Cerebras: AI deals, investors and valuation
As of Nov 9, 2026, Cerebras has 6 AI deals of $1B+ in this database: it pays $0M and receives $19.8B (net +$19.8B). It ranks #23 of 198 companies by number of deals.
Value over time
Valuation history
- January 2025$23B
- April 2025$23B
- July 2025$23B
- October 2025$23B
- January 2026$23B
- April 2026$23B
- July 2026$47.2B
- October 2026$25.9B
- November 2026$21.3B
OpenAI
Banche e mercato
Consorzi VC
FidelityPays to
—
Loops it is part of
No closed loop found for this company.
All Cerebras deals
The largest US IPO of 2026 up to that point: priced at $185 per share (above the range), up 68% on day one.
Series H led by Tiger Global with Benchmark, Coatue and 1789 Capital; valuation nearly tripled in four months.
On top of the compute contract (later revalued at over $20 billion), OpenAI gives Cerebras a $1 billion loan for working capital (exact date in January unknown).
OpenAI buys up to 750 MW of inference compute from Cerebras over three years, hosted in Cerebras data centers; value over $10 billion according to sources.
Series G oversubscribed, valuation $8.1 billion.
$1.1 billion Series G co-led by Fidelity and Atreides Management at $8.1 billion; listed on the stock market in the second quarter of 2026.
Questions and answers
Who are Cerebras's biggest investors and payers?
OpenAI ($11B), Banche e mercato ($5.5B), Consorzi VC ($2.1B), Fidelity ($1.1B).
How much has Cerebras invested or spent on AI deals?
$0M across 0 deals, the largest with —.
How much is Cerebras worth?
Market cap: $21.3B (Nov 9, 2026).
Is Cerebras part of a circular deal?
No closed loop found for this company.