Cerebras raises $1.1B Series G at an $8.1B valuation

Cerebras

Cerebras raised $1.1 billion in Series G led by Fidelity and Atreides Management at an $8.1 billion post-money valuation, with Tiger Global, Valor, Altimeter and Benchmark participating. The company planned to deploy the capital on its processors, US manufacturing and more inference data centers.

• Series G raised $1.1 billion at $8.1 billion post-money valuation.
• Led by Fidelity and Atreides; Tiger Global, Valor, Altimeter and Benchmark also participated.
• Capital allocated to processor development, US manufacturing expansion and inference capacity.
• Positions Cerebras for large-scale inference deployments alongside training systems.