, Singh will focus on semiconductor, cybersecurity, and physical AI investments.
Partnerships
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