ReferIndia News Nvidia rival Cerebras secures $1 bn funding, valuation jumps to $23 bn

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Nvidia rival Cerebras secures $1 bn funding, valuation jumps to $23 bn

Published on: Feb. 4, 2026, 11 p.m. | Source: The Hindu Business Line

Cerebras Systems raises $1 billion in funding, reaching a $23B valuation as it expands its AI chip business alongside Nvidia and AMD rivals.

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