Nvidia-rival Cerebras Systems valued at $23.1 billion in latest financing

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Feb 4 : AI chipmaker Cerebras Systems said on Wednesday it raised $1 billion in a late-stage funding round that valued it at $23 billion, nearly tripling its valuation just over four months after its previous financing. The round was led by Tiger Global. Other investors included Benchmark, Coatue and Donald Trump Jr.-backed 1789 Capital. AI-linked companies have continued to draw billions in private financing as corporations and governments race to develop data centers for supporting the still-

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Nvidia-rival Cerebras Systems valued at $23.1 billion in latest financing https://www.channelnewsasia.com/ - 04.02.2026 19:44

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Nvidia-rival Cerebras Systems valued at $23.1 billion in latest financing https://www.channelnewsasia.com/ - 04.02.2026 19:44