Cerebras logo

Silicon · Practice squad · Team Microsoft and OpenAI

Cerebras

Wafer-scale AI systems, public since May 2026.

64OVRBenchDraft · rated on 4 of 6

Ratings

Cerebras raised $5.55bn in its May 2026 IPO and cites an OpenAI agreement valued above $20bn, so its position rests on turning that commitment into delivered capacity.

  • Dominance56draft

    A practice-squad accelerator maker with no stated share, holding an OpenAI agreement valued above $20bn.

    sourced techcrunch.com
  • Momentumunrated

    The Atlas gives no growth figure and no stated direction for this company.

  • Leverage62draft

    OpenAI depends on it through a multi-year agreement valued above $20bn, cited in Cerebras's S-1/A.

    reported techcrunch.com

    Network base 58, judgment +4.

  • Durability70draft

    Its named risk is turning the OpenAI commitment, valued above $20bn, into delivered capacity.

    sourced techcrunch.com
  • Firepower80draft

    Its IPO priced at $185 on 13 May 2026 and raised $5.55bn.

    sourced techcrunch.com
  • Deal Heatunrated

    The Atlas reports its IPO as completed in May 2026 and no further deal activity.

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Key figures

From the Atlas key figure: IPO priced at $185 on 13 May 2026, raising $5.55bn. An OpenAI agreement valued above $20bn is cited in its S-1/A (reported). Source: techcrunch.com.

ListedPublic
Founded2016

Profile

Wafer-scale AI systems, public since May 2026.

Silicon · AI accelerators · Practice squad

Key figure IPO priced at $185 on 13 May 2026, raising $5.55bn. An OpenAI agreement valued above $20bn is cited in its S-1/A (reported).

Why it matters Builds one chip from an entire wafer, a different premise from stacking many small chips.

What could change it Turning the OpenAI commitment into delivered capacity.

sourced techcrunch.com

Connections

Allies and partners

See Cerebras and its connections on the map →

Sector standing

No. 21 of 32 rated in Silicon

  1. 20Qualcomm65
  2. 21AMEC64
  3. 21Cerebras64
  4. 23Naura63
  5. 23SMIC63

Ratings by Claude (draft), 2026-11-02, read from the Atlas data under the ratings rubric. Logo: commons.wikimedia.org. Wikimedia Commons: public domain, with a trademark restriction. The mark is a trademark of its owner.