Cerebras Systems

Cerebras Systems

Develops AI acceleration hardware and software

About Cerebras Systems

Simplify's Rating
Why Cerebras Systems is rated
A+
Rated A on Competitive Edge
Rated A+ on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Hardware

AI & Machine Learning

Company Size

501-1,000

Company Stage

Series F

Total Funding

$700.4M

Headquarters

Sunnyvale, California

Founded

2016

Overview

Cerebras Systems accelerates artificial intelligence (AI) processes with its CS-2 system, which replaces traditional clusters of graphics processing units (GPUs) and simplifies AI tasks by removing the need for complex programming. The CS-2 system provides faster results for clients in various industries, including pharmaceuticals and government research labs, enabling quicker AI training and lower latency in AI inference. The company generates revenue through the sale of its hardware and software solutions, distinguishing itself with the largest processor in the industry. Cerebras aims to simplify and accelerate AI research and development, reducing costs and improving outcomes.

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Simplify's Take

What believers are saying

  • Cerebras's partnership with Perplexity AI targets the $100B search market with ultra-fast results.
  • The company leads in high-speed AI inference, achieving speeds 57 times faster than GPUs.
  • Cerebras's genomic model with Mayo Clinic expands its reach into healthcare AI applications.

What critics are saying

  • Increased competition from NVIDIA could impact Cerebras's market share in AI supercomputing.
  • Potential IPO delays until 2025 may affect Cerebras's financial strategies and growth plans.
  • OpenAI's development of its own AI chips could reduce its reliance on Cerebras.

What makes Cerebras Systems unique

  • Cerebras's CS-2 system replaces traditional GPU clusters, simplifying AI computations.
  • The company offers the largest processor in the industry for faster AI training.
  • Cerebras's AI inference service promises significant performance and cost efficiency improvements.

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Funding

Total Funding

$700.4M

Above

Industry Average

Funded Over

6 Rounds

Series F funding comparison data is currently unavailable. We're working to provide this information soon!
Series F Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

-2%

2 year growth

-7%
VentureBeat
Feb 11th, 2025
Cerebras-Perplexity Deal Targets $100B Search Market With Ultra-Fast Ai

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. Cerebras Systems and Perplexity AI are joining forces to challenge the dominance of conventional search engines, announcing a partnership that promises to deliver near-instantaneous AI-powered search results at speeds previously thought impossible.The collaboration, announced today in an exclusive VentureBeat report, centers on Perplexity’s new Sonar model, which runs on Cerebras’s specialized AI chips at 1,200 tokens per second—making it one of the fastest AI search systems available. Built on Meta’s Llama 3.3 70B foundation, Sonar represents a significant bet that users will embrace AI-first search experiences if they’re fast enough.“Our partnership with Cerebras has been instrumental in bringing Sonar to life,” said Denis Yarats, Perplexity’s CTO, in a statement. “Cerebras’s cutting-edge AI inference infrastructure has enabled us to achieve unprecedented speeds and efficiency.”AI search just got faster—and Big Tech should pay attentionThe timing is notable, coming just days after Cerebras made headlines with its DeepSeek implementation, which demonstrated speeds 57 times faster than traditional GPU-based solutions. The company appears to be leveraging this momentum to establish itself as the go-to provider for high-speed AI inference.According to Perplexity’s internal testing, Sonar outperforms both GPT-4o mini and Claude 3.5 Haiku “by a substantial margin” in user satisfaction metrics, while matching or exceeding more expensive models like Claude 3.5 Sonnet

VentureBeat
Jan 30th, 2025
Cerebras Becomes The World’S Fastest Host For Deepseek R1, Outpacing Nvidia Gpus By 57X

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. Cerebras Systems announced today it will host DeepSeek’s breakthrough R1 artificial intelligence model on U.S. servers, promising speeds up to 57 times faster than GPU-based solutions while keeping sensitive data within American borders. The move comes amid growing concerns about China’s rapid AI advancement and data privacy.The AI chip startup will deploy a 70-billion-parameter version of DeepSeek-R1 running on its proprietary wafer-scale hardware, delivering 1,600 tokens per second — a dramatic improvement over traditional GPU implementations that have struggled with newer “reasoning” AI models.Response times for various AI platforms, measured in seconds to first token generation. Cerebras leads with the lowest latency at 0.18 seconds, while Amazon’s platform takes nearly a full second to respond

VentureBeat
Jan 14th, 2025
Cerebras Systems Teams With Mayo Clinic On Genomic Model That Predicts Arthritis Treatment

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. Cerebras Systems has teamed with Mayo Clinic to create an AI genomic foundation model that predicts the best medical treatments for people with reheumatoid arthritis.It could also be useful in predicting the best treatment for people with cancer and cardiovascular disease, said Andrew Feldman, CEO of Cerebras Systems, in an interview with GamesBeat. Mayo Clinic, in collaboration with Cerebras Systems, announced significant progress in developing artificial intelligence tools to advance patient care, today at the JP Morgan Healthcare Conference in San Francisco. As part of Mayo Clinic’s commitment to transforming healthcare, the institution has led the development of a world-class genomic foundation model, designed to support physicians and patients. Like Nvidia and other semiconductor companies, Cerebras if focused on AI supercomputing

Bakersfield.com
Nov 22nd, 2024
Cerebras Appoints Tom Lantzsch to Board of Directors

Cerebras Systems, the pioneer in accelerating generative AI, today announced the appointment of Thomas (Tom) Lantzsch as a new independent board member.

Business Wire
Nov 18th, 2024
Cerebras Sets New World Record in Molecular Dynamics at 1.1 Million Simulations per Second - 748x Faster than the World's #1 Supercomputer 'Frontier'

Cerebras sets new world record in molecular dynamics at 1.1 Million Simulations per second - 748x faster than the world's #1 supercomputer 'Frontier'

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