FundingAugust 9, 2023Verified

Cerebras Raises $250M Series F (2023)

$250,000,000

Key Facts

Company
Cerebras
Sector
AI Chips & Hardware
Country
United States
Round Type
Series F
Investors
G42, Alpha Wave Global, Altimeter

Funding Round Overview

Cerebras announced a Series F round on August 9, 2023 totaling $250,000,000 led by G42. AI chip maker Cerebras raised $250 million at $4 billion valuation. $250M at $4B valuation.

Deal Highlights

  • Capital involved: $250,000,000.
  • Round: Series F.
  • Investors: G42, Alpha Wave Global, Altimeter.

Company and Sector Context

Cerebras builds in the ai chips & hardware sector, one of the most active areas in AI investment today. Based in United States, the company is part of a global wave of startups scaling AI into production across regulated and enterprise environments.

How the Capital Helps

Disclosed details include $250M at $4B valuation. In ai chips & hardware, speed to market and access to high-quality talent often determine category leadership.

Competitive Landscape

Funding activity in ai chips & hardware continues to intensify as incumbents and startups race to ship reliable AI systems. This round signals ongoing investor confidence in differentiated technology and defensible distribution.

Looking Ahead

This funding positions Cerebras for continued growth in the ai chips & hardware landscape. As AI adoption accelerates across industries, deals like this signal where capital and strategic attention are moving next.

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