General InformationCerebras Systems is an AI hardware and computing infrastructure company headquartered in Sunnyvale, California, with approximately 501–1,000 employees, founded in 2016.
Funding & FinancialsCerebras has raised approximately $2.91B in total funding, including a $1B Series H in February 2026 led by Tiger Global at a $23B post-money valuation, with key investors including Benchmark, Fidelity, Atreides Management, Alpha Wave, Altimeter, AMD, and Coatue.
Leadership & TeamAndrew Feldman is co-founder and CEO, a serial entrepreneur who previously co-founded and sold server startup SeaMicro to AMD in 2012 for $334M; Sean Lie is co-founder and Chief Hardware Architect.
Recent ActivityIn January 2026, Cerebras signed a landmark $10B+ multi-year deal with OpenAI to deliver 750 megawatts of computing power through 2028, and has since confidentially refiled for a U.S. IPO targeting a Q2 2026 listing with Morgan Stanley as lead underwriter.