Articles for tag: 2024, AI Chips, ai infrastructure, benchmark capital, cerebras systems, funding news, ipo plans, openai partnership, semiconductor production, silicon valley, tiger global, wafer scale engine

Olivia D

Benchmark Secures $225M to Boost Cerebras Innovation

Cerebras Systems Soars with $1 Billion Funding Round, Valuing Company at $23 Billion This week, Cerebras Systems, an AI chipmaker, made headlines by securing $1 billion in funding, significantly increasing its valuation to $23 billion. This represents a remarkable leap from its previous valuation of $8.1 billion just six months ago, positioning Cerebras as a ...