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business Feb 5, 2026, 9:32 AM
Cerebras Systems secures $1 billion funding to challenge Nvidia - Cerebras Systems raised $1 billion in a Series H funding round, elevating its valuation to $23 billion.
- The company has previously raised $1.1 billion at a valuation of $8.1 billion, highlighting a substantial increase in investor confidence.
- Cerebras aims to strengthen its position against Nvidia and plans to pursue an IPO in the near future.
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2026 All rights reserved
2026 All rights reserved