Cerebras Systems

Top Executive: Andrew Feldman, CEO

Cerebras Systems is taking on the AI compute market with its massive Wafer Scale Engine chip, which it calls the “largest AI processor ever made.” The Los Altos, Calif.-based startup recently announced it has raised a $250 million Series F funding round from investors. Those funds, which brought the startup’s total funding to $720 million, will be used in part to expand sales of its purpose-built CS-2 AI system, which is powered by the second iteration of its chip, the WSE-2, and can deliver “more compute performance at less space and less power than any other system.” The startup’s systems have been adopted by AstraZeneca, GlaxoSmithKline, Tokyo Electron Devices as well as the U.S. Department of Energy’s Argonne National Laboratory and Livermore National Laboratory.