Cerebras Systems
Cerebras Systems
Cerebras Systems is going public. Join us in our mission to revolutionize artificial intelligence with the world's largest semiconductor chip and fastest AI systems.
Founded in 2015, Cerebras Systems is revolutionizing artificial intelligence computing with breakthrough hardware and software solutions.
At Cerebras Systems, we're on a mission to build impossible technologies that accelerate AI and transform what's possible with computing. Our groundbreaking Wafer-Scale Engine (WSE) is the largest and most powerful AI processor ever built, enabling unprecedented performance for AI workloads.
Since our founding in 2015, we've consistently pushed the boundaries of what's possible in AI computing. We've evolved from a bold idea to a global leader in AI hardware, with our systems deployed at leading research institutions, enterprises, and government facilities worldwide.
Cerebras systems are powering groundbreaking research and applications across industries, from healthcare and scientific discovery to financial services and national security. Our technology enables AI models to train faster, run more efficiently, and solve problems that were previously impossible to tackle.
Compelling reasons to invest in Cerebras Systems' groundbreaking AI technology and market position.
Our Wafer-Scale Engine is the largest and most powerful AI processor ever built, with 4.2 trillion transistors and 850,000 cores, providing unmatched computational power for AI workloads.
The AI hardware market is projected to grow from $25 billion in 2023 to over $125 billion by 2027, representing a 50% CAGR, with Cerebras positioned to capture significant market share.
Our technology is protected by over 150 granted and pending patents, creating significant barriers to entry and sustainable competitive advantages in the AI hardware market.
Led by industry veterans with deep expertise in semiconductor design, AI systems, and enterprise technology, our team has a proven track record of innovation and execution.
Partnerships with industry leaders like Meta, IBM, and government agencies provide stable revenue streams, validate our technology, and create opportunities for expansion.
Our hybrid business model combines hardware sales, cloud services, and recurring software revenue, creating multiple growth vectors and increasing customer lifetime value.
Leading organizations transforming their industries with Cerebras technology.
NinjaTech AI creates the world's most powerful General AI agent and it's powered by Cerebras ultra fast inference system, enabling unprecedented reasoning capabilities and response times.
AlphaSense leverages Cerebras technology to deliver market intelligence insights 10x faster than previous solutions, giving financial professionals a critical competitive edge.
Mayo Clinic uses Cerebras systems to accelerate medical research in genomics, medical imaging analysis, and development of personalized treatment approaches.
Meta collaborates with Cerebras to power their Llama API, delivering up to 2,600 tokens per second - 18x faster than competing solutions.
Breakthrough innovations that are redefining what's possible in AI computing.
Strong growth trajectory and financial performance.
Cerebras Systems is positioned for continued strong growth, with projected revenue of $950 million in 2025, representing 64% year-over-year growth. Our expanding product portfolio, growing customer base, and increasing recurring revenue streams provide multiple vectors for sustainable growth.
Meet the visionaries and industry experts leading Cerebras Systems.
CEO & Co-Founder
Serial entrepreneur with multiple successful exits, including SeaMicro (acquired by AMD for $334M).
CTO & Co-Founder
Hardware architecture expert with extensive experience in processor design and high-performance computing.
Chief Financial Officer
Seasoned financial executive with experience at Dropbox, Zendesk, and other high-growth technology companies.
Chief Operating Officer
Former VP of Engineering at Intel and Oracle with deep expertise in semiconductor operations and supply chain.
CEO & Founder, OpenAI
Founder, Sun Microsystems
Former CEO, Veritas
Former CEO, Cadence
Access detailed information about Cerebras Systems' initial public offering.
The net proceeds from this offering will be used for:
Initial registration statement filed with the SEC
Management presentations to potential investors
Final share price determined
Cerebras Systems begins trading on NASDAQ under ticker CRBR
Answers to common questions about Cerebras Systems and our IPO.
Cerebras Systems is a leading AI computing company that designs and manufactures the world's largest and most powerful AI processor, the Wafer-Scale Engine (WSE), and the CS-3 AI system. Founded in 2015, we're focused on accelerating artificial intelligence workloads through innovative hardware and software solutions.
Unlike traditional GPUs that require clusters of thousands of chips connected by complex networking, Cerebras' Wafer-Scale Engine is a single, massive chip that spans an entire silicon wafer. This unique architecture eliminates communication bottlenecks, dramatically reduces power consumption, and simplifies programming, resulting in significantly faster training and inference for AI workloads.
Cerebras serves a diverse range of customers across industries, including leading technology companies like Meta, research institutions like the University of Edinburgh, healthcare organizations like Mayo Clinic, financial services firms like AlphaSense, and government agencies. Our technology is used for AI research, large language model training and inference, scientific computing, and other compute-intensive applications.
The net proceeds from this offering will be used for research and development of next-generation AI processors, expansion of manufacturing capacity and supply chain, growth of cloud infrastructure and services, and general corporate purposes, including working capital and potential acquisitions.
Cerebras operates a hybrid business model with three primary revenue streams: (1) hardware sales of CS-3 systems to enterprises, research institutions, and government agencies; (2) cloud services through our Cerebras Inference platform, offered on a pay-as-you-go basis; and (3) software and support services, including our software development kit, model optimization tools, and professional services.
To participate in the Cerebras IPO, you can contact one of our underwriters (Morgan Stanley, Goldman Sachs, or J.P. Morgan) or your personal broker. Alternatively, many retail brokerage platforms allow participation in IPOs, though availability may be limited. After the IPO, you can purchase shares on the open market through any brokerage account once trading begins on NASDAQ under the ticker symbol CRBR.
Get in touch with our investor relations team for more information.