Series G · AI
Cerebras raises $1.1 billion Series G
Fidelity Management & Research Company and Atreides Management led the September 2025 financing.
Cerebras Systems completed a $1.1 billion Series G on September 30, 2025, at an $8.1 billion post-money valuation. Fidelity Management & Research Company and Atreides Management led the round, with backers including Tiger Global, Valor Equity Partners and 1789 Capital.
Cerebras provides AI computing through its own cloud, systems at customers’ premises and partner platforms. At the announcement, the company said it was serving trillions of tokens each month as demand grew for applications such as code generation, reasoning and AI agents.
Funding history
Series G · This round$1.1B
Series A$27.2M