Full-Time
AI accelerator hardware replacing GPUs
No salary listed
Sunnyvale, CA, USA
In Person
Master's, PhD
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Cerebras Systems creates AI acceleration hardware and software. Its CS-2 system is designed to replace traditional GPU clusters for AI workloads, speeding up training and inference while simplifying the setup by eliminating the need for parallel programming, distributed training, and cluster management. The product works as a single, large processor-based accelerator with accompanying software and cloud services to run AI models efficiently, reducing latency and time to results. Compared with competitors, Cerebras differentiates itself with the largest processor in the industry and an integrated hardware-software stack that aims to streamline AI workflows rather than relying on multi-GPU clusters. The company’s goal is to help research labs, healthcare, finance, and other industries achieve faster, more cost-effective AI development and deployment by offering a turnkey high-performance AI compute solution.
Company Size
501-1,000
Company Stage
IPO
Headquarters
Sunnyvale, California
Founded
2016
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Professional Development Budget
Flexible Work Hours
Remote Work Options
401(k) Company Match
401(k) Retirement Plan
Mental Health Support
Wellness Program
Paid Sick Leave
Paid Holidays
Paid Vacation
Parental Leave
Family Planning Benefits
Fertility Treatment Support
Adoption Assistance
Childcare Support
Elder Care Support
Pet Insurance
Bereavement Leave
Employee Discounts
Company Social Events
Cerebras shares rose about 4% on Thursday after announcing a partnership with Advanced Micro Devices for AI systems. Cerebras CEO Andrew Feldman said at AMD's San Francisco AI conference that his company's chips will be used in AMD's Helios AI systems, to be installed in Cerebras data centres later this year. The partnership focuses on "ultra-low latency" technology, with the companies claiming their system provides five times higher tokens per second per watt than competitors. Chips like Cerebras's are designed to deliver AI answers quickly whilst making trade-offs in flexibility and power. Cerebras went public in May at $185 per share. The stock has been volatile, reaching $386.34 before falling below $161 in late June. Following Thursday's gain, shares traded at $219.80.
CrowdStrike and Cerebras Systems announced a strategic partnership combining AI-native cybersecurity with high-speed AI inference. CrowdStrike will use Cerebras's inference technology to power its Falcon AI Detection and Response platform, whilst Cerebras will deploy CrowdStrike's Falcon platform to secure its operations. The collaboration addresses AI-accelerated cyber threats that require real-time detection and response. According to Cerebras CISO Naor Penso, inference speed is critical in cybersecurity, as delays can determine whether AI prevents an attack or merely explains it afterwards. CrowdStrike's Daniel Bernard emphasised the partnership's strategic importance, noting that leading AI infrastructure companies are choosing CrowdStrike for protection. The partnership extends CrowdStrike's leadership in AI Detection and Response whilst bringing Cerebras's inference capabilities to enterprise security applications.
Flex has expanded its manufacturing partnership with Cerebras to scale production of the CS-3 AI accelerator system at its Milpitas, California facilities. The stock has declined 12% over the past seven days and 17% over 30 days, though it remains up 46% over 90 days and 125% over one year. Flex is currently trading at $119.25, significantly below analyst fair value estimates of $160.40, suggesting potential 26% upside. The company benefits from surging demand for AI and data centre infrastructure, with its data centre segment forecast to grow 35% annually. However, Flex faces concentration risk from a small client base and operates on thin margins. The company trades at a price-to-earnings ratio of 49.6x, above both peer and industry averages.
Cerebras Systems announced plans to build 200 MW of AI computing capacity across Europe, with data centres planned in France, Norway, and Finland. The first facility is expected to launch by the end of 2026, with full capacity reached by the end of 2027. CEO Andrew Feldman, speaking at the RAISE Summit in Paris, said the company is already contracting additional capacity for 2027 across the Nordic region to meet growing demand from enterprises, research institutions, and governments for sovereign AI compute. Part of the planned capacity will support OpenAI workloads under the companies' existing partnership. The expansion positions Cerebras as a regional AI infrastructure provider as governments and enterprises increasingly prioritise locally hosted computing power.
Cerebras Systems has built its business around wafer-scale AI chip design, offering an alternative to conventional GPU-based systems. The company's Wafer-Scale Engine keeps compute and memory on a single wafer to reduce latency in AI workloads. First-quarter 2026 core revenues rose 92% year-over-year to $191.3 million, with cloud and services revenues up 167% to $79.8 million. The Zacks Consensus Estimate projects revenues of $861.3 million for 2026 and $2.77 billion for 2027. Cerebras has secured a multi-year agreement with OpenAI worth over $20 billion for 750 megawatts of inference compute. It has also partnered with Amazon Web Services to deploy its systems in AWS data centres. However, the company faces concentration risk, with major customers accounting for most revenues. Near-term gross margin compression is expected as Cerebras expands infrastructure. Cerebras currently holds a Zacks Rank 3 rating.