CBRS
Cerebras
Market cap$21.8B
Updated - ago
Cerebras (CBRS) dropped 2.7% to $85.911 over the past 24 hours with $26.8M in volume, continuing downward pressure following its post-IPO lockup expiration, short-seller concerns regarding hardware lifespan, and ongoing quarterly net losses.1
Cerebras Systems Inc. is an American artificial intelligence company founded in 2015 and headquartered in Sunnyvale, California. It is best known for the Wafer-Scale Engine (WSE), one of the largest computer chips ever built, which dedicates an entire silicon wafer to a single processor optimized for AI and deep learning. The company builds its CS-series supercomputing systems around these chips, alongside cloud infrastructure and software, to accelerate the training and inference of large-scale machine learning models. Cerebras targets demanding workloads in natural language processing, scientific computing, drug discovery, and generative AI, positioning its wafer-scale architecture as an alternative to large clusters of conventional GPUs. Its customers include national laboratories, pharmaceutical firms, and enterprises pursuing high-performance AI. CBRS represents Class A common stock in the company.