Cerebras

Cerebras Systems Inc. is an American artificial intelligence company with offices in Sunnyvale, San Diego, Toronto, Tokyo and Bangalore. Cerebras builds computer systems for complex artificial intelligence deep learning applications. Cerebras was founded in 2015 by Andrew Feldman, Gary Lauterbach, Michael James, Sean Lie and Jean-Philippe Fricker. These five founders worked together at SeaMicro, which was started in 2007 by Feldman and Lauterbach and was later sold to AMD in 2012 for $334 million. On August 19, 2019, Cerebras announced its Wafer-Scale Engine (WSE). In 2020, the company announced an office in Japan and partnership with Tokyo Electron Devices. In April 2021, Cerebras announced the CS-2 based on the company's Wafer Scale Engine Two (WSE-2), which has 850,000 cores. In August 2021, the company announced its brain-scale technology that can run a neural network with over 120 trillion connections. In August 2022, Cerebras was honored by the Computer History Museum in Mountain View, California. The museum added to its permanent collection and unveiled a new display featuring the WSE-2—the biggest computer chip made so far—marking an "epochal" achievement in the history of fabricating transistors as an integrated part. In August 2022, Cerebras announced the opening of a new office in Bangalore, India. Cerebras secured$27 million in series A funding led by Benchmark, Foundation Capital and Eclipse Ventures in May 2016. In December 2016, series B funding was led by Coatue Management, followed in January 2017 with series C funding led by VY Capital. The company closed its series D round with $88 million, making the company a unicorn. Investors in this round included Altimeter, VY Capital, Coatue, Foundation Capital, Benchmark, and Eclipse, in November 2018. The following November, Cerebras closed its series E round with over$270 million for a valuation of $2.4 billion. In November 2021, Cerebras announced that it had raised an additional$250 million in Series F funding, valuing the company at over $4 billion.