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NEW YORK (Reuters) -Cerebras Systems is likely to postpone its IPO, after facing delays with a U.S. national security review on UAE-based tech conglomerate G42's minority investment in the AI ...
Cerebras' hardware gross margins actually went up over that time. Even better, operating losses narrowed by $40 million, a great indication that the company will be profitable if it scales.
The company’s top line provides some strong support for that story. Cerebras’s 2023 revenue came in at $78.7 million, more than triple the prior year’s $24.6 million, with momentum on the ...
(Reuters) -Cerebras Systems, a startup competing with industry leader Nvidia for a slice of the lucrative AI chip market, said late on Monday its revenue surged more than threefold in 2023, in a ...
The WSE-1 powers the Cerebras CS-1, Cerebras’ first-generation AI computer. [27] It is a 19-inch rack -mounted appliance designed for AI training and inference workloads in a datacenter. [ 13 ] The CS-1 includes a single WSE primary processor with 400,000 processing cores, as well as twelve 100 Gigabit Ethernet connections to move data in and ...
The firm's most successful investment was a 1997 investment of $6.7 million in eBay for 22.1% of the company. [2] In 2011, it invested $12 million for an 11% stake in Uber, worth $7 billion in 2019 and $9.4 billion in 2023.