# Cerebras Systems is a maker of supersized artificial intelligence chips.

*semiconductor · news · 2026-05-04 · SiliconANGLE News*

## Key points

- Cerebras seeks to raise up to $3.5 billion in its IPO, targeting a $26.6 billion valuation.
- In 2025, Cerebras posted $290.3 million sales, reversing prior $485 million loss to $87.9 million profit.
- Cerebras' WSE-3 chip features 44GB of SRAM accessible by 900,000 cores at one clock cycle latency.
- A $20 billion chip supply deal with OpenAI could provide most of Cerebras’ future revenue through 2030.
- AWS has partnered with Cerebras to offer WSE-3 chips on its cloud platform, expanding market reach.

**Companies:** Amazon Web Services Inc., Nvidia Corp., Cerebras Systems Inc.

[Read the full story on SiliconANGLE News](https://siliconangle.com/2026/05/04/ai-chip-provider-cerebras-seeks-raise-3-5b-ipo-26-6b-valuation/)

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